Discuss the following:
Some reading this case reach the conclusion that international markets have many risks and that changes in currency values is one of them. They would be right, of course.
However, some may go a step further and feel that the risks are too many and too great, thus a firm should focues only on domestic markets.
You need to help them understand the difference between avoiding risk (not doing anything that contains risk) and risk avoidance via risk management.
Create your paper on "strategic conversations" and your organization
Answer the below :
1. Whys is the value of the yuan relative to the dollar so important?
2. If you were the CEO or Walmart and were preparing for a meeting with the local members of the US Congress on China's "manipulation" what would you say to them?
Assuming that the yuan will appreciate further against the dollar, what should Walmart do?
3. If you were an exporter from Argentina, Indonesia, Malaysia, or South Korea and selling to China, would you accept payment in yuan (instead of dollars)?
Create a word limit between 750 - 1250 words (approx 3-5 pages) using Microsoft Word in APA style
You must Include a cover page and reference page.
You must Use at least three references.
Cite all reference material (data, dates, graphs, quotes, paraphrased words, values, etc) in the paper and list on a reference page in APA style
References must come from sources such as, CNN, online newspapers such as, The Wall Street Journal, govt websites, etc. Sources such as Wikis, Yahoo Answers,eHow, blogs, etc. are not acceptable.