Advantage and disadvantages of global financial management
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Advantage are
- It provides the foundation of the international growth.
- international trade improves financial performance.
- revenue stream have some protection.
- it encourages market competitiveness.
Disadvantages are
- there is always political risk involved with international trade.
- there can be severe exchange rate risks.
- it also present cultural complications.
- it has a credit risk that must be specifically managed.
hope it's helpful....
- It provides the foundation of the international growth.
- international trade improves financial performance.
- revenue stream have some protection.
- it encourages market competitiveness.
Disadvantages are
- there is always political risk involved with international trade.
- there can be severe exchange rate risks.
- it also present cultural complications.
- it has a credit risk that must be specifically managed.
hope it's helpful....
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