Changes in the Exchange Rates Can Have Major Implications for the Profitability

question 186

True/False

Changes in the exchange rates can have major implications for the profitability of international operations.

---

Definitions:

Intranets

Private networks used within an organization, designed to facilitate information sharing, collaboration, and communication among employees.

Computer Systems

Electronic systems that process, store, and communicate data, consisting of hardware (physical components) and software (programs and applications).

Operational Effectiveness

The ability of an organization to perform activities efficiently and effectively, maximizing the value of resources used.

Electronic Commerce

The buying and selling of goods or services using the internet, and the transfer of money and data to execute these transactions.