Competencies Relate Most Closely to Which Element in the MARS

question 18

Multiple Choice

Competencies relate most closely to which element in the MARS model of behaviour and performance?

• A)Motivation
• B)Situational factors
• C)Role perceptions
• D)Ability
• E)Competencies are not related at all to any element of the MARS model

Understand the impact of national income fluctuations on currency exchange rates.

Comprehend the effect of foreign investments and tourism on currency values.

Know the differences between fixed and flexible exchange rate systems and their advantages and disadvantages.

Understand policy tools available to governments to maintain fixed exchange rates.

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Definitions:

Online Payment Systems

Digital platforms that facilitate the transfer of money between buyers and sellers over the internet.

Electronic Fund Transfer

is the electronic exchange or transfer of money from one account to another, either within a single financial institution or across multiple institutions.

Stored-Value Cards

Prepaid payment cards that have a monetary value stored on them electronically, commonly used for transactions in place of cash.

Smart Cards

Physical cards with embedded integrated circuits that can process information, used for secure transactions and identification.