______ is the rate of currency exchange on a particular day. As an international manager the following skills are important except: a.Common sense b.Leadership and innovative capabilities c.Knowledge of how to liaise with persons in countries d.Not having an understanding of culture

______ is the rate of currency exchange on a particular day. As an international manager the following skills are important except: a.Common sense b.Leadership and innovative capabilities c.Knowledge of how to liaise with persons in countries d.Not having an understanding of culture

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Question

______ is the rate of currency exchange on a particular day.

As an international manager the following skills are important except:

a.Common sense

b.Leadership and innovative capabilities

c.Knowledge of how to liaise with persons in countries

d.Not having an understanding of culture

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Step 1: Define Currency exchange.

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Step 2: Explanation of correct answer.

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Step 3: Introduction to International Business.

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Step 4: Explanation of correct answer.

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Step 5: Explanation of incorrect options.

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