What are the major tasks in managing working capital and cash flow for international operations?… 1 answer below »
What are the major tasks in managing working capital and cash flow for international operations? What are the major steps in capital budgeting? For what types of ventures do international managers typically engage in capital budgeting?
· Embed course material concepts, principles, and theories, which require supporting citations, along with at least two scholarly peer-reviewed references in supporting your answer. Keep in mind that these scholarly references can be found in the Saudi Digital Library by conducting an advanced search specific to scholarly references.
· You need to reply to at least two of your peers' answers to this week's discussion question. These post replies need to be substantial and constructive in nature. They should add to the content of the discussion through your evaluation and analysis. Normal course dialogue doesn't fulfill these two peer replies but is expected throughout the course. Answering all course questions is also required.
· Use Saudi Electronic University academic writing standards and APA style guidelines, citing references as appropriate. Post your initial response early and check back often to continue the discussion.
Be sure to support your statements with logic and argument, citing all sources referenced. Post your initial response early, and check back often to continue the discussion. Be sure to respond to your peers’ posts as well.
This week we will delve into financial management and accounting in the global world. You will read about key tasks in international financial management including capital structure, raising funds, working capital and cash flow, budgeting, currency risk, and international accounting and tax practices.
Note: The following readings may require you to be logged in to the Saudi Digital Library. You may do that here.
Required Chapter 10 in International Business: The New Realities Suwardy, T., & Ratnatunga, J. (2014). Business landscaping for strategic advantage: Evidence from a multi-sector study. Journal of Applied Management Accounting Research, 12(2), 1-15.
Recommended Chapter 10 PowerPoint slides – International Business: The New Realities Mullner, J. (2017). International project finance: Review and implications for international finance and international business. Management Review Quarterly, 67(97-133). Pagano, M. (2017). How have global financial institutions responded to the challenges of the post-crisis era? Applied Economics, 49(1414-1425).
For Your Success
For this week's assignment, you will answer the following questions: What are the major tasks in managing working capital and cash flow for international operations? What are the major steps in capital budgeting? For what types of ventures do international managers typically engage in capital budgeting?
Remember to complete the Check Your Understanding quiz to ensure you have mastered this week's concepts. You also have a quiz covering Modules 9 and 10. There is no Live Session this week.
Learning Outcomes Define international financial management. Identify the key tasks in international financial management. Describe how to manage the diversity of international accounting and tax practices.