The overall aim of the development function is to provide adequately trained personnel in a…

Recruitment is a process of attracting a pool of qualified applicants. Selection is choosing applicants from this pool…

Transaction risks can also be hedged using a range of financial products − ●      Forward Contracts − The forward…

Internal techniques to manage/reduce forex exposure include the following − ●      Invoice in Home Currency − An easy way…

There are three types of risks associated with foreign exchange – ●      Transaction risk − This is the risk…

●      Export-Import Banks − These banks provide two types of loans − Direct loans to foreign buyers of exports, and…

Funding is the act of acquiring resources, either money (financing) or other values such as…

MNCs want to minimize the cost and maximize their economies of scale. They invest in…

International corporations have shaped the global economy in the 20th century. Now, any of the…

The proliferation of MNCs began 200 years back, but then, foreign investments were quite limited.…