Author Question: Wendy's restaurants must decide whether to grow their own potatoes for French fries or buy them. If ... (Read 131 times)

appyboo · **on:** Jun 30, 2018

Wendy's restaurants must decide whether to grow their own potatoes for French fries or buy them. If they buy rather than grow, then they have opted to
a. integrate horizontally
b. allow market prices to guide resource allocation
c. integrate vertically
d. allow hierarchical control to guide resource allocation
e. form an authority relation

Question 2

A floating exchange rate
a. is determined by the national governments involved
b. remains extremely stable over long periods of time
c. is determined by the actions of central banks
d. is allowed to vary only within a narrow range
e. adjusts in response to market forces