.excelsior.edu/webapps/assignment/uploadAssignment?content_id=_1904948_1&course_id=_46636_1&assign_group_id=&mode=view”>4A1 Short Paper: Management Decision- Foreign Exchange Rates
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What is a practical application of foreign exchange rate forecasting?In completing this Management Decision students will, in effect, be making the kind of decision that international business managers make all the time. They will practice thinking and acting as an international business manager.Students will find that basic computer literacy is a must in business, because in this day and age, no one can be successful in business (domestic or international) unless he or she knows how to use Word, Excel and PowerPoint, e-mail effectively, and navigate the Web.
In effect, this is a math question. It is a do now or do later decision. At play is the foreign exchange rate today for the U.S. Dollar to the Japanese Yen compared to the forecasted rate in the future. Also at play is the interest rate you would need to pay if you wished to postpone the conversion of dollars to yen.How much is 400K yen worth in dollars today? How much is it worth 6 months from now? How much would I pay in interest if I had to wait?.googleusercontent.com/proxy/yudRVB4Okm3HqBxamlp7FHfsYtYMHLomVLWN9Pd18M2Cui45d-ZYgWN9_Mah9pYdjq0kwjZSEeobHMY_Bw4ngZ3TS_JvM0eYphwrSFRQJXDMfHFCZsL1P53mcTvLojqpg03F_qIKBfARhqTQN1pJ68sb-hkv=s0-d-e1-ft#https://mycourses.excelsior.edu/bbcswebdav/pid-1904948-dt-content-rid-15988839_1/xid-15988839_1″> Study and then answer Question 4 (and only Question 4) in chapter 10 of the text.To facilitate your response, you could use Excel (which is the most common analytical tool used by international business persons all around the world a U.S. export). Whether or not you use Excel, you must support you answer by showing the math which lead you to that course of action.
To create this assignment, first read Chapter 10 in the text.
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You will prepare a two-page Management Decision paper answering the above question. The concepts will be constructed from the textbook (there are concrete answers). The implications will include your own opinions based on what you have read and analyzed.
Your instructor will look for clear analysis, valid conclusions and solid recommendations for each decision and implication.
When ready to turn-in your Management Decision, please attach your Word and or Excel file(s) by clicking the Add Attachments button, and then the Submit button.
Review the SBT Essay Rubric located in the “Start Here” section of the course for more information on grading criteria.
