Week 5 DQ

1600 word min. Answer the following questions.

 

What specific problems does foreign exchange present in an organization?  How may an organization protect itself from currency fluctuations?  What are the advantages and disadvantages associated with doing so?

 

 

Your company is considering various new product opportunities, some of which would involve doing business internationally.  What type of risk management program(s) would you consider implementing?  Why?