Business Studies · Corporate Treasury Management
Which of the following is generally considered a decentralised treasury function advantage rather than a benefit of a centralised treasury department?
- 1Avoidance of duplicated treasury skills throughout the group companies.
- 2Bulk borrowing arrangements at keener interest rates.
- 3Effective foreign currency risk management based on total group exposure.
- 4Greater sensitivity and faster response of local operating units to local developments.✓
Correct answer
Greater sensitivity and faster response of local operating units to local developments.
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