Help Is Needed ASAP
Hi,
Please help me! I need to know is these is the correct answer for these questions. Thanks for your help!
Some countries try to hold the value of their currency within some range against an important reference currency. This is referred to as what?
a. A dirty-float system.
b. A contaminated float system.
c. A pegged-float system.
d. A fixed-variable system.
I choose C.
What are the two basic strategies for improving a firm's
profitability?
a. Differentiation strategy and low-cost strategy.
b. Premier strategy and generic strategy.
c. High-cost strategy and low-cost strategy.
d. Comparison strategy and low-cost strategy.
I choose C.
Which function of a firm can help create value through brand positioning and advertising?
a. Marketing and sales.
b. Production.
c. Research and development.
d. Human resources.
I choose A.
When making basic entry decisions, the benefit-cost-risk trade-off is likely to be most favorable in what type of country?
a. A large country.
b. A country with a free-market system.
c. A country that is politically unstable.
d. A communist country.
I choose D.
An expatriate manager is a citizen of one country who works abroad in one of the companys subsidiaries.
True
False
I choose True.
Which of the following is NOT a major task of the human resource function?
a. Staffing policy.
b. Marketing analysis.
c. Management training.
d. Performance appraisal.
I choose B.
For the first question, "Some countries try to hold the value of their currency within some range against an important reference currency. This is referred to as what?", you provided the answer C, which is correct. This is known as a pegged-float system.
To verify this, you can look up information on different currency systems used by countries. Look for terms like "currency peg" or "pegged exchange rate." By reading explanations and examples, you can understand that a pegged-float system refers to a country's attempt to maintain a specific exchange rate against a reference currency.
For the second question, "What are the two basic strategies for improving a firm's profitability?", you chose C, which is incorrect. The correct answer is A, differentiation strategy and low-cost strategy.
To find this answer, you can study and familiarize yourself with different business strategies. Look for information on profitability strategies or competitive advantage strategies. By understanding the concepts of differentiation and low-cost strategies, you will recognize that these two are commonly mentioned as ways to improve a firm's profitability.
For the third question, "Which function of a firm can help create value through brand positioning and advertising?", you chose A, which is correct. Marketing and sales is the function responsible for brand positioning and advertising.
To confirm this, you can read about the functions and roles of different departments within a company. Look for information on the marketing department or marketing function. Through this research, you will understand that marketing and sales play a crucial role in creating value through brand positioning and advertising.
For the fourth question, "When making basic entry decisions, the benefit-cost-risk trade-off is likely to be most favorable in what type of country?", you chose D, which is incorrect. The correct answer is B, a country with a free-market system.
To find this answer, you can study the different types of economic systems and entry strategies. Look for information on countries with free-market systems and how they affect business operations. By understanding the benefits and risks associated with different economic systems, you will recognize that a free-market system generally offers favorable benefit-cost-risk trade-offs for entry decisions.
For the fifth question, "An expatriate manager is a citizen of one country who works abroad in one of the company's subsidiaries. True or False?", you chose True, which is correct. An expatriate manager is indeed a citizen of one country who works abroad in one of the company's subsidiaries.
To verify this, you can read about the definition of an expatriate manager in organizational management literature or human resource management resources. By understanding the concept of an expatriate, you will recognize that it refers to individuals who work outside their home country in a foreign subsidiary.
For the last question, "Which of the following is NOT a major task of the human resource function?", you chose B, which is correct. Marketing analysis is not a major task of the human resource function.
To confirm this, you can research the major tasks and responsibilities of the human resource function within organizations. By studying human resource management literature, you will find that staffing policy, management training, and performance appraisal are commonly recognized as major tasks, but marketing analysis is not typically associated with the human resource function.