Question: What processes does supply-chain management encompass? If you were going to build a plant overseas, what factors would you take into account when making your
- What processes does supply-chain management encompass?
- If you were going to build a plant overseas, what factors would you take into account when making your location decisions?
- What strategic choices do international companies have about where to locate production operations?
- Describe strategies for mitigating some of the risks of overseas production.
- What are some advantages and disadvantages of outsourcing?
- Why do most developed nations require consolidated financial statements?
- What does currency risk mean?
- What are some ways that companies can reduce the currency risk they face?
- Compare the current-rate method of currency translation with the temporal method.
- Explain the difference between the foreign exchange rate and the internal forward rate.
- What is currency and foreign exchange? Why are they so important to international business?
- What is the difference between American and European terms for quoting currencies? Give an example. If you have traveled outside your home country, discuss how you exchanged currency while abroad. What process did you follow?
- Describe a spot rate and a forward rate.
- What are the main differences between a forward contract and a futures contract?
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