22
Match following with: (A) Multi-domestic Company; (B) Global Company. (Give example Co.) ______An organization that operates in many countries, where it customizes ith each of which formulates its own business strategy based on perceived market differences (Example:_____ ______An organization that tries to standardize and integrate its operations worldwide for all functions (Example ___________________ .
23
Match 2of the following definitions as (A)FORWARD Rate (B)SPOT Rate (C) FUTURES ___________________ FX trade priced today but priced for delivery for a specific future date ___________________ FX trades done today at the current rate---it will be settled in 2 days.
24 What are the two main methods of communication? (Give 1 example for each) (i)_____________ Example: ___________ and (ii)____________ Example: ____________________
Answer 22
Global company an organisation that operates in many countries, where it customizes it each of which formulates in own business strategy based on perceived market difference
Example = coca cola
Multi-domestic company an organisation that tries to standardise and integrate its operations worldwide for all functions
Example = Nestle
Answer 23
forward rate FX trade priced today but priced for delivery for a specific future date
spot rate Fx trade done today at current rate it will be settled in two days
Answer 24
two method of communication are -
Example of verbal communication = Advising someone for appropriate course of action
Example of written communication = Fax
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