1. How could a multinational company (such as Apple) utilize the foreign exchange market to finance foreign activities? What are the benefits and risks of utilizing the Forex to finance these activites?
2. Based on your understanding of this entity's budget process, participants and dynamics in particular, and your understanding of these issues in general, what is budgeting? Please do not just describe the budget process. The ultimate goal of this assignment is to get a feel for "what is budgeting."?