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Global Dimensions in Business
4-2 Foreign Exchange
Jennifer Moore
Southern New Hampshire University
GLOBAL DIMENSIONS IN BUSINESS 2
Global Dimensions in Business
Global dimensions are essential in every business running and operating in international
markets. This is because foreign aspects of business operations are not similar to local aspects.
For instance, any global business needs to understand foreign exchange rates and calculations to
help them avoid making losses during transactions. As discussed in class, foreign exchange has
both a positive and a negative impact on the profitability of a business (Amponsah & Ahmed,
2017). For instance, in the international market, a business can be profitable. Still, because of
