Which of the Following Is Not an Instrument Used by U.S.-Based

question 29

Multiple Choice

Which of the following is not an instrument used by U.S.-based MNCs to cover their foreign currency positions?

• A)forward contracts
• B)futures contracts
• C)non-deliverable forward contracts
• D)options
• E)all of the above are instruments used to cover foreign currency positions.

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Definitions:

Sales Management

Involves the planning, direction, and control of personal selling activities, including recruiting, selecting, training, motivating, compensating, and evaluating, as they apply to the sales force.

Personal Selling Activities

Direct interaction between sales representatives and potential customers to persuade the customer to make a purchase.

Salesperson Traits

Characteristics or qualities that are typically found in successful sales professionals, such as persuasion, communication skills, and resilience.

Financial Compensation

Monetary payment provided to employees for their labor or to individuals as reparation for loss or injury.