Assume That You Manage a Firm That Faces Transaction Exposure

question 47

Multiple Choice

Assume that you manage a firm that faces transaction exposure.Your company manufactures and sells tricycles around the world.You just completed a large sale of tricycles to a chain of stores in Sweden and received a promised payment of 1,000 krona per tricycle.You have already sold 3,000 tricycles and are now awaiting payment.The exchange rate today is 7 krona per dollar.What will be your sales receipt in krona,and what amount of dollars will these kronas convert to at today's exchange rate?

• A)2,000,000 kronas and about 428,571 dollars
• B)3,000,000 kronas and about 300,000 dollars
• C)3,000,000 kronas and about 428,571 dollars
• D)2,000,000 kronas and about 300,000 dollars

Understand different types of conflicts and how they manifest in real-life situations.

Recognize psychological responses to stress and conflict, including coping mechanisms and emotional reactions.

Identify the role of physiological reactions in the fight-or-flight response.

Comprehend the impact of stress on performance, including the concept of optimal arousal.

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Definitions:

Scientific Management

A management theory that analyzes and synthesizes workflows, aiming to improve economic efficiency, especially labor productivity.

Specialized Tasks

Activities that require specific skills or expertise to be accomplished effectively.

Human Relations

The study and management of how people interact in the workplace, aiming to improve job satisfaction, productivity, and interpersonal dynamics.

Organizational Culture

Refers to the shared values, beliefs, attitudes, and practices that characterize an institution or corporation, shaping its environment.