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Lampon Co. is a U.S. firm that has a subsidiary in Hong Kong that produces light fixtures and sells them to Japan, denominated in Japanese yen. Its subsidiary pays all of its expenses, including the cost of goods sold, in U.S. dollars. The Hong Kong dollar is pegged to the U.S. dollar. If the Japanese yen appreciates against the U.S. dollar, the Hong Kong subsidiary's revenue will ____, and its expenses will ____.
Empowerment
The process of giving individuals or groups the power, authority, and confidence to control their own lives and make decisions.
Free-Rein Leader
A leadership style where employees are given significant autonomy and decision-making power, with minimal direct supervision.
Supervising
The act of overseeing and guiding the work and performance of others, typically in a professional setting.
Creativity
The ability to generate or recognize ideas, alternatives, or possibilities that may be useful in solving problems, communicating with others, and entertaining ourselves and others.
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