According to Lessard-Lorange Model, _____ Is the Spot Exchange Rate

question 39

Multiple Choice

According to Lessard-Lorange model, _____ is the spot exchange rate forecast for the end of the budget period.

• A) projected
• B) initial
• C) ideal
• D) ending

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Definitions:

Meganational Strategy

A corporate strategy that involves operating in multiple countries around the world and coordinating marketing, production, and other business activities on a global scale. (Note: This term is not commonly used and might refer to what is traditionally known as a multinational or global strategy.)

Transnational Strategy

A business strategy that involves operating in several countries while optimizing flexibility and local responsiveness.

Knowledge Flow

The process through which information and expertise are disseminated within and between organizations, teams, or individuals.

Locally Responsive

A strategy where a company adapts its products, services, and business practices to meet the needs and preferences of local markets.