1. What is currency? How do fluctuating currency rates affect global trading? Provide a real-world example in your response. What is meant by currency hedging?
2. How do you define strategic planning? What problems might an organization encounter when implementing a strategic plan?
3. What are some differences between strategic and financial planning?
4. What is the difference between future value and present value concepts?
5. What is a balance sheet and what is it used for?