When in 1985 a British Pound Cost Approximately $1

question 63

Multiple Choice

When in 1985 a British pound cost approximately $1.30,a Shetland sweater that cost 100 British pounds would have cost $130. With a weaker dollar,the same Shetland sweater would have cost

• A)less than $130.
• B)more than $130.
• C)$130,since the exchange rate does not affect the prices that American consumers pay for foreign goods.
• D)$130,since the demand for Shetland sweaters will decrease to prevent an increase in price due to the stronger dollar.

Describe the differences between tax credits and tax deductions and their impact on tax liability.

Understand the necessity and characteristics of an effective code of ethics.

Identify and explain major legal and ethical corporate scandals.

Comprehend the concept of corporate social responsibility (CSR) and its components.

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Definitions:

Subject Line

The title or headline of an email, designed to provide a summary or a reason for the email to encourage the recipient to read it.

AIDA Message

A marketing communication model that stands for Attention, Interest, Desire, and Action, intended to engage consumers and motivate them to act.

Indirect Approach

A communication technique where the main message is not presented directly at the beginning but is instead gradually approached through background information or context.

Carbon Footprint

The total amount of greenhouse gases produced by human activities, expressed as the equivalent amount of carbon dioxide.