Foreign exchange risks for global operation


Problem:

Select a product and a country for a global business venture. I have decided to market bbq grils to China. I also recommend that the organization is a company that produces Barbeque Grills called "Sizzler". Our product is called the "Sizzler-08" and we are trying to break into the Chinese market. Producing our own in the US is not worth it any longer, so we instead are looking at opening a plant in China where we can manufacture for both the US (cheaper labour), but mostly to break into the Chinese market.

My section is to prepare a financial overview for this global venture. I must include a chart that represents the general budget for this global venture. Also, explain how this company will deal with foreign exchange risks for this global operation using a minimum of 600 words.

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Finance Basics: Foreign exchange risks for global operation
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