Exchange Rate Hedging Strategy: “Spending to Save”
Logically, in a context of limited bank credit, rising prices, and exchange rate uncertainty, corporate financing becomes imperative. But where does that leave the end consumer?
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How are companies financed in Venezuela?
In the previous article, “Strategies of Winning Companies,” we highlighted that the explanation for company growth in Venezuela is not attributable to environmental conditions or their economic sector, but to their implementation of strategies. One of these “Winning Strategies” is securing sources of financing.
The 3 Laws of Corporate Stupidity
Carlo M. Cipolla, in his book The Basic Laws of Human Stupidity (1976), delved into the attributes that characterize a “stupid person.”
Strategies of Winning Companies
We have probably heard a friend, family member, or acquaintance say one of these phrases (or some variation of them with a similar meaning) when “things are tough” with their business.