For this assignment, students are asked to simulate the creation and operations of their ownmultinational corporation (MNC). Students will work in groups of five (5) and arerequired to justify the form of their own MNC, based in the Caribbean, which trades with a countryoutside of the Caribbean region (other than the USA). Students will then examine issues related toforeign exchange management within their multinational corporation. At the assigned date allgroups are required to present their findings via Zoom.This group assignment and presentation should address the following:1. The form of MNC that the business takes, that is, franchising, licensing, and exportationof a product sold through a distributor, etc. The rationale behind using this form of MNCshould also be given.2. The main foreign currencies that will be used in the business.3. The foreign exchange exposure of the company and how the company plans to manage thisexposure.

Globalization is spreading significantly across nations so that multinational organizations can…

Answered: For this assignment, students are asked…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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