Question: What does the term operational hedging describe? A . The situation where a once poor exchange rate has become favorable to the firm. B .
What does the term operational hedging describe?
A The situation where a once poor exchange rate has become favorable to the firm.
B The situation where firms have excess capacity in multiple countries and then shift production levels from location to location
C The situation where labor cost per unit is lower than labor cost per day.
D The situation where the preferred location does not maximize the benefit to the firm.
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