A 90-day forward-sale purchase contract will help to reduce or eliminate the risk facing the U.S. Firm.
<h3>What is a Forward sale Contract?</h3>
This refers to a special contract between two parties to purchase or sell an asset at an agreed price on a future date.
The fact that the price has been set and agreed upon protects the parties from fluctuations, which in this case, is exchange rate risks.
The correct answer, thus, is A.
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Answer:
define the problem and research objectives.
yw b
The answer to your question is False
Answer: Ford manufactures a car in Michigan, but uses parts sourced from 27 countries
Explanation:
Globalization is the process by which businesses or organizations develop international influence or a situation whereby they start operating on international scale.
Globalization of production has to do with the producers of final finished goods relocating and moving to other parts of the world in order to source for the necessary raw materials or equipments needed to complete a product and assemble all of them at their facility.
Based on this definition, Ford manufactures a car in Michigan, but uses parts sourced from 27 countries is the right answer.
