_____ Is Any Item, Whether Sea Shells or Gold, That

question 45

Multiple Choice

_____ is any item, whether sea shells or gold, that serves as a medium of exchange.

• A) Money
• B) The gold standard
• C) Barter
• D) Stored value

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Definitions:

Foreign Market

A market outside of a company's home country where it can sell its products or services.

Top Management

The highest-level executives in a company, responsible for setting strategy, direction, and leading the organization.

Material Resources

Physical tangibles that are used in the production or functioning of an organization, like raw materials, buildings, machinery, and equipment.

Formal Structure

The officially designated arrangement of roles and procedures within an organization.