The global financial crisis began in 2007 producing adverse effects on multinational companies (MNCs). Select one MNC based in another country. Compare its financial performance from 2007 through June 2008 to its performance from July 2008 (when the international credit crisis intensified) to the present.
In your paper, analyze how and why the international credit crisis affected the MNC’s financial performance. Address the following questions:
• Was the MNC’s revenue reduced due to weak global economic conditions?
• Was it adversely affected because of how the international credit crisis affected exchange rates?
• Was it adversely affected because of problems in obtaining credit?
• Was it adversely affected because of the kind of international financial investments it had?
• Was it directly or indirectly affected due to transaction, economic, translation, and country risk exposures
• Has the MNC recovered from the international crisis?
• What is the future outlook of the MNC’s financial performance?
In answering the above questions, your paper must also include the following sections, pertaining to the MNC selected.
