THE MULTINATIONAL FINANCE FUNCTION

THE MULTINATIONAL FINANCE FUNCTION
X»J arlo De Benedetti took over as CEO of Olivetti in 1978, and turned the company, known primarily as a typewriter company, into the leading European-based office-automation company and one of the largest manufacturers of IBM-compatible computers. De Benedetti's aggressive strategy thrust Olivetti into the international marketplace and forced management to reexamine its exposure to foreign-exchange risk and determine whether or not the policies and procedures designed to protect against risk were adequate in light of its new international strategy.

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