GENERAL KNOWLEDGE

GK

BUSINESS MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Foreign Exchange
A
exchange of one currency for another; conversion of one currency into another
B
investor purchases large part of a company; has direct control of company
C
investor purchases part of a company through stocks; no real control of company
D
when a company sells goods and services at a lower price than its competitors and still gains larger profits
E
when a business creates the efficient production of a specific product or service
Explanation: 

Detailed explanation-1: -Foreign exchange, also known as forex, is the conversion of one country’s currency into another. The value of any particular currency is determined by market forces related to trade, investment, tourism, and geopolitical risk.

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