Which One of the Following Management Techniques Is Likely to Best

question 9

Multiple Choice

Which one of the following management techniques is likely to best offset the risk of long-run exposure to receivables denominated in a particular foreign currency?

• A) borrow money in the foreign currency in question
• B) lend money in the foreign currency in question
• C) increase sales to that country
• D) increase sales in this country

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Definitions:

Ethically Bound

Obligation to adhere to a set of moral principles and standards of behavior, particularly in professional settings.

Eyewitness Testimony

Evidence given by a person who has witnessed an event or crime, regarding their observations.

Legal System

The system of rules and guidelines, usually enforced through a set of institutions, used to govern a community, society, or country.

Confidence

The feeling of self-assurance arising from an appreciation of one's own abilities or qualities.