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Explain the determinants of operating exposure.
Answer: The main determinants of a company’s operating exposure are
(a) The structure of the markets where the company sources its inputs, like labor and materials, and sells its products, and
(b) The company’s capability to mitigate the effect of exchange rate changes by adjusting its markets, product mix, and sourcing.
Definition of 'Hedge Fund': An aggressively managed portfolio of investments that uses advanced investment strategies define as leveraged, short, long and derivative positions
1. role financial intermediaries 2. nature and role of money markets
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It is the exercise price at which the investor or the bondholder exchanges the bond for shares.
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