The real meaning of being world class

Article Abstract:

One of the main aims of companies is the achievement of world class status. The need for such status is especially understood by companies that compete in the global market. Five operating strategies are generally common in world class companies: supply chain networking, focused participation and involvement, total quality commitment, flexible responsiveness and simplified continuous flow. On the other hand, these companies' performance is viewed by world class customers in terms of lowest total cost, most responsive deliveries, highest quality and reliable dependable service.

Standards

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Brazil still beckons

Article Abstract:

Brazil remains an attractive market for foreign investments. Despite a currency devaluation, the country enjoys an enthusiastic response from foreign investors. This popularity is attributed to the rising income of the country's 165 million population, vast resources and favorable industry conditions. Some of the multi-million American investors in the country include Chrysler Motors Corp and Cinemark. A total of $16 billion in American investments were deposited in Brazil from 1995-1997.

Foreign investments, Investments, Brazil, Economic indicators

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One size does not fit all

Article Abstract:

Multinational corporations who deal with their transfer pricing proactively and ensure that their policies are tailored and documented for their industry, types of activities and countries in which they operate are winners The best way to address the issue of tax authorities not agreeing on all issues involved is to adopt a global transfer pricing policy that takes into account the specific requirements of individual countries. Advance pricing agreements are discussed.

Planning, Prices and rates, Transfer pricing

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