EZ Lawn Currency Risk (Scenario)

question 71

Multiple Choice

EZ Lawn Currency Risk (Scenario)
The EZ Lawn Corporation manufactures lawn equipment such as lawn mowers, blowers, and trimmers. The lawn equipment is assembled in the U.S. at a facility in Florida, but the firm outsources inputs from a number of countries, each with varying degrees of economic stability. Given the importance of the firm's sourcing activities, EZ Lawn managers are discussing methods that might reduce the currency risk faced by EZ Lawn.
-Which of the following would most likely be an effective currency risk strategy for EZ Lawn management?

• A) increase prices of EZ Lawn products to cover currency issues
• B) decentralize the entire currency management to local managers
• C) use a spot rate for long-term transactions between suppliers
• D) monitor the economic trends of the suppliers' nations

Recognize the historical significance of inventions like the telegraph to the evolution of media.

Identify career opportunities in the communications field, focusing on PR agency specialties.

Comprehend the impact of social media's character limitations on network communication.

Acknowledge the demands of media relations in a 24/7 social media environment.

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Definitions:

Potential Source

An entity or individual that might serve as an origin or supplier of information, resources, or energy.

Ethical Violation

An act that goes against moral principles or established codes of conduct.

Selective Disclosure

The practice of revealing information to certain individuals or groups while keeping it hidden from others.

Deception

The act of misleading or deceiving others by hiding the truth or presenting false information.