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The Mexican ceramics folk-art firm signs a contract for the Mexican firm to deliver 1500 pieces of artwork to an Italian firm within the next 120 days. The contract is denominated in pesos. During this time the Mexican peso strengthens against the euro. What is the net profitability effect on the Mexican firm? What international market concept is demonstrated in this example? Discuss the risks associated with changing exchange rates and international commerce and provide a scenario demonstrating these risks.
What are some factors that would be taken into consideration when deciding whether to participate in a bid and What tools are available to help us make a good bid/no bid decision?
Critically explain the strategic implications for enhancing your organization strategic capability through organizing, resourcing and change management strategies.
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