_________ Is the Term Used to Describe Those Functions That

question 239

Multiple Choice

_________ is the term used to describe those functions that a firm can do as well or better than others.It agrees to perform these functions in-house,rather than outsourcing.

• A)Benchmarks
• B)Standard responsibilities
• C)Operational requirements
• D)Core competencies

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Definitions:

Rate Of Inflation

The percentage increase in the price level of goods and services in an economy over a period of time, typically measured annually.

Foreign Currency

A currency used in a country that is not one's own, representing the money of other nations.

Appreciate

Appreciate, in economic terms, refers to an increase in the value of an asset or currency.

Exchange Rate

is the value of one currency for the purpose of conversion to another.