Different departments in an MNC should establish their own exchange rate forecasts because each department can best determine the type of forecasts that it needs.

Question

Quizplus · Accepted Answer

Establishing multiple exchange rate forecasts within different departments of an MNC can lead to inconsistencies and inefficiencies. It is more effective to have a centralized approach to forecasting to ensure coherence and alignment with the overall financial strategy of the company.

Different Departments in an MNC Should Establish Their Own Exchange