successful financial management? (1 Viewer)

[study69]

'recommed strategies for the successfful financial management of global business'

im not sure how to go abt this question.. it seems very broad. would such strategies be similar or maybe the same as domestic business?(correct me if im wrong )

any help is appreciated

thanks

 

[exa_boi87]

Successful Financial Management of a Global Business involves the following:

- Methods of Payment (Open Account, Documentary Collection, Letter of Credit, Advance Payment, Countertrade)
- Credit Risks (Hedging, Dereritives, Insurance)
- Sourcing Funds (EFIC, International Capital Market, International Factoring)