multinational business finance introduction. history barter system money exchange-dinar-gold ...
TRANSCRIPT
MULTINATIONAL BUSINESS FINANCE
INTRODUCTION
HISTORY
BARTER SYSTEM MONEY EXCHANGE-DINAR-GOLD EXCHANGE OF CURRENCY GOLD STANDARD BRETTON WOOD SYSTEM FLOATING RATE SYSTEM EUROPEAN MONETARY SYSTEM
GLOBE AS A SMALL VILLAGE
FAST COMMUNICATION PERFECT IT FAST LOGISTICS- TRANSPORTATION MODERN MANAGEMENT TECHNIQUE GLOBAL NEED-COMPETITION MAKE OR IMPORT LIBRALISATION- INDIA&CHINA INCENTIVES- FREE ECONOMIC ZONE MULTINATIONAL BUSINESS AS EXPERTISED
ACTIVITY
WHY THIS PROGRAMME
NEED- Each segment of management Marketing, Sales,HR has turned specialized field. Today it has taken shape of micro specialization.
Accuracy, better way to deal, fast growth, fast actions, quality service, Export houses increasing.
USE- In foreign exchange dealing – as a dealerExport negotiation dealingCalculating RiskExport planning Export projection-qualitative & quantitative
Use cont…
Legal faultless process adoption
Adding to foreign exchange reserve-Improving balance of paymentIntelligent investment decision-Budgeting and forecastingTo learn about functioning of various institutions-World Bank, IMF, ADB etc.Awareness about higher risk countries- Political and Economic.Buy back decisions, Export Import-Mix.Technology/Process selection to maintain TQM.Selection of appropriate Technology.
Use cont….
Export BEP analysis-Cost effectivenessAwareness about risk- Political, Currency, Business Ethical Risk.Investment decisions-Payback, IRR/NPV, BEP etc.
LIMITATIONS
RBI (the central bank of country) have certain limitations/curbs an International business house has to live with these limitations.
