Author name: Jessica Foster

Human resource management wouldn’t be enough without planning for how to use people strategically. Almost all businesses have some kind of long-term plan to help them reach their goals. Organizations often make plans for their finances to make sure they will reach their goals, but not as many make plans for their employees. Strategic HR […]

Businesses must be able to deal with and manage their exposure to changes in currency. Both banks and businesses have to deal with foreign exchange risks, but they do so in different ways. FX risk, or foreign exchange risk, is the possibility that changes in exchange rates could hurt a company’s bottom line. It is

It is more specifically a set of rules that lets the Reserve Bank of India and the Government of India make rules about foreign exchange that are in line with India’s plan for international trade. Not until 1973 did the Foreign Exchange Regulation Act (FERA) become a law. At midnight on December 31, 1973, the

Changes in currency can be very bad for businesses that don’t have a plan for what to do if something goes wrong. This could cause prices to go up, sales to go down, and the profit margin to get smaller. It is suggested that the company write and keep track of a policy statement that

When you put money into an asset management company (AMC), it goes into a fund that the AMC manages. Investors can expect a certain rate of return based on how well the fund does in the market. If the fund is well run, the returns can be much higher than average. In return, the fund