Currency Crisis

Scenario: U.S.-based Delta Industries, Inc. manufactures steel axles for all types of vehicles in its plants in Brazil, Mexico, Malaysia, Thailand, and Korea. To run these plants, the company sources labor and raw material locally from these countries.

Your Task: Cite how a currency crisis within world financial markets in the past 10 years affected Delta's global operations. Recommend some measures that Delta might employ to prevent this from happening again in the future.

 Create an executive summary for Delta's Board of Directors, analyzing how the currency crisis threatens the firm's global operations and measures to prevent this.