What is an Electronic Funds Transfer (EFT)?

What will be an ideal response?


An electronic funds transfer is the transfer of money by electronic means.

Business

You might also like to view...

In terms of value-chain analysis, a telephone operating company would find that negotiating and maintaining ongoing relations with regulatory bodies are important activities for achieving

A. competitive advantage. B. better employees. C. customer awareness. D. inbound logistics.

Business

In the year 2000 presidential election,

a. George W. Bush won the electoral vote because he won the popular vote. b. George W. Bush won the electoral vote after the U.S. Supreme Court stopped a Florida recount that had been ordered by the Florida Supreme Court. c. George W. Bush won the popular vote after the U.S. Supreme Court refused to rule on a challenge brought by Albert Gore regarding vote counting in New York. d. Although Albert Gore won the electoral vote, George W. Bush was declared president because he won the popular vote.

Business

Ignoring demand is the major weakness of average-cost pricing.

Answer the following statement true (T) or false (F)

Business

The stages of the business buying decision process, in order, are

A. recognizing the problem, establishing product specifications, searching for products and evaluating possible suppliers, selecting suppliers and products, and evaluating performance. B. recognizing the problem, searching for products and evaluating possible suppliers, selecting suppliers and products, establishing product specifications, and evaluating performance. C. recognizing the problem, selecting suppliers and products, evaluating performance, establishing product specifications, and searching for substitute products. D. establishing product specifications, recognizing the problem, searching for products, evaluating possible products and suppliers, selecting suppliers and products, and evaluating performance. E. establishing product specifications, searching for products, selecting suppliers and products, evaluating performance, recognizing the problem, and evaluating possible products and suppliers.

Business