Exchange Rate Risk Assignment Example | Topics and Well Written Essays - 250 words

Exchange Rate Risk - Assignment Example Economic exposure involves potential negative effect on business future cash flows from foreign subsidiaries due to fluctuation of exchange rate (Madura, 2012). The various hedging strategies that GBATT can employ to cushion exchange rate risk entails futures contract, forward contract, and options contract (Madura, 2012). GBATT can employ the futures contract to avoid exchange rate risk by entering into a contract with a financial institution on the price and quantity of foreign currencies that will be applied at a specific date. Similarly, the forward contract can be applied by specifying the price at which the foreign currency will be exchanged at with a financial institution in a contract. The options strategy on the other hand will involve entering into an agreement that will give GBATT to sell the foreign denominated currencies but not an obligation at a given rate to domestic currency at specific date. Consequently, the three hedging strategies will enable GBATT to avoid exchange rate volatility. One of the firms that employ hedging strategies to cushion exchange rate risk is Coca Cola Company to reduce translation exposure from its foreign subsidiaries (Coca-Cola.com, 2012). In addition, Dell Corporation has adopted hedging strategies to cushion exchange rate fluctuation (Dell,

Analyse and evaluate the overall HR strategy, especially in relation Coursework

Analyse and evaluate the overall HR strategy, especially in relation to manpower planning and talent management - Coursework Example Therefore, in the perspective of workforce sequences such as change in customer preference and technology in the field of engineering and mechanical design technology. Future oriented organizations such TNNB must consider rethinking of their view of human resource management strategies, which have key internal and external factors affecting them in an organization. Radical changes have to be undertaken in the company regarding various human resource management variables that will help manage current and future human capital in the organization. These factors are social, technological and depend greatly on the environment in which the human capital is located. The organizations success depends on the design and implementation strategy that human resource has. These strategies should be linked to the employee of the organization and other external factors such as the government. Human resource strategies should also analyze all the dimensions of TNNB systems such as nature of staff their skills and abilities, stakeholders and the current market trends in the industry. This will help the management to predict thus manage their labour force leading to maximum labour output. In addition, the culture within the organization, leadership from the two project managers and employee engagement has a crucial role to play in talent retention (Amos 2008 pg45). The management should consider these factors in order to develop an integrated framework in talent management; this will help the organization to develop a pathway for outstanding business performance. In an organizational set up such as TNNB, it is common knowledge that team managers should add more value in the corporation. This will help reduce tension between the two engineering departments. The best strategy of doing this is by converting the engineers and other sub ordinate staff in to business partners of