Consider the Following Statements About Companies That Are Involved with International

question 28

Multiple Choice

Consider the following statements about companies that are involved with international operations:
I. Budgeting for these firms is often very involved because of fluctuating values in foreign currencies.
II. Multinational firms may encounter hyperinflationary economies.
III. Such organizations often face changing laws and political climates that affect business activity.
Which of the above statements is (are) true?

• A) I only.
• B) III only.
• C) I and II.
• D) II and III.
• E) I, II, and III.

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Definitions:

Classical Conditioning

A training mechanism in which two stimuli are frequently paired together; over time, the response that was originally caused by the second stimulus is elicited by the first stimulus.

Unconditioned Response

A reflexive, instinctual reaction to an unconditioned stimulus, not learned through previous experience.

Conditioned Response

A learned reaction to a conditioned stimulus that occurs because of previous conditioning, an essential concept in classical conditioning theories.

Unconditioned Stimulus

A stimulus that naturally and automatically triggers a response without any prior learning.