A Small Company Can Deal with Changing Currency Rates by

question 68

Multiple Choice

A small company can deal with changing currency rates by

• A)stating contracts in US dollars as opposed to the international currency.
• B)locating all plants in countries with the most advantageous exchange position.
• C)limiting sales in each country so as to reduce exposure to any one currency.
• D)following the advice of the international sales manager.

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Definitions:

Highly Valued

Refers to something that is held in great esteem and considered of significant importance or worth.

Researchers

Individuals or groups engaged in the systematic investigation into and study of materials and sources in order to establish facts and reach new conclusions.

Coercive Leadership

A leadership style that relies on the use of threats and punishment to influence the behavior and performance of team members.

Influence

The power or ability to affect or change how someone or something develops, behaves, or thinks.