Of Companies That Will Successfully and Regularly Retain the Risk

question 25

Multiple Choice

Of companies that will successfully and regularly retain the risk of currency fluctuation are those that

• A) are very large traders, sophisticated in international finance.
• B) are exporters or importers that have large exposure.
• C) are ignorant of the risks.
• D) cannot afford major currency fluctuations.
• E) None of the above

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Definitions:

Taylor and Mayo

Refers to the foundational contributions of Frederick W. Taylor and Elton Mayo to the fields of management and organizational theory, focusing on scientific management and human relations, respectively.

Power

The ability or capacity to influence or control the behavior of others or the course of events.

Leadership

“The process of influencing the activities of an organized group in its efforts toward goal setting and goal achievement” (Stogdill, 1950, p. 3).

Mobilization of Bias

The process by which the interests of certain groups are prioritized or favored in society or organizations through the control of norms, agendas, and beliefs.