Coping with Financial Challenges of Small and Medium-Sized Foreign Trade Enterprises:Strategic Analysis from a Global Perspective
China's small and medium-sized foreign trade companies face many financial management challenges in the wave of globalization.These challenges include exchange rate fluctuations,instability in international trade policies,etc.To cope with these challenges,companies need to strengthen their insights into market trends,optimize supply chain management,and strengthen effective financial planning and control[1].The scientificity and accuracy of financial decisions are also the key to the sustainable growth of enterprises.In the new economic era,enterprises are faced with comprehensive deficiencies in financial management and strategic integration issues,especially in terms of diversification of financing paths and efficient management of accounts receivable.In addition,small and medium-sized foreign trade companies also need to pay attention to exchange rate risk management,liquid asset management,and strengthen internal control and audit mechanisms to maintain competitiveness and sustained growth in the global market[2].
foreign trade enterprisesfinancial managementsmall and medium-sized enterprises