A Weak Dollar versus a Strong Yuan
A Weak Dollar
versus a Strong Yuan
Some reading
this case may reach the conclusion that international markets have many risks
and that changes in currency values is one of them. They would be right, of
course.
However, some
may go a step farther and feel that the risks are too many and too great, thus
a firm should focus only on domestic markets.
You need to help
them understand the difference between avoiding risk (not doing anything that
contains risk) and risk avoidance via risk management.
Write your paper
on “strategic conversations” & your organization.
Address the
following elements in your paper.
Why is the value of the yuan relative to
the dollar so important?
If you were the CEO of Wal-Mart and were
preparing for a meeting with the most vocal members of the US Congress on
China’s currency “manipulation,” what would you say to them?
Assuming that the yuan will appreciate
further against the dollar, what should Wal-Mart do?
If you were an exporter from Argentina,
Indonesia, Malaysia, or South Korea and selling to China, would you accept
payment in yuan (instead of dollars)?
The requirements
below must be met for your paper to be accepted and graded:
Write between 750 – 1250 words
(approximately 3 – 5 pages) using Microsoft Word in APA style
Include cover page and reference page.
At least 80% of your paper must be original
content/writing.
No more than 20% of your content/information may come from references.
No Plagiarism
Please
