FIN 370 WK 5 DQ's

What is meant by foreign exchange risk? What specific problems does foreign exchange present in an organization? How could an organization needing Euros in six months protect itself from currency fluctuations?

How may an organization that needs euros in 6 months protect itself from currency fluctuations?

What is globalization? Why has globalization become so important during the last 10 years? How will globalization change financial management in the future? Be sure to provide specific examples.