A Company Knows It Will Have to Pay a Certain

question 8

Multiple Choice

A company knows it will have to pay a certain amount of a foreign currency to one of its suppliers in the future.Which of the following is true

• A) A forward contract can be used to lock in the exchange rate
• B) A forward contract will always give a better outcome than an option
• C) An option will always give a better outcome than a forward contract
• D) An option can be used to lock in the exchange rate

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Definitions:

Customer Advocacy

It involves promoting and selling products or services through dedicated customers who voluntarily advocate on behalf of the brand.

Team Selling

Sales approach in which the sales representative organizes experts from across the extended firm to support new-customer acquisition and ongoing customer relationship management.

Sales Management

The process of planning, directing, and controlling the sales activities of an organization to achieve sales objectives and contribute to the company's profitability.

AI

Artificial Intelligence, the simulation of human intelligence processes by machines, especially computer systems, involving learning, reasoning, and self-correction.