You are just one week 'young' in your job as a treasury executive in a leading laptop trader/supplier in India. Earlier your company was sourcing assembled laptops from China, but with the incentives provided with the Budget of 2020 by the Finance Minister of India, your company is planning to enter the assembly/manufacturing market in India. Now, your company is planning to source components and sub-assemblies from Taiwanese firms. This will involve a lot of foreign exchange trading and contracts. Since you are from a leading business school in India, your CFO has asked you to make a presentation to the top management on various things relating to the forex market as they are unaware of this market. 1. What is all that you would like to tell the top management about the Forex market, so as to establish your credibility?
Read the following paragraph and answer the mentioned question.
You are just one week 'young' in your job as a treasury executive in a leading laptop trader/supplier in India. Earlier your company was sourcing assembled laptops from China, but with the incentives provided with the Budget of 2020 by the Finance Minister of India, your company is planning to enter the assembly/manufacturing market in India.
Now, your company is planning to source components and sub-assemblies from Taiwanese firms. This will involve a lot of foreign exchange trading and contracts. Since you are from a leading business school in India, your CFO has asked you to make a presentation to the top management on various things relating to the forex market as they are unaware of this market.
1. What is all that you would like to tell the top management about the Forex market, so as to establish your credibility?
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