Effective Cash Management in a MNC
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Discuss the pros and cons of a MNC having a centralized cash manager handle all investment and borrowing for all affiliates of the MNC versus each affiliate having a local manager who performs the cash management activities of the affiliate.
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The solution discusses the pros and cons of a MNC having centralized cash manager handle all investment and borrowing for all affiliates of the MNC vs. each affiliate having a local manager who performs the cash management activities of the affiliate
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A centralized cash management in an MNC simplifies monitoring, but also could result to an inefficient management as the manager's expertise is limited in few ...
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