Business situation Essay Example | Topics and Well Written Essays - 1250 words

Business situation - Essay Examples in this industries however for the historical eighteen months the bills exchange rate for the companys main office branch in Australia has experienced a steady reduction. This has come with a draw poker of implication on the price of production in Australia branch and thus the ability of the company to compete with emerging- market place producers from Australia production facilities. This news report aims clearly to define this problem or situation for the business and keenly analyze the situation to analyse the implication from planning and organizing perspective. The report will then provide its recommendation in a number of a step-by-step action plan that the CEO of the company should take.The world market today is a global village (Cadle & Eva, 2014). This means every business in its planning today faces a lot of constraints that must be incorporated in these ventures. Some of these problem comes with differences in price of a coin of the mother firms state of matter and those of other countries with it has business relations. Exchange rate is defined as the cost or worth of one currency as compared to other currencies (Cadle & Eva, 2014). This price can any rise or reduce depending on the prevailing economic atmosphere in the country. A snuff it or reduction in exchange rate in a country is mostly referred to as depreciation or devaluation depending on the kind of exchange rate system adopted by the country in which the business is established (Cadle & Eva, 2014). Reduction in currency exchange rate, therefore, makes the currency of the country in question lower in value as compared to currencies of other countries. A decrease in currency exchange rate, therefore, will mean that the countys export becomes cheap in a global market as compared to imports of the same country from other countries (Cadle & Eva, 2014).Bronxe Yachtstm, a privately owned business, has in the recent past faced this interesting problem through their headquarters branch in Australia. The company