Which of the Following Rates Would Be Used to Translate

question 8

Multiple Choice

Which of the following rates would be used to translate the company's sales?

• A) US$1 = CDN$0.815
• B) US$1 = CDN$0.8175
• C) US$1 = CDN$0.825
• D)US$1 = $0.83 CDN

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Definitions:

Commercialization

The process of bringing a new product or service to the market, involving production, pricing, distribution, and marketing strategies.

Place Elements

Components of the marketing mix that focus on distribution channels and methods used to deliver the product to the customer.

Promotion Elements

Various components and methods used in marketing to communicate with the target audience, such as advertising, sales promotions, and publicity.