Select the correct answer.
Victor has started a cupcake store. He wants to target the local market to promote his product. Which promotional strategy will be most suitable as well as economical for him?

A.
public relations
B.
television advertisement
C.
sales promotion
D.
radio advertisement
E.
advertisement on the Internet

You are the cfo of a u.s. firm whose wholly owned subsidiary in mexico manufactures component parts for your u.s. assembly operations. the subsidiary has been financed by bank borrowings in the united states. one of your analysts told you that the mexican peso is expected to depreciate by 30 percent against the dollar on the foreign exchange markets over the next year. what actions, if any, should you take