What is globalization? Why has globalization become such an important issue over the last ten years? How will globalization change financial management in the years ahead?
What is meant by foreign exchange risk? What specific problems does foreign exchange present in an organization? How could an organization needing Euros in six months protect itself from currency fluctuations? If a company needs 200 Euros and they are currently worth 1.31 dollars how much will it cost in dollars?
Select a Virtual Organization. Assume your organization is privately held, wants to expand operations, and is faced with three options for expansion:
• Going public through an IPO
• Acquiring another organization in the same industry
• Merging with another organization
Write a 1,050- to 1,400-word paper in which you compare and contrast options and make a recommendation about which strategy...