Concerning foreign exchange trading, bank purchases from and sales to their customers are classified as retail transactions when the amount involved
a. is less than 100,000 units of currency.
b. is less than 500,000 units of currency.
c. is less than 1 million units of currency.
d. is greater than 1 million units of currency.
c. is less than 1 million units of currency.
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Define sensory marketing and identify at least one consideration for each of the five senses
What will be an ideal response?
In the EOQ model, if quantity discounts are offered, buying a larger quantity just because of the lower per-unit purchase price ______.
A. might not result in the minimum total annual cost because the holding costs are likely to increase B. will result in the minimum total annual cost C. might not result in the minimum total annual cost because the ordering costs are likely to increase D. will result in the highest total annual cost
Suppose one year ago, Hein Company had inventory in Britain valued at 240,000 pounds. The exchange rate for dollars to pounds was 1£ = 2.00 U.S. dollars. This year the exchange rate is 1£ = 1.82 U.S. dollars. The inventory in Britain is still valued at 240,000 pounds. What is the U.S. dollar gain or loss in inventory value as a result of the change in exchange rates?
A. -$43,200.00 B. -$48,816.00 C. -$36,288.00 D. -$50,544.00 E. -$32,400.00
When used in relation to the agency relationship, the master
A. retains some control over his or her servant (employee). B. gives his or her servant (employee) full discretion to act on the master’s behalf. C. hires the employee for a specific task for which the master is not responsible. D. is not liable for any actions taken on his or her behalf by the servant (employee).