Tracy, an Employee of an Online Retailing Firm, Is the Member

question 31

Multiple Choice

Tracy, an employee of an online retailing firm, is the member of the employee engagement committee in her firm and is entrusted with the task of organizing a cultural event. The proceeds of this cultural event will go toward providing free and affordable healthcare to the backward sections of the community. In this scenario, Tracy's firm is fulfilling its ________.

• A)economic responsibilities
• B)philanthropic responsibilities
• C)institutional responsibilities
• D)legal responsibilities

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Definitions:

Foreign Bond

A bond issued in a domestic market by a foreign entity, in the domestic market's currency.

Interest Rate Differential

The difference in interest rates between two distinct economic or financial instruments.

Exchange Rate

The price of one currency in terms of another, crucial in international finance as it determines how much one currency is worth in another.