Because of globalization in the worlds markets, a multinational financial manager is more likely than a domestic financial manager to specialize in finance to the exclusion of other fields of business.

FINANCIAL MANAGEMENT

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Because of globalization in the world’s markets, a multinational financial manager is more likely than a domestic financial manager to specialize in finance to the exclusion of other fields of business.

A	True
B	False
C	Either A or B
D	None of the above

Explanation:

Detailed explanation-1: -Financial globalization is an aggregate concept that refers to increasing global linkages created through cross-border financial flows. Financial integration refers to an individual country’s linkages to international capital markets. Clearly, these concepts are closely related.

Detailed explanation-2: -It helps understand the basics of all international organizations and keeps the balance intact among them. An international finance system maintains peace among the nations. Without a solid finance measure, all nations would work for their self-interest. International finance helps in keeping that issue at bay.

Detailed explanation-3: -The most significant difference between international and domestic finance is foreign currency exposure. Currency exposure impacts almost all the areas of an international business, starting from your purchases from suppliers, selling to customers, investing in plant and machinery, fundraising, etc.

There is 1 question to complete.

BUISENESS MANAGEMENT

FINANCIAL MANAGEMENT