Describe the six major financial management tasks that are critical to firms active in international business transactions

What will be an ideal response?

? Choosing a capital structure. Determine the ideal long-term mix of financing for the firm's international operations.
? Raising funds for the firm. Obtain financing for funding value-adding activities and investment projects. Financing might come from selling stocks, borrowing money, or using internally generated funds.
? Managing working capital and cash flow. Administer funds passing in and out of the firm's value-adding activities.
? Performing capital budgeting. Assess the financial attractiveness of major investment projects, such as foreign expansion.
? Managing currency risk. Oversee transactions in various foreign currencies and manage risk exposure resulting from exchange-rate fluctuations.
? Managing the diversity of international accounting and tax practices. Learn to operate in a global environment with diverse accounting practices and international tax regimes.