Suppose the Inflation Rate Over the Last 20 Years Has

question 15

Multiple Choice

Suppose the inflation rate over the last 20 years has been 10 per cent in SA, 7 per cent in Japan, and 3 per cent in the USA.If purchasing power parity holds, which of the following statements is true? Over this period,

• A)the value of the dollar should have fallen compared to the value of the rand and the yen.
• B)None of these answers.
• C)the yen should have fallen in value compared to the rand and risen compared to the dollar.
• D)the value of the rand should have risen compared to the value of the yen and the dollar.
• E)the yen should have risen in value compared to the rand and fallen compared to the dollar.

Understand the stages and focus areas of crisis communication.

Recognize the strategies organizations use in responding to crises, including apology and compensation.

Assess the effectiveness of crisis plans through postcrisis review.

Understand how organizations can avoid PR disasters through transparency and swift action.

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Definitions:

Physical Flow

The movement and management of materials and products from procurement through production and delivery to customers.

Inventory

The goods and materials that a business holds for the ultimate goal of resale, representing one of the most important assets for companies dealing with physical products.

FIFO

"First In, First Out," a stock valuation approach where the earliest acquired or manufactured items are the first to be sold or utilized.