Which of the Below Statements Is FALSE

question 44

Multiple Choice

Which of the below statements is FALSE?

• A) The foreign-exchange market is an over-the-counter market that operates 24 hours a day.
• B) Market participants who want to buy or sell a currency must search different dealers to get the best exchange rate on a specific currency.
• C) Foreign-exchange dealers do not quote one price, but quote an exchange rate at which they are willing to buy a foreign currency and one at which they are willing to sell a foreign currency.
• D) Dealers in the foreign-exchange market are large international banks and other financial institutions that specialize in making markets in foreign exchange with commercial banks playing a small part of this market.

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Definitions:

M-form Design

An organizational structure characterized by a decentralized decision-making process, divided into semi-autonomous divisions each responsible for its own profit and loss.

Organization Design

Organization design involves the creation of the role, processes, and structure of an organization to ensure it can meet its objectives and strategy effectively.

Multinational Corporation

A company that operates in multiple countries, managing production or delivering services in more than one country.

Continuous Training

The ongoing process of providing employees with the necessary skills and knowledge to perform their jobs effectively, adapting to new technologies and changing industry standards.