In 2005, exchange rates were 1.74 U.S. dollars per British pound, 112 Japanese yen per U.S. dollar, and 1.20 dollars per euro. In 2000, the exchange rates were 1.62 U.S. dollars per British pound, 102 Japanese yen per U.S. dollar, and 0.94 dollars per euro. For each currency, explain whether it appreciated or depreciated from 2000 to 2005 versus the other two currencies.
What will be an ideal response?
The number of dollars per pound increased from 1.62 to 1.74, so the pound appreciated relative to the dollar (and the dollar depreciated relative to the pound). The number of yen per dollar increased from 102 to 112, so the dollar appreciated relative to the yen (and the yen depreciated relative to the dollar). The number of dollars per euro increased from 0.94 to 1.20, so the euro appreciated relative to the dollar (and the dollar depreciated relative to the euro).
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A) product adaptation B) straight product extension C) product invention D) product augmentation E) communication adaptation
The production and marketing emphases of organizations have evolved into what is called a(n) ________
A) corporate culture B) industry code C) organizational hierarchy D) corporate code
A restaurant has received numerous complaints about food being cold (cooked properly, but allowed to cool excessively) when delivered to customers’ tables. How might the restaurant use material flow mapping and analysis to remedy this problem?
What will be an ideal response?
The advantage of additive manufacturing includes supporting:
A) innovative product design. B) ASRS and AGVs. C) information numeric control. D) flexible manufacturing systems (FMS). E) all of the above