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Use to assess domestic risk in an effective manner

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Reference no: EM13322407

Given the fact that we are also now within a global economy, it makes sense that multinational organizations (and even those that outsource, etc.) should take into consideration global based risks focusing on exchange rates, political and cultural climate, etc. From the perspective of a financial manager, can he or she still apply the same techniques that they would use to assess domestic risk in an effective manner? What additional steps possibly are needed?

Reference no: EM13322407

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