International financial management
Requirements: Read the scenario below. Starting on 5th February, and for the following four weeks, questions for your group to consider and research will be released each Friday in the assessment tab on BB.
Each week your group should research answers to the questions, and put them together in a portfolio. Once you have answered all the questions
You are the board of directors of a manufacturing company, Green Battery Technology Systems (GBTS Plc), based in the United Kingdom. Your company manufactures batteries used in the manufacture of various types of electric cars. You supply a number of major car producers worldwide, exporting to Germany, China, and the United States. In January 2015 (a year ago), GBTS set up a joint venture with Beijing Battery Power Technology (BBPT), a relatively small battery producer in China, to develop a new lighter and faster charging lithium battery. The research and development has been done in a small factory near Beijing, with staff supplied equally from GBTS and BBPT. The new battery is now ready for production, and could be produced in either China or the UK, or both, for sale worldwide. Marketing plans and production facilities are under discussion.
You have also recently been contacted by a Russian government trade official, who has suggested that tax breaks and other incentives could be available for manufacture of electric cars in Russia, and has offered to broker talks with a Russian car manufacturer which might be interested in developing this market. You could either enter into a supplier agreement with the Russian manufacturer, or a joint venture to manufacture batteries actually in Russia, in which case bigger incentives could be available.
All work should be word processed in 12 point font Arial and double spaced.
Please use the following file format: Word.
Please ensure that you provide the following details on the first page of your coursework:
• Student Number
• Module Name and Number
• Word Count
Please ensure you adhere to the principles of good academic practice and ensure you use the UWE Harvard system to reference your work. Failure to properly reference your work to original source material can be grounds for the assessment offence of plagiarism and may result in failure of the assessment or have more serious implications.