To Practice Operational Hedging Is to Shift Production and Procurement

question 83

True/False

To practice operational hedging is to shift production and procurement abroad to match revenues in foreign currency when exchange rate fluctuations are very difficult to predict.

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Definitions:

Operant Conditioning

An educational method in which a behavior's potency is changed through either incentives or disciplinary actions.

Social Learning Theory

A theory that posits that people learn from one another, via observation, imitation, and modeling.

Bandura

Bandura refers to Albert Bandura, a psychologist best known for his work on social learning theory and the concept of self-efficacy, emphasizing the role of observational learning, imitation, and modeling in behavior.

Watson

John B. Watson is known as the father of behaviorism, emphasizing the study of observable and measurable behaviors.