Probably the Primary Advantage of the Cluster Structure Is Its

question 95

Multiple Choice

Probably the primary advantage of the cluster structure is its

• A) formality.
• B) low stress environment for employees.
• C) checks and balances.
• D) increased job security.
• E) flexibility.

---

Definitions:

Foreign-exchange Reserves

Assets held on reserve by a central bank in foreign currencies, used to back liabilities and influence monetary policy.

Flexible Exchange-rate System

An exchange rate regime in which a currency's value is allowed to fluctuate according to the foreign exchange market.

European Euro

The official currency used in 19 of the 27 European Union countries, known as the Eurozone.

Rate of Exchange

The price of one country's currency expressed in terms of another country's currency, facilitating international trade and investment.