DUE: 12.18.14 @ 11:59PM
Regardless of the industry in which you work the global economy influences business decisions. The scope of knowledge of the finance manager expands as economic and global events must factor in decision making. The finance manager needs to understand the differences in corporate governance within other countries and assess risks associated with foreign exchange rates. The most significant lessons include foreign exchange risk. Please research how foreign exchange risk occurs when the restated value of cash changes due to changes in one country’s currency valuation versus another currency ‘s exchange rate. The finance manager relies upon knowledge of international political and economic events and exchange rate expectations. Historically, exchange rates have proven volatile and finance managers responsibilities are more reliant on analysis of past events to assess future outcomes. Please note that currency exchange rates are readily available via Federal Reserve Economic Data for US exchange rates.
Please write a COMPLETE 1-page paper, double spaced that summarizes the following information above, and what you think of it.
Use standard 12-point font size
MS Word Document
1 page paper(Again, nothing less!)
1-2 sources in APA citation(I willn’t need anymore then 3 sources for sure)
Thorough Response is a must!!
And NO plagiarism!!