Which of the Following Is the Most Effective Strategy to Manage

question 355

Multiple Choice

Which of the following is the most effective strategy to manage the risk of foreign exchange losses due to sales to foreign customers?

• A) Hire a risk consultant.
• B) Implement a hedging strategy.
• C) Maintain a large foreign currency balance.
• D) Insist that customers only pay in a stable currency.

---

Definitions:

Demographics

The statistical characteristics of human populations.

Socionics

A theory originating from the late 20th century, aiming to explain human social interactions based on a cognitive structure model.

Ethnographies

Detailed and systematic studies of people and cultures, based on fieldwork and observation, often used in anthropology.

Unprotected Vaginal Sex

Vaginal intercourse without the use of a barrier method, such as a condom, increasing the risk of STI transmission and unintended pregnancy.