For this assignment, students are asked to simulate the creation and operations of their own multinational corporation (MNC). Students will work in groups of five (5) and are required to justify the...

Extracted text: For this assignment, students are asked to simulate the creation and operations of their own multinational corporation (MNC). Students will work in groups of five (5) and are required to justify the form of their own MNC, based in the Caribbean, which trades with a country outside of the Caribbean region (other than the USA). Students will then examine issues related to foreign exchange management within their multinational corporation. At the assigned date all groups are required to present their findings via Zoom. This group assignment and presentation should address the following: 1. The form of MNC that the business takes, that is, franchising, licensing, and exportation of a product sold through a distributor, etc. The rationale behind using this form of MNC should also be given. 2. The main foreign currencies that will be used in the business. 3. The foreign exchange exposure of the company and how the company plans to manage this exposure.