A(n)________ Is a Formal Series of Global Alliances That One

question 27

Multiple Choice

A(n) ________ is a formal series of global alliances that one or several organizations create with suppliers, manufacturers, and distributors to produce and market a product.

• A)boundaryless organization
• B)business-to-business (B2B)network structure
• C)enterprise resource planning (ERP)system
• D)expert system
• E)business-to-business (B2B)marketplace

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Definitions:

Unbiased Forward Rate

An estimate of future spot interest rates implied by current interest rates, under the assumption that the forward rates are an unbiased predictor of future spot rates.

Future Spot Rate

The anticipated price of an asset at a future date in a spot transaction, which involves the immediate settlement of the transaction.

Spot Rate

The present market value at which a specific currency can be purchased or exchanged for instant delivery.

Interest Rate Parity

A theory stating that the difference in interest rates between two countries is equal to the difference between the forward exchange rate and the spot exchange rate.