Assume That the Income Levels in U

question 15

Multiple Choice

Assume that the income levels in U.K. start to rise, while U.S. income levels remain unchanged. This will place ____ pressure on the value of British pound. Also, assume that U.S. interest rates rise, while the British pound remains unchanged. This will place ____ pressure on the value of British pound.

• A) downward; downward
• B) upward; downward
• C) upward; upward
• D) downward; upward

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Definitions:

SRM

Supplier Relationship Management is the systematic approach of assessing suppliers' contributions and influence on success, determining tactics to maximize suppliers' performance, and developing the strategic approach for executing these decisions.

Supply Network

The interconnected and complex system of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer.

Supply Web

A complex network of suppliers, manufacturers, and distributors working together to produce and deliver products to consumers.

Cycle View

An approach in supply chain management focusing on the processes and activities involved in satisfying customer demand through repetitive patterns.