Which of the Following Handles the Majority of All Foreign-Exchange

question 52

Multiple Choice

Which of the following handles the majority of all foreign-exchange activities?

• A)multinational enterprises
• B)commodities exchanges
• C)commercial banks
• D)regional banks

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Definitions:

Organizing Process

The method of arranging resources and tasks to achieve an organization's goals efficiently and effectively.

Management Hierarchy

The arrangement of individuals within an organization according to power, status, and job functions, creating a structured chain of command.

Supervisors

Individuals within an organization responsible for overseeing the work of others and ensuring tasks are completed effectively.

Line Organization

Organizational structure that establishes a direct flow of authority from the chief executive to subordinates.