Question: Prior to beginning work on this discussion forum, read Chapters 6 and 7 of the text. What are the two major conceptual issues that must

Prior to beginning work on this discussion forum, read Chapters 6 and 7 of the text. What are the two major conceptual issues that must be resolved in translating foreign currency financial statements? What factors create a balance sheet (or translation) exposure to foreign exchange risk? How does balance sheet exposure compare with transaction exposure?

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4. Go to the ACAS website at www.acas.org.uk and view the video Breaking bad news at work the role of the redundancy envoy.

2. What would you say in a formal memo to staff advising them of possible redundancies?

3. How would someone adopting the special envoy role advocated by Ashman (2012a) earlier in the chapter be likely to handle this situation?