International Financial Management
Mohd Arif Business Educational World
A Business grow, so does their awareness of opportunities is foreign market, initially, they may merely attempt to export a product to a particular country or import supplier from a foreign manufacturer.
An understanding of International Financial Management is crucial to not only the large MNCs with numerous foreign subsidiaries, but also to the small business engaged in Exporting or Importing. Seventy Eight percent of the 43,300 U.S. firms that Export have been then 100 employees. International business is even important to companies that have no intention of engaging in International Business.
Which companies must recognized how their foreign competition will affected by movements in Exchange Rates, Foreign Interest rates, Labour Costs, and Inflation. Such economic characteristics can affect to foreign competitors cost of production and pricing policy.
This paper is only my personal occasional educational paper. It any correction or fault on this paper then contact me.
working papers series
Date posted: June 12, 2008
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