Assignment:
High interest rates put a premium on careful management of cash and marketable securities.
a. What techniques are available to an MNC with operating subsidiaries in many countries to economize on these short-term assets?
b. What are the advantages and disadvantages of centralizing the cash management function?
c. What can the firm do to enhance the advantages and reduce the disadvantages described in part b?
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.