BUS 637 and BUS 638 - Week 1,2 Discussion 1 & 2

Week 2 - Discussion Forum 2

Required Resources

Text

Peng, M. W. (2017).  Global business (4th ed.). Retrieved from https://redshelf.com/

· Chapter 5: Trading Internationally

· Chapter 6: Investing Abroad Directly

· Chapter 7: Dealing with Foreign Exchange

Multimedia

Dalio, R. (2017, April).  Ray Dalio at TED2017: How to build a company where the best ideas win (Links to an external site.)  [Video file]. Retrieved from https://www.ted.com/talks/ray_dalio_how_to_build_a_company_where_the_best_ideas_win

· This video provides information about business strategy and will assist you in your Foreign Exchange Strategies discussion forum this week. This video has closed captioning and a transcript. Accessibility Statement does not exist. Privacy Policy (Links to an external site.)

Website

Slack (Links to an external site.). (https://slack.com/)

· This website provides information about Slack and will assist you in your Foreign Partner Research : Trade discussion forum this week. Accessibility Statement (Links to an external site.) Privacy Policy (Links to an external site.)

 

Recommended Resource

Web Page

Antweiler, W. (2019). Fx charts & plots (v2.16) (Links to an external site.). Retrieved from http://fx.sauder.ubc.ca/plot.html

· This web page provides information about foreign exchange rates and may assist you in your Impact of Currency Fluctuation assignment this week. Accessibility Statement does not exist. Privacy Policy does not exist.

INSTRUCTION

Prior to beginning work on this discussion forum, watch the video,  Ray Dalio: How to Build a Company Where the Best Ideas Win (Links to an external site.). In the final paper, you will formulate foreign exchange strategies for your target market country. After you watch the video, do some brief web/library research to share insights regarding the following:

· Why do some companies like Apple hedge foreign currency sometimes and not at other times and companies like Walmart decide not to hedge currency at all?

· Think about costs of hedging; variables needed to evaluate hedging; and the time, effort, and staffing needs for continuous hedging management.

· Ray Dalio is a hedge fund manager. Based on his TED talk, how do you think he would advise you to prepare foreign exchange strategies and why?

Your initial post should be 300 to 400 words. You should use at least two credible and recent sources in addition to the course textbook. Your post must be organized using APA Style headings as outlined in the APA Style Elements (Links to an external site.).