In deciding whether to take the "plunge" into international "waters," managers of businesses need to ask whether they will be able to deal successfully with currency fluctuations.

Question

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Currency fluctuations are a major risk factor for businesses operating internationally, as they can impact profits and financial stability. Therefore, it is important for managers to assess their ability to manage and mitigate this risk before expanding into international markets.

In Deciding Whether to Take the "Plunge" into International "Waters