Scenario: Just-For-Kids,Inc. Just-For-Kids,Inc. ,Is a Toys and Clothes Manufacturer Based in Vancouver,BC.The

question 41

Multiple Choice

Scenario: Just-for-Kids,Inc.
Just-for-Kids,Inc. ,is a toys and clothes manufacturer based in Vancouver,BC.The company has received an inquiry from an overseas company to do business.Tom Dodd is the owner of the company researching the opportunity and how exchange rates will affect its international business activities.
-Which of the following would best explain to Tom what devaluation in a target market means?

• A)Devaluation increases the price of a country's exports on world markets.
• B)Devaluation reduces the price of imports like those of Just-For-Kids.
• C)Devaluation increases the price of imports like those of Just-For-Kids.
• D)Devaluation prohibits foreign companies from investing in the country.

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Definitions:

Face-To-Face Encounter

Direct interaction between two individuals or parties, typically in a business or service context, to communicate or complete a transaction.

Purchase Decision

The final choice made by a consumer or organization regarding the buying of a product or service after considering options and evaluating alternatives.

Promotional Mix

A blend of marketing tools used to effectively communicate with the target audience and promote a product or service.

Lifestyle Website

An online platform that publishes content related to personal interests, activities, and recommendations, typically aimed at enhancing the quality of life.