ELECTRONICS IN BUSSINESS

Electronics in business

Electronics in business

Introduction

This research is about the impacts of International Finance on performance of any global organization. It is also known as Multinational Finance, which deals with, the exchange rate, Balance of Payments, economic and cultural exposures (Melvin & Norrbin, 2012. pp. 24). The organization, which I will, analyze in this paper, is Ultra Electronics Holdings Public Limited Company which is a UK-based multinational organization and listed in London Stock Exchange. The firm incorporated on June 25, 1993 with the name of Oval Limited. The firm changed its name to Ultra Electronics Holdings Limited on August 27, 1993. On August 30 1996, the company adopted its present name. The firm went public on August 30, 1996 by floating shares in the London Stock Exchange (Ultra Electronics, 2013). After showing constant growth and development for several decades, Ultra is now working in Defense, Security and transport and energy sector. It is Ultra's utmost priority to gain access to the world's top two defense budgets, which are the United Kingdom and the United States. Ultra earns almost half of its profits (nearly 49%) from North America. United Kingdom market produces about 29% of the profits. The firm generates 9% of the total profits from Mainland Europe while the rest of the world generates 13% of the total profits for Ultra Electronics Holdings (Ultra Electronics, 2013).

Discussion

Basic science research in conjunction with creativity and entrepreneurship has led to the boom in technology and standard of living over the past century in the developed world. These scientific breakthroughs have had wide ranging impacts on a variety of technologies from construction, automobiles, and aircraft, to telecommunications, medicine, and computation. Society has continuously tried to use its collective intelligence to further our understanding of the world around us on both macroscopic and microscopic levels to understand nature, even if the application is not immediate. While our society has many challenges that warrant considerable attention, two of the most profound are: the ability to discover or create abundant, cheap, and sustainable sources of energy and ways to execute computation with devices that become increasingly miniaturized. The increase in the standard of living that mankind has benefited from since the dawn of the industrial revolution is largely due to the availability of cheap and abundant energy. Currently much of the world's economy is dependent on a sustainable source of cheap and abundant energy. While fossil fuels have been the major source of energy over the past few centuries, they are a finite resource, and concerns exist about the environmental impact of fossil fuels from mining the naturally occurring deposits in the ground, to their transport and consumption. While the most commonly thought of environmental concern is the production of carbon dioxide and the impact that may have on the world's climate, there are other environmental concerns, such as incomplete combustion that leads to soot and smog, which affect air quality typically in densely populated areas. In addition to environmental concerns it is predicted that ...