In 2014,global Revenue for IBM Was $2 Billion Lower When

question 29

Multiple Choice

In 2014,global revenue for IBM was $2 billion lower when measured in dollars than when measured in local currencies.The reason for this discrepancy is the value of the

• A)euro decreased relative to the British pound.
• B)British pound increased relative to the U.S.dollar.
• C)U.S.dollar increased relative to most other currencies.
• D)U.S.dollar decreased relative to the Japanese yen.

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Definitions:

Intrigued Pavlov

Refers to Ivan Pavlov, a Russian physiologist known for his work in classical conditioning, which demonstrated how certain stimuli can trigger conditioned responses.

Salivate

The process of producing saliva in the mouth, often in response to the sight, smell, or thought of food.

Physiologist

A scientist who studies the normal functions and mechanisms of living organisms and their parts.

Classical Conditioning

A teaching technique that pairs two stimuli together repeatedly, so that a response initially elicited by the second stimulus is later elicited by the first stimulus alone.