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The management team of Target is concerned about the economic factors that could impact the organization, particularly as the company transitions from being a national to a global organization. They...

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The management team of Target is concerned about the economic factors that could impact the organization, particularly as the company transitions from being a national to a global organization. They would like you to develop a presentation for them that describes, discusses, and analyzes essential economic factors for their company.
For this assignment, your requirement is to create a presentation that covers

1.The role of banks and how Target can use foreign exchange in the purchasing and selling of products in the selected market place.

2. Present how exchange rates within your selected Country's market will impact the U.S. bottom line for Target. Give a specific example.

3. Present recommended techniques the companycan use to protect them from future changes in exchange rates

You are to have at least one chart, graph or table

Answered 3 days After Jun 23, 2022

Solution

Tanmoy answered on Jun 26 2022
82 Votes
Target Transition to a Global Organization        4
TARGET TRANSITION TO A GLOBAL ORGANIZATION
Table of Contents
Introduction    3
Analysis    3
References    6
Introduction
    Target is an American departmental store chain which is located in Minneapolis. The company was founded in the year 1902 by George Dayton. There are more than 1931 stores of Target throughout US as on 2022 deals with various products such as beauty and health, electronics, games, Jewellery, furniture, shoes, toys, pet supplies and many more. As of 2021, the revenue of the company is $106 billion. The company now wants to transition itself from national to international markets and hence is concerned with the economic factors which can have an impact on the organization. In this situation I would choose Germany as a country where Target can launch their departmental stores.
Analysis
    The national banks in US will play a critical role in the foreign exchange market. They will try to control the supply of money, inflation and the interest rates and have informal target rates with respect to the monetary standards. The banks will play a crucial role for the transition of Target from national to international market. This is usually done by buying and offering of forward trades with the merchants as well as the exporters individually. Also, there is no chance of the national banks going bankrupt even if there are losses.
    It’s the commercial banks which are main players helps in operating the business sectors. They are able to purchase and offer monetary standards for the...
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