Sarah, a Manager at Farley Enterprises, an MNE with Operations

question 37

Multiple Choice

Sarah, a manager at Farley Enterprises, an MNE with operations in Asia, Europe, and North America, is using past trends in exchange rate movements to spot future trends.Which type of forecasting approach is Sarah most likely using?

• A)fundamental
• B)technical
• C)application
• D)economic

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Definitions:

Psychologists

Professionals who study cognitive, emotional, and social processes and behavior by observing, interpreting, and recording how individuals relate to one another and to their environments.

Self-employed

refers to an individual who works for themselves, rather than for an employer, taking on contracts or running their own business.

Not-for-profit

describes organizations that operate for purposes other than generating profit, focusing instead on fulfilling a mission or addressing a social need.

Prescribe Drugs

The act of a medically qualified individual ordering the use of specific medications for a patient for treatment or prevention of a disease.