Assume a U

question 49

Multiple Choice

Assume a U.S.-based MNC has a Chilean subsidiary that annually remits 30 million Chilean pesos to the United States. If the peso ____, the dollar amount of remitted funds ____.

• A)appreciates; decreases
• B)depreciates; is unaffected
• C)appreciates; is unaffected
• D)depreciates; decreases
• E)B and C

---

Definitions:

Foreign Competition

Foreign competition involves businesses based in one country competing against products or services offered by companies based in other countries.

Supply Chains

Networks of individuals, organizations, resources, activities, and technology involved in the production and delivery of a product or service from supplier to consumer.

Culture

The set of values, guiding beliefs, understandings, and ways of doing things shared by members of a society; exists on two levels.

Symbols and Ceremonies

Elements used within a culture or organization to represent ideas, values, or commemorate important events or achievements.