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  1. 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.

  2. Study with Quizlet and memorize flashcards containing terms like Ethics, Business Ethics, 3 layers of business ethics a.) Basic Values (3) and more.

  3. Liquid assets allow you to invest your money, while still keeping it available to pay bills or to cover an emergency. Although liquid asset investments are low risk and provide you with emergency funds, they don't provide you with a very good return.

  4. Which of the following statements is decisive in determining whether or not to study business ethics? A) Business managers don’t need to study ethics in order to know how to treat employees, shareowners, and customers.

  5. When you have studied this lesson you should: • be able to define liquidity, cash assets and liquid assets. • understand the basic objectives of liquidity management. • have a sense of some practical liquidity issues facing microfinance institutions. Pre-Test.

  6. At the end of this lesson you should: be able to distinguish between strategic, operational and short-term tactical planning. understand how liquidity planning is connected to all levels of the planning process. understand the distinction between the source of liquidity requirements and active liquidity management.

  7. 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.