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Johnson, Inc., a U.S.-based MNC, will need 10 million Thai baht on August 1. It is now May 1. Johnson has negotiated a non-deliverable forward contract with its bank. The reference rate is the baht's closing exchange rate (in $) quoted by Thailand's central bank in 90 days. The baht's spot rate today is $.02. If the rate quoted by Thailand's central bank on August 1 is $.022, Johnson will ________ $__________.
A) pay; 20,000
B) be paid; 20,000
C) pay; 2,000
D) be paid; 2,000
E) none of the above
Organizational culture serves what purpose in organizations?
Games4U makes video games on CDs at its Old Town plant. The plant produces 800 games each day, and employs 100 workers that work 8 hours each day. They use the following resources
What is logical process modelling? What is physical modelling?
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Develop a system approach to performance appraisal that combines a group of appraisers, various times for appraisal, and a variety of instruments. Identify when each element would
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The Algarve is in what country
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Explain tech theme for smartphones. Give some examples
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