What differences if any exist in BMW’s approach to FX exposure management in North America and Asia?

        There are no major difference in managing FX exposure in North America & Asia. The corporation has invested in US and Asian countries. However company increase it’s purchasing in US dollars especially in North American region (Melville 2017).

Why did BMW decide to consolidate FX risk management globally in its Munich group treasury? What principle are they implementing and what are its advantages for the group?

        Through consolidating risk management globally the corporation can manage the risk more efficiently. In different parts of the world, the factors that cause the risk are different, therefore through this approach the corporation can not only manage the risk more efficiently but also the organization can sustain in the long run.

BMW’s and Western Mining’s pursued to very different strategies to address FX exposure. What are their respective FX risk management strategies? Why did each company 20 choose their respective strategy?

    BMW and WMC implement different strategies because the situation of both the organizations is different. The organization implement those strategies which they consider best for their operations (Sercu 2009).

References of International Financial

Melville, Alan. 2017. International Financial Reporting: A Practical Guide . 6. Pearson Higher Ed.

Sercu, Piet. 2009. International Finance: Theory into Practice. Princeton University Press.