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Sigma IncIs Designed on the Basis of the Company's Business Activities

question 91

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Sigma Inc.is designed on the basis of the company's business activities such as production, finance, and marketing.Foreign operations at Sigma are integrated into the activities and responsibilities of each division to achieve economies of scale and operative specialization.In other words, Sigma has a(n) ________.

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Definitions:

Euro

The Euro is the official currency of the Eurozone, used by 19 of the 27 European Union countries.

Real Exchange Rate

The rate at which two currencies can be exchanged after adjusting for their differing levels of inflation.

Foreign Goods

Products or services that are produced in other countries and then imported into one's own country for consumption or use.

Central Bank

An institution that manages a state's currency, money supply, and interest rates, overseeing the commercial banking system of its country.

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