Managing multinational operations Essay Example | Topics and Well Written Essays - 500 words

Managing multinational operations - Essay ExampleAcmes first business assumption is that they will have subsidiaries in South the States and Asia. Within this context of understanding, all(prenominal) the banks analyzed have South the Statesn and Asian locations, with HSBC have more diversified locations in these areas than either Bank of America or Citibank. Acme also has the specified need of local lending sources for operating cash. In these regards, HSBC presents the most local subsidiaries for access to lending cash. Acmes next assumption is the need to centralize cash management. In these regards, all banks offer centralization opportunities. Acme has also specified the need for short investment funds vehicles for excess cash balances.All banks contain investment vehicles, but its clear that Citibanks investment model is based for life-term retirement interests rather than short options. Conversely, both HSBC and Bank of America provide short-term and international investmen t options. While Bank of America has a self-directed investment program its clear that the impetus must come from the client to seek out international investments. HSBC is different than Bank of America in that it offers and promotes a number of short-term and multinational investment opportunities. In these regards, HSBC is the most effective short-term investment vehicle for Acme. In terms of access to foreign markets and forward market services, all banks offer a version of these needs. Still, its clear that Bank of America and HSBC offer the best options. In these regards, the decision is based on a soft assumption, as both banks offer equal access to foreign exchanges. All of the banks analyzed offer currency exchange options, which will allow the organization to manufacture bills in both local and other currencies.While both Bank of America and HBSC satisfy the future assumptions of Acme Corporation, its clear that HBSC would be the superior option. The primary reason for