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Only Managers in Financial Firms Have to Worry About Foreign

question 3

True/False

Only managers in financial firms have to worry about foreign exchange issues because non-financial firms are immune to risks of changing currencies.


Definitions:

Twisted-pair

A type of cabling that consists of pairs of insulated wires twisted together, commonly used for telecommunication and network connections.

Cable Medium

A type of physical transmission medium that uses cables, such as coaxial or fiber optic, to transmit data.

Coaxial Cable

A type of electrical cable consisting of a central conductor surrounded by an insulating layer and an outer conducting shield, used for transmitting television, telephone, and internet signals.

High Bandwidth

The ability of a communication system to transmit a large amount of data over a connection in a given amount of time, often associated with high-speed internet access.

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