Describe each of the cash management alternatives discussed in this chapter
What will be an ideal response?
Answer:
a. Demand deposit — a type of checking account on which no interest is paid
b. NOW account — a checking account on which you earn interest on the balance
c. Savings account — a deposit account that pays interest
d. Money market deposit account — a bank account that provides a rate of interest that varies with the current market rate of interest
e. Certificates of deposit — savings alternatives that pay a fixed rate of interest while keeping the funds on deposit for a set period of time that can range from 30 days to several years
f. Money market mutual funds — mutual funds that invest in short-term (generally with a maturity of less than 90 days) notes of very high denomination
g. Asset management account — a comprehensive financial services package offered by a brokerage firm
h. U.S. Treasury Bills or T-Bills — short-term notes of debt issued by the federal government with maturities ranging from 1 month to 12 months
i. Series EE bonds — a type of government security that is actually a loan to the government on which you receive interest. The interest accrues every 6 months but generally the holders let it compound until they redeem the bond.
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Kelstone Developers is planning to build a new shopping mall that would require the partial acquisition of a nearby public park. Walking Green, an environmental group, challenges the plan citing environmental destruction
In response to the demands of Walking Green, Kelstone Developers promises to build a huge park-like walkway around the mall. Walking Green is an example of a(n) ________ in this scenario. A) financial public B) government public C) citizen-action public D) internal public E) media public
Which facility layout is associated with a set assembly line manufacturing?
a. cellular b. process c. fixed-position d. product
The ________ of the value of investment is a measure of risk
Fill in the blank with correct word.
Many international firms are increasing their efforts to market their products and services to countries such as India and China as the ranks of their middle class continue to increase.
Answer the following statement true (T) or false (F)