Select a U.S. multinational company. In terms of currency denomination, discuss how the firm prices its revenues and costs. For MNEs with multiple foreign operations, consider any one of those operations and the contribution it is making to the parent firms profits. Using this information, what do you think would be the effect of increases/decreases in the dollars exchange value on the firms profitability? Be sure to show all applicable work. 2-3 pages For the purpose of this assignment, we select the company IBM( International Business Machines), which has operations all over the world. IBM has business operations in India in the form of offshore development center for information technology services. The revenues and costs of IBMs India operations are not only done according to the local accounting practices, but are adjusted …For the purpose of this assignment, we select the company IBM( International Business Machines), which has operations all over the world.
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