Exchange Rates – The Gasper Company has transactions with companies in many countries. It purchases components from companies in Korea and several European countries and sells its products throughout the world. The CEO is concerned that the stock market does not like companies to have volatile earnings. However, she is more willing to accept volatility if earnings are higher than they otherwise would be.
Select a type of business with which you are familiar and that would be appropriate for Gasper Company’s international activities. Write a memo to the CEO outlining how to eliminate her concerns.