Ayear ago, mc hammer company had inventory in britain valued at 240,000 pounds. the exchange rate for dollars to pounds was 1£ = 2 u. s. dollars. this year the exchange rate is 1£ = 1.82 u. s. dollars. the inventory in britain is still valued at 240,000 pounds. what is the gain or loss in inventory value in u. s. dollars as a result of the change in exchange rates? (hint: gain/loss is the difference between total value of last period and current period

When paul o’neill joined alcoa as ceo, he set a , that there would be zero workplace accidents. a lot of people in the organization thought this was impossible given how dangerous some aluminum-manufacturing jobs are, but alcoa’s safety record improved tremendously. as the board of governors of the american red cross considers planning, one option is to make strategic plans and then direct managers to align tactical and operational plans accordingly. another option is to have planning specialists managers across the organization make their own plans. why might this organization’s executives opt for the latter approach? check all that apply. (a) the environment is a dynamic one, and department and frontline managers can come up with more responsive plans than can central leadership. (b)resources will be better coordinated across the organization in support of the overall strategy.(c) senior leadership will have more control over the organization’s direction. (d)when managers come up with their own plans, they are likely to be more committed to following through on them.