--- Q7. In a lecture given for Lakeland's Management Lecture Series around 2014, one of the...
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--- Q7. In a lecture given for Lakeland's Management Lecture Series around 2014, one of the Senior VP's from Avery Dennison admitted that he made a significant mistake while managing currency in Argentina he was a top executive in their Argentina operations and accidentally caused a $500,000 overnight loss because he did not move the currency correctly. If you were Avery Dennison, how would you train and prepare for these kinds of situations? Would you fire the person who did it? What types of back-up systems could you have in place to be sure that this could not happen? --- Q7. In a lecture given for Lakeland's Management Lecture Series around 2014, one of the Senior VP's from Avery Dennison admitted that he made a significant mistake while managing currency in Argentina he was a top executive in their Argentina operations and accidentally caused a $500,000 overnight loss because he did not move the currency correctly. If you were Avery Dennison, how would you train and prepare for these kinds of situations? Would you fire the person who did it? What types of back-up systems could you have in place to be sure that this could not happen?
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