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Discuss the pros and cons of a MNC having a centralized cash manager handle all investment...

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Finance

Discuss the pros and cons of a MNC having a centralized cashmanager handle all investment and borrowing for all affiliates ofthe MNC versus each affiliate having a local manager who performsthe cash management activities of the affiliate.

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If the cash management is Centralized then disbursement of cash among all the branches becomes a big issue as all the branches would be overly dependent on the Central Unit for all their cash needs On account of    See Answer
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