(1) Based on your due diligence, you have identified two international suppliers to complete your new supply chain network - one in Frankfurt and one in TaiPei. Based on your business plan, you anticipate that you will be conducting a substantial amount of business on a continuous basis with each firm over the next several years. Given this scenario, what method would you specify for handling payments with your new supply chain partners? Why?
(2) Why is it important to manage transaction exposure?