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CS606 - Compiler Construction - Lecture Handout 19

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LL(1) Table Construction

Here now is the algorithm to construct a predictive parsing table.

  1. For each production A? a
    1. for each terminal a in FIRST(a), add A? a to M[A,a].
    2. If e is in FIRST(a), add A? a to M[A,b] for each terminal b in FOLLOW(A). If e is in FIRST(a), and $ is in FOLLOW(A), add A? a to M[A,$].

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MGT520 - International Business - Lecture Handout 33

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FOREIGN DIRECT INVESTMENT

METHODS OF ACQUISITION:

Companies may accumulate foreign assets through acquisition (buying them) or by building these assets themselves.

Resources for Acquisition:

In order to acquire a foreign asset, firms usually move capital from one country (often the home country) to the country where the newly acquired facility is located (the host country). Sometimes, if the firm already has operations in the host country, it can simply use revenues from host country operations to acquire another facility. In such instances, no international capital movement would occur.

Buy versus Build Decision:

Instead of buying an existing foreign operation, the investing firm might decide to build a new facility from scratch.

Reasons for buying: The investing company might wish to acquire a locally existing name brand, might wish to avoid adding additional capacity to the industry, might wish to avoid having to hire and train new workers. Furthermore, by buying an existing company, the investor avoids inefficiencies during the start-up period and gets an immediate cash flow rather than tying up funds during construction.
Reasons for building: Companies often make investments where there is little or no competition, so finding a firm to buy may be difficult. Furthermore, when acquiring a firm, the investor inherits all the problems that exist in the firm. Finally, a foreign company may find local financing easier to obtain if it builds facilities.

Read more: MGT520 - International Business - Lecture Handout 33

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