This is necessary in order to lower cost and be competitive. With the new single currency if a company was not to become centralized or to have some sort of organizational standard of centralized distribution it will be hard to succeed.
Overall I look forward to the new currency change to Euros. I feel that the opportunities outweigh the disadvantages. I also am encouraged in that my company has already begun to make such changes as addressed to be a viable, trustworthy competitor in such a vicious competitive environment.
- European Monetary Union
- The Euro
- The Impact of the Euro on Financial Markets and Their Participants
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