INTRANATIONAL EXPOSURE
MANAGEMENT
INTRODUCTION
International experience is an important success factor for
your career, because our world has become global. It is
advisable to gain this international exposure early on in your
career. This video outlines how to prepare for this and how to
find the right job abroad.
Getting exposed to different cultures, countries, markets and
ways of life is of crucial importance for a successful career in
our today’s world. In our highly globalized economies, the
ability to understand customer needs across the globe is
indispensable.
TYPES EXPOSURE
1 Transaction Exposure:
• A transaction exposure arises due to fluctuation in exchange rate
between the time at which the contract is concluded in foreign
currency and the time at which settlement is made. Transaction
exposure is short term in nature, usually for a period less than one
year
COUNT.
2. Operating Exposure:
• An operating exposure is the measurement of the extent to which the
firm’s operating cash flows are affected by the exchange rate.
Operating exposure is the degree to which exchange rate changes, in
combination with price changes, will alter a company’s future
operating cash flows, and in turn profitability
COUNT.
3 Translation Exposure:
• The accounting recording of transactions give rise to the assets or
liabilities, hence whenever the parent firm tries to consolidate the
position of subsidiaries in their books, the Translation exposure
comes into existence.
The Importance of International Exposure: Top 5
Benefits
• 1: Elevates your credentials: Studying abroad or the experience of
working abroad will be a glowing addition to your CV. This
international exposure is something that future employers will find
atractive owing to the higher standard of education
2:The best networking opportunities: You will meet a variety of
people while you are studying abroad. This can serve as one of the best
opportunities to network and grow your professional and career circle.
COUNT.
• 3 :Cultural awareness and communication skills: The people you
meet will be from all around the world and from all walks of life
• 4 :Professional and personal development: When studying overseas,
you will receive a better a better quality of education which will help
you be more competent in the work place.
• 5:Confidence and independence: It is an undeniable fact that global
exposure will enable you to be more confident in yourself and to be
independent. You will learn skills like problem solving, practical
thinking and the ability to make decisions that are the best for you.
You will become more confident in the lity