BSB119 Lecture Notes - Accounts Payable, U.S. Route 46, Financial Instrument
Document Summary
Outline: issues confronting ib with foreign exchange and payments, foreign exchange market functions and rates, xr risk exposures and management, ib payment systems. Lack of trust - dealing with a stranger at a distance consider the impact of different factors including geography, cultural, legal systems. Competition e. g, losing business to competitors who sell on open accounts. Future cash flow projections, profitability, competitiveness and the ability to service debt can all be impacted by foreign exchange volatility when paying or receiving foreign currency. Foreign exchange market: includes interbank market and securities exchange. International capital market: include sthe bond market, the equities market and the euro currency market. Australian company national brand: australian icon, reflects our personality. A weather proof oil-skin coat designed for horse riders. Ceo came over in 1989 english company bought dizza-bone to caretake the company. English company bought it for the brand name: left to his own devices to control the business.
