A Small Company Can Deal with Changing Currency Rates by

question 108

Multiple Choice

A small company can deal with changing currency rates by

• A) stating contracts in U.S. dollars as opposed to the foreign 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:

Government

The group of people with the authority to govern a country or state, making and enforcing laws and policies.

Authority

The authority or ability to issue commands, take decisions, and ensure compliance.

Enforce Decisions

The process by which authoritative rulings or policies are implemented and ensured to be followed through by the relevant parties.

Air Quality

The condition of the air within our surroundings, measured by the presence and concentration of pollutants, which can affect human health and the environment.