International Business Management 1 min read
Adapting to Changing Needs
Firms do not have any control over the external business environment. Therefore, the success of an international company depends upon…
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International Business Management 1 min read
Development & Training
The overall aim of the development function is to provide adequately trained personnel in a company as well as to…
International Business Management 1 min read
HRM Issues – Recruitment and Selection
Recruitment is a process of attracting a pool of qualified applicants. Selection is choosing applicants from this pool whose qualifications match the job…
International Business Management 2 min read
Hedging Forex Risks – External Techniques
Transaction risks can also be hedged using a range of financial products − ● Forward Contracts − The forward market is used to buy…
General Concepts 8 min read
Pneumatic Gaging
Pneumatic gages have pressurized air exiting gage orifices. The air velocity differential or backpressure is a function of the separation…
International Business Management 2 min read
Hedging Forex Risks – Internal Techniques
Internal techniques to manage/reduce forex exposure include the following − ● Invoice in Home Currency − An easy way is to insist that all…
International Business Management 1 min read
Foreign Exchange Risks
There are three types of risks associated with foreign exchange – ● Transaction risk − This is the risk of an exchange rate change…
General Concepts 2 min read
Descriptions of the Relatively Mature Measuring Techniques
The following descriptions will also refer to some of the relevant vendors, whose addresses are found in Table 7.2. Additional…
International Business Management 1 min read
Sources of Funds
● Export-Import Banks − These banks provide two types of loans − Direct loans to foreign buyers of exports, and Intermediary loans to responsible parties,…
International Business Management 1 min read
Funding the International Business
Funding is the act of acquiring resources, either money (financing) or other values such as effort or time (sweat equity),…
