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Which of the following is NOT identified by your authors as a proactive management technique to reduce exposure to foreign exchange risk?
Interpersonal Skills
The ability to communicate, interact, and work effectively with others through understanding and empathy.
Empowerment
The process of granting authority or power to individuals or groups, enabling them to make decisions and take action.
Delegation
The act of assigning responsibility and authority to someone else to complete a task while maintaining accountability for the outcome.
Organizational Strategy
A long-term plan of action designed to achieve a particular goal or set of goals or objectives within an organization.
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