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Bs in Business Management

In: Business and Management

Submitted By odchange
Words 941
Pages 4
Peninsula Fruits Sdn. Bhd. Introduction Peninsula Fruits Sdn. Bhd is a medium sized producer of pine apple beverage products with plantations in Peninsular Malaysia and Sarawak, East Malaysia. The company has confined its operations and sales to Malaysia but the CEO of the company, Abu Hassan, wanted to expand into the Pacific. First is to set up sales subsidiaries in Japan and Australia, then to set up a production plant in Japan, and distribute the product throughout the Pacific.

Problem Statement The problem with the plans is that according to the financial manager, Kamal Kapoor, the implications of the foreign expansion on the firm’s financial management process, He suggested that the company must develop a 1-hour tutorial package that explains the basics of multinational financial management that will be presented to the board of directors meeting.

Area for Consideration One of the areas to be considered for developing the tutorial package are the following: (1) Different currency denominations wherein cash flows in various parts of multinational corporate systems will be denominated in different currencies. (2) Economic and legal ramifications where each country will have its own unique political and economic institutions. (3) Cultural and Language differences wherein it may involve problems on achieving a successful business transaction. (4) Roles of the government where the government of a country is involved in a particular business and that it may involve political risk. For example, there are problems similar to the ones illustrated below that the company will face these are the possible solutions:
U. S. DOLLARS REQUIRED TO BUY ONE UNIT OF FOREIGN CURRENCY
JAPANESE YEN 0.0380
AUSTRALIAN DOLLAR 3.0278

1. Are these currency prices…...

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