Purchasing power parity or PPP says the ratios composed of:
a. interest rates explain the direction of exchange rates.
b. growth rates explain the direction of exchange rates.
c. inflation rates explain the direction of exchange rates.
d. services explain the direction exchange rates.
e. public opinion polls explain the direction of exchange rates.
Question 2
Which of the following is a feature of an M-Form organization?
a. divisions have difficulty responding to changes in customer demand
b. it is difficult to maintain customer relationships
c. there is less coordination across the firm's divisions
d. evaluating employees is easier because managers typically are similarly trained
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