FIN assignment

Globalization is an activity that is occurring all over the world.  Technology and communication are included in the concept of globalization.  Globalization is important thing to be aware of in a multinational firm.  It affects the firm in many ways.  The manager of a multinational firm would need to comprehend how globalization affects their business.  According to the first objective a manager who takes this course would gain some knowledge of how globalization may affect their business, employees and profits.  If globalization is not learned a manager may not be able to deal with the expansion or do business over a multinational firm in the modern global marketplace.

 

A manager would learn all about the international financial system in the course.  There is also the knowledge of what is used internationally for trade in that system.  Knowing how the international financial system would give management a better view in the operation of their interactions with foreign markets and companies.  Without this knowledge it would be almost impossible for a manager to be able to keep their company financially well-off if they have no idea how the financial market works.

 

With the course objectives learned, a manager would be better off than if they did not learn the objectives.  A manager would know more about the world and how money operates globally.  Globalization will be a topic that they could understand greatly.  Along with knowing about globalization, the manager would also know how international trade and the international financial system works.  Without these knowledges the manager would have a lot of issues understanding how money works with his business globally.  There may be currency problems or trade law agreements that are misunderstood.  Laws may be different in different areas and the knowledge of the international financial system would make more sense how to operate and trade internationally.