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    Financial Management Issues of The New Millennium

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    Wawex Davis
    This document discusses two major financial management issues for corporations in the new millennium: the effect of changing technology and the globalization of business. It provides data showing that for 10 well-known corporations in 2001, a significant percentage of their revenue and net income came from overseas operations, demonstrating their increasing reliance on global business as financial management adapts to worldwide markets.

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    Financial Management Issues of The New Millennium

    Uploaded by

    Wawex Davis
    370 views2 pages
    This document discusses two major financial management issues for corporations in the new millennium: the effect of changing technology and the globalization of business. It provides data showing that for 10 well-known corporations in 2001, a significant percentage of their revenue and net income came from overseas operations, demonstrating their increasing reliance on global business as financial management adapts to worldwide markets.

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    Financial Management Issues of the New Millennium

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    Financial Management Issues of the New Millennium

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    This document discusses two major financial management issues for corporations in the new millennium: the effect of changing technology and the globalization of business. It provides data showing that for 10 well-known corporations in 2001, a significant percentage of their revenue and net income came from overseas operations, demonstrating their increasing reliance on global business as financial management adapts to worldwide markets.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    370 views2 pages

    Financial Management Issues of The New Millennium

    Uploaded by

    Wawex Davis
    This document discusses two major financial management issues for corporations in the new millennium: the effect of changing technology and the globalization of business. It provides data showing that for 10 well-known corporations in 2001, a significant percentage of their revenue and net income came from overseas operations, demonstrating their increasing reliance on global business as financial management adapts to worldwide markets.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    of 2

    Financial Management Issues of the New

    Millennium
    • The effect of
    changing technology
    • The globalization of
    business
    Percentage of Revenue and Net Income from Overseas
    Operations for 10 Well-Known Corporations, 2001
    Company % of Revenue % of Net Income
    from overseas from overseas
    Coca-Cola 60.8 35.9
    Exxon Mobil 69.4 60.2
    General Electric 32.6 25.2
    General Motors 26.1 60.6
    IBM 57.9 48.4
    JP Morgan Chase & Co. 35.5 51.7
    McDonald’s 63.1 61.7
    Merck 18.3 58.1
    3M 52.9 47.0
    Sears, Roebuck 10.5 7.8

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