Research the U.S. multinational company, The General Electric Company, follow the format below and answer the following questions:
Follow this format.
1. INTRODUCTION
2. MAIN PART
3. CONCLUSIONS
4. SUMMARY
Answer the following questions:
1. In terms of currency denomination, describe how the firm prices its revenues and costs.
2. For multinational enterprises (MNEs) with multiple foreign operations, consider any 2 of those operations and the contribution they are making to the parent firm’s profits.
3. What means do they use to hedge against exchange rate risk?
4. Using this information, what do you think would be the effect of increases or decreases in the dollar’s exchange value on the firm’s profitability?