According to a report published by the Citizenship and Immigration Canada, the number of international students in Canada increased by an average of 4.5% between the years 2001 and 2009; 11.5% on average between the years 2009 and 2012, and is set to increase by 11.5% annually, on a moving forward basis (Tamburri 01). Based on the industry analysis that were just presented, it would certainly appear to be a good idea to focus on the market segment (of international students based in Canada) that is on a growth uptrend because that means that the industry and market penetration can still improve significantly as the market size or base increases—translating into higher profitability rates and numbers.
When it comes to business planning, it …show more content…
CISFCES’s developers should capitalize on this if it wants to turn its tough market situation around. Another important point would be the foreign currency exchange rates that would be offered under CISFCES. The only possible options for CISFCES here to actually attract international students who would subscribe to their service would be to follow the pricing or exchange rate model by the National Bank of Canada or go lower than the prevailing …show more content…
Foreign currency is a type of asset that gets traded twenty four hours a day, unlike other assets that only get traded during pre-specified trading hours. This is, in fact, one of the factors that make it highly volatile. Foreign exchange businesses, especially those that hold large volumes of a particular currency are also exposed to foreign exchange risks brought about by rate fluctuations. These fluctuations are often driven by economic and political events, both domestic and
When it comes to business planning, it …show more content…
CISFCES’s developers should capitalize on this if it wants to turn its tough market situation around. Another important point would be the foreign currency exchange rates that would be offered under CISFCES. The only possible options for CISFCES here to actually attract international students who would subscribe to their service would be to follow the pricing or exchange rate model by the National Bank of Canada or go lower than the prevailing …show more content…
Foreign currency is a type of asset that gets traded twenty four hours a day, unlike other assets that only get traded during pre-specified trading hours. This is, in fact, one of the factors that make it highly volatile. Foreign exchange businesses, especially those that hold large volumes of a particular currency are also exposed to foreign exchange risks brought about by rate fluctuations. These fluctuations are often driven by economic and political events, both domestic and