Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What happens if you happen to work for Delta and you receive news about the OECD Financing changes and opportunities? Would you adjust the budget

What happens if you happen to work for Delta and you receive news about the OECD Financing changes and opportunities? Would you adjust the budget for next year in any way? Would you expect sales to change? Would you expect any of the expenses to change? Discuss this in general terms between yourselves.

https://youtu.be/pkxsp9v8ljs

As a financial manager working at Delta Air Lines, it would be apriority to adjust the budget for the next year due to the Organization for Economic Co-operation Development (OECD) news about the financing changes and opportunities. Due to possible premium charges rising for export guarantees and it is becoming more expensive to finance planes having a strong cash budget plan would be best. I would expect the sales of an aircraft to increase due to the high demand because now airline companies no longer must worry about not getting approved for loans from their state lending agencies. The purpose is for an open market where airlines can choose who they want to do business with and be able to have a choice locally or globally.

Do you agree with the statement above why or why not ? Explain your reasoning

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials Of Health Policy And Law

Authors: Sara E. Wilensky, Joel B. Teitelbaum

5th Edition

1284247457, 978-1284247459

More Books

Students also viewed these Law questions

Question

=+a) Fit a regression model with just Year as the predictor.

Answered: 1 week ago

Question

Define Administration?

Answered: 1 week ago

Question

Define Decision making

Answered: 1 week ago

Question

What are the major social responsibilities of business managers ?

Answered: 1 week ago

Question

2. How do I perform this role?

Answered: 1 week ago