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CoreSol Ltd. ,gives one manager in each of three departments (marketing,engineering,and production) the responsibility of coordinating with each other to brainstorm new product ideas.The department managers can increase coordination by establishing:
Balance of Payments
is a record of all financial transactions made between consumers, businesses, and the government in one country with those in other countries over a specific period.
Government Securities
Government securities are investment products issued by the government to finance its expenditures, offering a return to the investors.
Devaluation
The reduction of the value of a country's currency relative to other currencies, often by the government's decision, affecting international trade and economic balance.
Currency's Value
The worth of a country's currency in terms of the amount of goods or services that one unit of the currency can buy.
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