Why might it be hard to quantify currency risk in a target zone system or a pegged exchange rate system?

What will be an ideal response?


If the peg or target zone holds for a long time, historical volatility appears to be zero or very limited, but this may not accurately reflect underlying tensions that may ultimately result in a devaluation or revaluation of the currency. Hence, the true currency risk does not show up in day-to-day fluctuations of the exchange rate. It is hard to quantify this "latent volatility."

Business

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Résumés and curriculum vitaes, or CVs, are essentially the same, except

A) CVs are more detailed and include personal information. B) résumés are longer and list all past experiences. C) personal information should never be on a CV, but can be on a résumé. D) résumés use only months and years as dates, CVs use exact dates. E) CVs start with general information and become more detailed, résumés start with detailed information that becomes more general.

Business

Answer the following statements true (T) or false (F)

1. A major advantage of mystery shoppers is the relatively large sample on which reports are based. 2. Mystery shoppers are inexpensive and a useful tool. 3. To try to encourage feedback, some companies offer coupons and prizes. 4. Mystery shoppers are always trained observers who sporadically sample the service and its delivery.

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Expert power is when channel members adopt an approach of utilizing their unique competencies to influence others in the channel.

Answer the following statement true (T) or false (F)

Business

Grouping many items together in a printed piece or an online store is referred to as

A. category management. B. catalog marketing. C. scrambled merchandising. D. mass merchandising. E. fast fashion.

Business