GEB 3375 -Exam 2 UCF 2024/2025 Questions and Answers with complete solution

____________ is a means of adjusting the exchange rates for two currencies so the currencies have equivalent purchasing power. A. purchasing power parity B. purchasing power exchanging C. purchasing power equality D. parity of purchasing power - Answer-A _____________ only measures the market value of goods and services produced within a nation. A. GNI B. GDP C. GPS D. GEB - Answer-B _____________ refers to the process that determines how a company should be organized to ensure its worldwide business activities are integrated in an efficient an effective manner. A. organizational design B. organizational structure C. organizational culture D. organizational international plan - Answer-A _____________ relies on decisions made by judges in previous cases along with statutes and regulations made by legislatures. A. civil law B. common lawC. religious law D. social law - Answer-B ______________ create value for which customers are willing to pay, are rare, are difficult to imitate or substitute for. A. core competencies B. valuable employees C. customer service D. all of the above - Answer-A