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.
What does the term operational hedging describe?

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