Assume a U.S. firm uses a forward contract to hedge all of its translation exposure. Also assume that the firm underestimated what its foreign earnings would be. Assume that the foreign currency depreciated over the year. The firm would generate a translation ____, which would be ____ than the gain generated by the forward contract.

a. loss; smaller
b. loss; larger
c. gain; larger
d. gain; smaller

b. loss; larger

Business

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Which of the following statements concerning power and influence is most likely FALSE?

A. Effective leaders typically take advantage of all their sources of power. cC. Leaders vary in the extent to which they share power with subordinates. D. Effective leaders generally work to increase their various power bases.

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Choose the sentence with the correct punctuation

A) Loss of weight diets are effective if the individual maintains the recommended food plan. B) Loss of weight diets are effective, if the individual maintains the recommended food plan.

Business