Hello! Your answer would be C. Facilitated the buying and selling of foreign currencies. I just learned about it.
Answer:
Explanation:
According to the given data we have the following:
1 euro=1.11 dollars
1 peso=0.10 dollars
Hence, 11.10 peso=1.11 dollares
So, 1 euro=11.10 peso
Therefore, 1/11.10 euro=1 peso
0.09009 euro=1 peso
The euro-peso rate is 0.09009 euro=1 peso
Answer:
Independent internal verification
Explanation:
Answer:
The correct answer is the option D: path dependence.
Explanation:
To begin with, the concept called as <em>''path dependence''</em> in the field of management and economics, is known for refering to the situation where the past decisions of a person affects the current situation that the person is going through and therefore it is said that the dependence is in the path that the person choose.
To sum up, the scenario illustrated in the case of Iceberg Storage relates to a case of path dependence due to the fact that its managers decided to invested in something that the competitors did not and therefore to take risks knowing that a possible damage can occur in the future, and eventually it did.
Answer:
Explanation:
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