The Current Spot Exchange Rate Is $1

question 82

Multiple Choice

The current spot exchange rate is $1.55/€ and the three-month forward rate is $1.50/€.Based on your analysis of the exchange rate,you are confident that the spot exchange rate will be $1.52/€ in three months.Assume that you would like to buy or sell €1,000,000.What actions do you need to take to speculate in the forward market?

• A)Take a long position in a forward contract on €1,000,000 at $1.50/€.
• B)Take a short position in a forward contract on €1,000,000 at $1.50/€.
• C)Buy euro today at the spot rate,sell them forward.
• D)Sell euro today at the spot rate,buy them forward.

Identify and explain the key approaches to organizational behavior, including the dispositional, situational, and interactionist approaches.

Recognize the role of personality characteristics in influencing organizational behavior.

Describe the traits that constitute personality and their influence on individual behavior within organizations.

Explain the importance of the dispositional approach and its perspective on personality in organizational behavior.

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Definitions:

Secondary

Pertains to the second level or stage in a sequence, often referring to education that follows primary or elementary education.

Capitalist Economy

An economic system based on private ownership of the means of production and the creation of goods or services for profit.

Regulation

The establishment of rules by government or other authorities to control or govern conduct within a specific area.

Substantial

Of considerable importance, size, or worth; a term indicating something that is large enough in magnitude or number to merit attention.