For Avon’s case in Lecture 9, what kind of management strategies (financial, operating, or pricing) did Avon use to manage its operating exposure? 1. Financing its local operations with local currency loans 2. Sell $50M worth of five Asian currencies forward against the dollar for fifteen months (August 1997) 3. Buying materials, making products in the markets in which they are sold 4. Increase profits by using its Asian factories to supply more of the non-cosmetic products sold in the U. S 5. Redirecting its marketing budget to hire more salespeople in Asia to bring in more customers 6. Compete more aggressively against disadvantaged competitors 7. Prices were raised slowly on price-sensitive brands, while faster for premium brands 8. Asking the Asian units remit earnings weekly instead of monthly (July 1997)

steering wheels are always situated on the left side of the car.

always drive on the right side of the road.

white lines separate lanes of traffic traveling the same direction.

hashed or broken lines means you may change lanes when it is safe.

solid white lines mean stay in your lane.

yellow lines separate traffic moving in opposing directions.

hashed or broken yellow lines mean you can carefully pass, paying attention to oncoming traffic.

never cross a solid yellow line (or double yellow line).

when turning left at an intersection, pass in front of any cars that are turning left from the opposing direction (do not try to pass behind them).

use the left lane to pass other cars traveling your direction.

do not pass in the right lane unless absolutely necessary.

if you are driving in the far left hand lane and someone would like to pass you, move over to the right lane when it is safe to do so and allow them to pass.

you must always yield to pedestrians.

come to a complete stop whenever you see pedestrians trying to cross the street.

never pass a school bus if it has flashing red lights. wait until the lights have stopped.

be aware of bicyclists. often they share the road with cars and are supposed to also follow general traffic laws.

be particularly careful about driving in cities with bike lanes -- always check before turning that a bike is not coming.

it is mandatory to pull over or stop at an intersection to allow an emergency vehicle to pass you if you see one traveling with lights flashing and/or a siren running.

do not overuse your car horn. horns are used almost exclusively for emergency situations or for when you feel unsafe.

explanation:

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

lives by a moral and ethical code

1. avoid them

2. a talk with them

3. ask someone you trust

4. ignore

5. call police