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Question Two Cascading Limited is a leading asset management firm in Accra with more than...

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Question Two Cascading Limited is a leading asset management firm in Accra with more than 20% of the industry assets in Ghana. The company's operating profit has increased by an annual rate of 35% in the past five years and the balance sheet currently has a cash balance of USD 10m, thrice the size of industry average. The company plans to enter the Kenyan market and hopes to grow its assets under management by 50% within the next three years. As a consultant for the firm. a. Explain to the directors of the company two sources of competitive advantage that Cascading will have as a multinational company b. Describe two ways in which multinational financial management is different from domestic financial management. c. Explain to the directors the difference between risk tolerance and risk appetite. What's your assessment of the risk appetite and risk tolerance of Cascading Limited? d. Would you advise that the company pursues a joint venture instead of investment-based strategies such as branches and subsidiaries? Support your answer with two reasons

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