Some Companies Create Separate Web Sites for Each Country in Which

question 5

Multiple Choice

Some companies create separate Web sites for each country in which they do business. This is called _____ of a Web site.

• A)standardization
• B)localization
• C)centralization
• D)generalization

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Definitions:

Forward Market

A financial market in which participants can enter into contracts to buy or sell assets at a specified future date and price.

Spot Market

The Spot Market is a public financial market in which financial instruments or commodities are traded for immediate delivery.

Foreign Currency

The currency of another country, which is required for foreign trade and investment.

Hedge

An investment or action taken to reduce the risk of adverse price movements in an asset.