Briefly explain how changes in currency exchange rates can affect a multinational company's pricing strategies
What will be an ideal response?
Marketers have no control over how exchange rates fluctuate on the global capital market. Because fluctuations in currency exchange can have the effect of raising or lowering a product's price overnight, they can present great pricing opportunities and risks.
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The strategic profit model decomposes ROA into two components
A. net sales and average organizational turnover. B. gross sales and average employee productivity. C. operating profit margin percentage and asset turnover. D. average number of employees and average productivity. E. total number of employees and total sales volume.
Process costing typically uses only one Work in Process Inventory account, while job order costing typically uses a separate Work in Process Inventory account for each department.
Answer the following statement true (T) or false (F)
The purpose of the processing element of integrated systems is to
A. Prepare data for processing within the system. B. Transform input into desired output. C. Prepare usable reports for managers. D. Make recommendations to management.
As interest rates rise, bond prices
A) rise. B) are unaffected; they may rise or fall. C) are readjusted by their issuers to maintain constant coupon rates. D) fall.