Mobile Phone Company: Negative Currency Fluctuations
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Mobile Phone Company: Negative Currency Fluctuations
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Mobile Phone Company: Negative Currency Fluctuations
There have been major terrorist attacks in three of the countries where your mobile phone company’s workforce is located. This has caused major negative currency fluctuations which could have a devastating impact on all of your business operations.
- Which specific business functions will most likely be affected in the short term?
- What measures can you implement to prevent such an internal cash flow crisis in the future?
- How have other global companies handled currency fluctuations?
- How can you use management by objective and/or management by exception to help prevent and react to negative currency fluctuations?
- How can brainstorming help in these types of situations, and who would you include in your brainstorming sessions?
