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When manufacturing computer software,suppose that Microsoft Inc.uses labor and materials whose costs are denominated in dollars and francs respectively.If the dollar's exchange value depreciates 10 percent against the franc,the franc-denominated cost of the firm's software falls by 10 percent.
Roles
Roles refer to the expected behaviors, duties, and responsibilities associated with a particular social position or status within a group or society.
Norms
Shared standards of acceptable behavior within a society or group.
Decision Process
The cognitive process involved in choosing between different alternatives or developing strategies to address a problem or achieve a goal.
Taking Responsibility
The act of acknowledging and accepting the choices one has made, the actions one has taken, and the results they have led to.
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