Financial modelling Assignment Example | Topics and Well Written Essays - 750 words

Financial modelling - Assignment Example This diversification was given a priority in the study and thus the tests were carried out on 10 different stocks. The study was very important in that it would assist economists and even future ones to understand the magnitudes and signs such as the relationship of beta to the prevailing market returns. With the understanding, they would be able to balance them and with this, the market force would be at a balance. The Australian Stock Exchange (ASX) was very influential in that it provided us with the required resources for the study. In the review of the previous literature in the provided topic, the Capital Assets Pricing and Markets model it was identified that the relationship between the beta and the average return is minimal that what is provided. This is opposed to the major notion that the relationship between the beta and the expected return is explained by the difference in the beta (Pahl, 2009, 27). It was also identified that when carrying out the calculations of the expected returns for small or rather low business markets, the Capital Assets and Pricing Model may not be the best method to use. With regard to the previous studies carried out in the topic, our hypothesis and results are superficial. This is due to the fact that there has been the inclusion of the Fama and French’s three factor model. When this model is put alongside the Capital Assets Pricing Model, it tends to show the benefits and the limitations of the model. The CAPM model has it that a linear relationship is provided between the lone assets and the accompanying risk. This is the major problem associated with the model. The Three Factor Model has an upper hand in this case as the returns are distributed in two groups (Bringham, 2009, 47). There are those that major on the big stocks and there are those that major in small stocks measured using ratios. The model also adds two more factors that are not included in the CAPM.

Global marketing strategy Essay Example | Topics and Well Written Essays - 3000 words

Global marketing strategy - Essay Example In the current decade international marketing has emerged as a booming platform that holds significance in daily life of customers. National boundaries or local regions are not restricted only to competitive forces. Firms operating in globalized economy can only be successful if they are responsive towards local and global market conditions. International marketing process comprises of various factors and companies need to develop strategies to encompass such factors. Skills of international marketing are an important aspect of every firm whether it is involved in different activities of exporting for the company or brand. Globalized market place has witnessed a sudden drift in the recent years due to emergence of trading standards, practices and techniques. There are wide array of market entry barriers witnessed by firms who plan to go global. This study shall outline such barriers and even portray a clear picture regarding two different market segments. Poundland is a variety store chain of United Kingdom that sells majority items in its store outlets at  £1. Stephen Smith and Dave Dodd had founded the company in 1990. The firm presently operates in more than 450 locations and comprises of 3000 kitchen ware, healthcare, home ware and gift products. It deals in 16 categories majority of which are clearance products or do not hold a brand name. This study would highlight the international expansion of Poundland into Japan and China. The major aim of this analytical study is to determine the market conditions of a developing and developed country. Japan and China has been selected as two markets where Poundland will expand its business. Both these countries comprise of certain opportunities for the variety store chain. In order to establish market position in a country it is essential to analyze its marketing environment. There is wide range of external forces that changes operating environment of a country. PESTEL analysis is basically