Reference no: EM132539649
Assignment: Situation: In describing the major theories of international business and relating them to doing business in a foreign country, select one local company in Oman.( I choose Oman Air) . Imagine that you are the manager of the company who is on the mission to invest in China.
Your task as a manager is to work with a consulting company in designing an investment strategy to identify which method is suitable to reduce the risk involved in terms of exchange rate, modes of international market entry and international staffing.
Guidance: In your investment strategyconsider the following areas:
• An Introduction about the background of the Omani company
• Currencies you should use for trade
• Exchange rate value of that currency today
• To insure against risks and losses from changes in exchange rates, which strategy is more suitable. Indicate between spot, forward, and currency swap.
• Which mode of market entry is more suitable for your company?
• Explain which of the three types of staffing policies is more suitable for managing international staff
• Propose an international investment strategy
You should base your assignment on:
• Your DRL materials
• News
• Academic literature
• Media and other sources