A major concern with international purchasing is managing the risk associated with international currency fluctuations.

Name: A major concern with international purchasing is managing the risk associated with international currency fluctuations.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement is true. International currency fluctuations can have a significant impact on the cost of goods and the profitability of international purchases. Risk management strategies such as hedging and forward contracts can be used to mitigate this risk.

A Major Concern with International Purchasing Is Managing the Risk