Question
If I were the CFO, or Chief Financial Officer of a multinational company, I would be responsible for managing the financial actions and cash flow
If I were the CFO, or Chief Financial Officer of a multinational company, I would be responsible for managing the financial actions and cash flow tracking throughout the company. I would need to be aware of the strengths, as well as the weaknesses while providing some of the steps I would take to help minimize international risk. Entering a new international market requires the understanding of that region and nations business laws, exchange rate, logistics, as well as the regulations. One of the risks we explored last week was navigating risks by being diverse. By diversifying our investments or performing business decisions, this would help reduce our risk. Another potential risk would be the shipping operations from country to country. If shipping transportation is not the most effective, this could cause delays in productions or loss of potential profits.
Do you agree or disagree? Please explain.
If I were the CFO, or Chief Financial Officer of a multinational company, I would be responsible for managing the financial actions and cash flow tracking throughout the company. I would need to be aware of the strengths, as well as the weaknesses while providing some of the steps I would take to help minimize international risk. Entering a new international market requires the understanding of that region and nations business laws, exchange rate, logistics, as well as the regulations. One of the risks we explored last week was navigating risks by being diverse. By diversifying our investments or performing business decisions, this would help reduce our risk. Another potential risk would be the shipping operations from country to country. If shipping transportation is not the most effective, this could cause delays in productions or loss of potential profits.
Do you agree or disagree? Please explain.
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