Use the Following to Answer Questions

question 344

Multiple Choice

Use the following to answer questions:
A car costs $30 000 in Canada and the exchange rate is $1 = £0.50.The same car costs £12 000 in Britain.
-(Scenario: Purchasing Power Parity) Refer To Scenario: Purchasing Power Parity.What is the purchasing power parity of the pound?

• A) $5
• B) $2.50
• C) $1.25
• D) $0.80

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Definitions:

Future Human Resource

Anticipating and planning for the evolving needs, challenges, and technologies in managing an organization's workforce effectively in the future.

Knowledgeable

Describing someone who possesses a thorough or deep understanding of a particular subject or subjects.

Human Resource Planning

The process of forecasting an organization's future demands for and supply of the right type of people in the right number.

Small Firms

Companies or businesses with a limited number of employees and a smaller footprint in their respective markets, often characterized by more flexible operations and less formal structures compared to larger corporations.