An Organization Chart ____

question 82

Multiple Choice

An organization chart ____.

• A)depicts rigid systems
• B)only works well in large companies
• C) gives employees information about relationships among departments
• D) is a requirement for companies with more than 50 employees

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Definitions:

Exchange Controls

Restrictions that a government may impose over the quantity of foreign currency demand by its citizens and firms and over the rate of exchange as a way to limit the nation’s quantity of outpayments relative to its quantity of inpayments (in order to eliminate a payments deficit).

Flexible Exchange Rates

Foreign exchange system where the value of currencies is determined by supply and demand in the forex market, without direct government intervention.

Services Trade

The exchange of services between countries, including sectors such as finance, insurance, transport, and tourism.

Goods Trade

The act of buying, selling, or exchanging tangible products between countries or within a country.