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1. Manage your cash and understand why you need liquid assets. 2. Automate your savings. 3. Choose from among the different types of financial institutions that provides cash management services. 4. Compare the various cash management alternatives. 5. Compare rates on the different liquid investment alternatives. 6.
Study with Quizlet and memorize flashcards containing terms like Ethics, Business Ethics, 3 layers of business ethics a.) Basic Values (3) and more.
Study with Quizlet and memorize flashcards containing terms like Cash is the only kind of liquid asset. True False, Cash management helps in personal financial planning. True False, Extremely low interest rates favor investors and boost the incentive to save True False and more.
Business managers don’t need to study ethics in order to know how to treat employees, shareowners, and customers. Business and ethics simply don’t mix. In the final analysis, self-interest represented by profit overrides the interests of employees, customers, and communities.
Liquid assets allow you to cover unplanned expenses without having to interrupt your long-term investments or liquidate any tangible assets.
Jun 27, 2024 · A liquid asset is an asset that can easily be converted into cash within a short amount of time. Liquid assets generally tend to have liquid markets with high levels of demand and security.
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Introducing business ethics. Business ethics is not a real concept as the rules and ethics of everyday life don't apply to the world of business. Business Ethics is the study of business situations, activities and decisions where issues of right and wrong are addressed.