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Business
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| Number of pages / Number of words: |
2 / 421 |
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According to John Leslie Livingstone in The Portable MBA in Finance and Accounting (1997), when a company exports goods one of the risks the company must address involves foreign exchange rate fluctuations. One way to avoid exchange rate risk is to require payment in advance. The problem is that requiring cash in advance tends to reduce sales...
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According to John Leslie Livingstone in The Portable MBA in Finance and Accounting (1997), when a company exports goods one of the risks the company must address involves foreign exchange rate fluctuations. One way to avoid exchange rate risk is to require payment in advance. The problem is that requiring cash in advance tends to reduce sales...
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