Fujitsu, a Japanese computer manufacturer, was recently quoted as taking various steps to prevent wild foreign exchange
Question:
Fujitsu, a Japanese computer manufacturer, was recently quoted as taking various steps to prevent wild foreign exchange fluctuations from affecting the company’s business. One step being taken is the balancing of export and import contracts. In 2014, the company entered into $3.4 billion of export contracts and $3.2 billion of import contracts. For the year 2015, these figures were expected to be balanced. Explain how this measure would help the firm. What are the advantages and disadvantages of this measure? Are there any alternate courses of action that would give the same end results?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Global Marketing Management
ISBN: 978-1119398332
7th edition
Authors: Masaaki Kotabe, Kristiaan Helsen
Question Posted: