Module 5 Discussion Question 1
An exchange rate is the price of currency. Google
exchange rates for the following countries: Canada, Mexico, Germany, and
Japan. What do you notice about each exchange rate in regards to the
value of the American dollar? How important would exchange rate be when
deciding to “go global?”
Consider the following business
scenarios. Imagine yourself as small business owner who uses e-commerce.
What happens if the dollar increases in value (relative to other
currencies)? What happens if the dollar decreases in value (relative to
other currencies)? Consider outstanding orders and payments.Module 6 Discussion Question 1
What are three strategies to achieve greater market
diversity? Think back to your Principles of Marketing course. What are
the four Ps of marketing? How can you apply to this to international
marketing?
An exchange rate is the price of currency. Google
exchange rates for the following countries: Canada, Mexico, Germany, and
Japan. What do you notice about each exchange rate in regards to the
value of the American dollar? How important would exchange rate be when
deciding to “go global?”
Consider the following business
scenarios. Imagine yourself as small business owner who uses e-commerce.
What happens if the dollar increases in value (relative to other
currencies)? What happens if the dollar decreases in value (relative to
other currencies)? Consider outstanding orders and payments.
