It is essential that business managers have a clear grasp of the many different risks involved in international business transactions, how they relate to one another and how they can be minimised. Managing Risk in International Business is a comprehensive guide to the major sources of risk encountered in activities such as importing, exporting, borrowing, lending and investing in new markets. It provides managers with an understanding of both traditional and advanced new risk measurement techniques borrowed from modern portfolio and option pricing theory.If the yen does fall, the other importers will pay fewer dollars for their imports and thus be able to lower their prices. Competition is tough ... The key to the importera#39;s problem is the number of dollars that he will have to pay for the 25 million yen.
|Title||:||Managing Risk in International Business|
|Author||:||Ephraim Clark (professor.), Ephraim Clark, Bernard Marois|
|Publisher||:||Cengage Learning Emea - 1996-01-01|