what are the basic reasons for the appreciation of rupee
against US Dollar?
Answers were Sorted based on User's Feedback
Answer / ponnagantis
1.FII's,NRI's investments in securities very high in last 3
years.FDI also increased.
2.Many Indians are working in abroad. They are sending huge
money to their relatives. Last year they sent nearly $27 Bn.
3.our main import is crude. Rupee appreciation is positive
to saving of forex. Our GDP is very good that's why our
exports increased.
4.............and so many things added.
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / snehal
IT outsourcing and heavy investment of FII in
india,slowdown in US economy,Rupee appreciates when there
is a position of buy rupee and sell dollers.demand for
rupee increases and ultimately rupee appreciates.
| Is This Answer Correct ? | 3 Yes | 0 No |
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6. Case Study:- A Failure to Communicate Could you come to my office for a minute, Bob?’ Asked Terry ( the plant manager ). Sure, be right there,” said Bob Gemson. Bob was the plant’s quality control director. He had been with the company for four years. After completing his degree in mechanical engineering, he worked as a production supervisor and then as maintenance manger prior to promotion to his present job. Bob thought he knew what the call was about. “But letter of resignation catches me by surprise,’ began Terry. “1 know that Wilson products will be getting a good man, but we sure need you here, too”. “J thought about it a lot, ‘said Bob, “but there just doesn’t seem to be a future for me here. “ “Why do you say that’?” asked Terry. “Well,” replied Bob, “the next position above mine is yours. With you only thirty- nine,. I don’t think it’s likely that you’ll be leaving soon. “The fact is that I am leaving soon,’ said Terry. “That’s why it’s even more of a shock to know that you are resigning. I think I’ll be moving to the corporate offices in .Tune of next year. Besides, the company has several plants that are larger than this one. We need good people in those plants from time to time, both in quality control and in general management.” “Well, I heard about an opening in the Cincinnati plant last year,” said Bob, “but by the time I checked, the job had already been filled. We never know about job opportunities in the other plants until we read about them in the company paper ‘All this is beside the point now. What would it take to get you to change your mind?” asked Terry. “I don’t think I can change my mind now,” replied Bob. “I’ve already signed a contract with Wilson.’ Questions (a) Evaluate the communication system at this company. (b) What actions might have prevented Bob’s resignation?
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