When the Value of the British Pound Changes from $1

question 6

Multiple Choice

When the value of the British pound changes from $1.50 to $1.25,the pound has ________ and the dollar has ________.

• A) appreciated; appreciated
• B) depreciated; appreciated
• C) appreciated; depreciated
• D) depreciated; depreciated

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Definitions:

Scanning

The act of analyzing the internal and external environments of an organization to identify trends, opportunities, and threats.

Managed Electronically

The process of organizing, controlling, or conducting operations using digital technology and electronic devices.

Environmental Scan

An analysis method that examines the internal and external environments of an organization to identify opportunities and threats.

External Environment

The external factors, including economic, legal, political, social, technological, and competitive elements, that influence an organization's operations.