of diamonds and fine jewelry may not choose to shop online because online distribution channel has a lot of inconvenience itself. For example, consumers want to physically handle and examine products, especially when they buy luxury products such as diamonds. Also, they concern about the security of online transactions and the privacy of personal information. They have to wait until the product i
of countermeasure the company needs to have.
3-2. Transaction Exposure
Transaction exposure is a type offoreign exchange risk faced by companies that engage in
international trade. It is the risk that exchange rate fluctuations will change the value of a contract
before it is settled. Transaction exposure is also called transaction risk.
Briefly, Transaction
the property and stock markets will likely remain limited. Strong demand in the property market naturally puts pressure on prices accentuated by the effects ofthe restrictive policy pursued by the government in 2007-2008, which delayed, even froze many projects and thus slowed the growth of supply. Furthermore, the demographic trend, urbanization, and middle class aspirations for more modern hou
The core applications ofthe existing IT environment are transaction-orientated banking systems in which customer accounts and contracts can be managed. These systems isolated the various customer-specific data from each other making an integral view much more difficult.
The Solution
This customer-orientated IT architecture requirement was met with the implementtation of SAP® CRM for a sta
the instrument is included in level 2. If one or more ofthe significant inputs is not based on observable market data, the instrument is included in level 3.
3.2. SEC’s mainstream of hedging strategy; Natural hedge
3.2.1. Main reason
SEC’s mainstream of hedging strategy does not focus on currency hedging. This is because oftheir special characteristic ofbusiness structure. Their bus