Discuss the nature and scope of international financial management
Answers
The evolution and advancement of MNCs have occurred in great levels of global marketing enterprises. Global marketing comprises financial activities such as transactions, financing, and transport within several organizations.
Certain cross-boundary movements have emerged in world economics and such condition prevails in the management of the global business.
Scope of International finance management;
International finance is a domain of monetary distribution that administers with financial communications among two or more nations. International finance manages with issues such as money exchange prices, international monetary system, Foreign Direct Investment includes risk which assists MNCs in administering with global transactions by analyzing several monetary perspectives associated with these transactions.