The balance of payments approach of exchange rate theory is largely dismissed by the academic community today, while the practitioner public still rely on different variations of the theory for their decision making

A drawback to group decision making is _______.

Fill in the blank(s) with the appropriate word(s).

"McDonaldization of culture," a term coined by Geert Hofstede, refers to the wide spread of McDonald's restaurants in the world and its adverse impact on global culture

Indicate whether the statement is true or false