Primary Sources of Supply of British Pounds in the Foreign

question 34

Multiple Choice

Primary sources of supply of British pounds in the foreign exchange market include ____.

• A) British importers who need to convert their pounds into foreign currency to pay for purchases
• B) foreign investors who desire to make investments in physical or financial assets in Great Britain
• C) speculators who expect British pounds to increase in value relative to other currencies
• D) U.S. importers who need to convert dollars to pounds to pay for purchases

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Definitions:

Staffing Process

The series of steps an organization follows to attract, select, train, and retain employees.

Abilities Fit

The degree to which an individual’s capabilities, strengths, and skills align with their job requirements or organizational roles.

Expectancy Theory

A motivational theory suggesting that individuals are motivated to act based on the expected outcome and the value they place on that outcome.

Victor Vroom

A renowned management theorist known for his work on expectancy theory which explains how individuals choose behaviors based on expected outcomes.