An entrepreneur is a person who identifies a need that should be addressed and no existing business addresses it and also propose a solution for that need. He takes high risks and in return earns high rewards if everything turns out right.
The 5 entrepreneurial demands are -
Knowledge of personal brand - Having adequate knowledge helps an entrepreneur to make the right decisions and drive the growth of the organization.Be a self-starter and self-reliant - It is vital for an entrepreneur to start something as he might be the first person to do it and may have no references at all. here, he needs to rely on his analysis and business skills. Take on the multiple roles - With an increase in the growth of the organization an entrepreneur's initial role must change into someone who delegates authority and that of a team manager. Building relationships - An entrepreneur might be an originator but he needs to interact with secure resources, engage with potential suppliers and customers, or hire and manage employees. Starting and growing a business involves interaction with many people. The ability to build strong relationships is crucial for survival and growth.Focusing on the business outcomes - Entrepreneurs with high business focus set goals that are vital to their business and that they can measure objectively. This demand is relevant both in the early and established stages of business.Read more about the Role of the Entrepreneur:
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which factor significantly differentiates companies with the least amount of returnee attrition from those with the highest attrition?
The factor that significantly differentiates companies with the least amount of returnee attrition from those with the highest attrition is personal career planning for expatriates. The Option B is correct.
What Is an Attrition in Business?The term "attrition" means the gradual but deliberate reduction in staff numbers that occurs as employees leaves a company and are not replaced. It also describe the downsizing of firm's employee pool by human resources (HR) professionals.
But in this case, the downsizing is voluntary as the employees either resign or retire and aren't replaced by the company.
Missing options "A. Specialized expatriate department B. Personal career planning for expatriates C. Continued cultural training D. Protection from work councils E. Family migration planning"
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managers should be aware that budgets can have which of the following negative effects on employees? (select all that apply.)
Managers should be aware that budgets can have Increase stress ,limit individual freedom negative effects on employees.
Employee empowerment comes from taking part in the budgeting process and taking ownership of their financial performance. According to research, people perform better at work when they have goals they can actually reach. This increases productivity and lowers turnover while also gratifying some of Maslow's higher-order requirements.
A manager's success or failure is judged by the budget, which is a financial plan that forecasts predicted future cash flows into and out of the company. A budget is often created ahead of time, generally a year, but it could also be monthly or quarterly.
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which of the following visualizations shows individual data points that have been categorized into ranges, with the frequency of each range represented by the height of a unique column? 1 point
Histograms can be defined as the best data visualization type to analyze ranges of data according to a specific frequency.
Different types of Data Visualization.
There are many types of data visualization. Common types include scatter plots, line graphs, pie charts and histograms. Histograms are simple bar graph.They are used to visualize various frequency data over a specific time period. They are generally present in vertical format.It includes various strategies include exploration, analysis, synthesis, and presentation.To know more about Data Visualization from the given link
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according to liquidity preference theory, the money-supply curve would shift if the fed a. engaged in open-market transactions. b. changed the discount rate. c. changed the reserve requirement. d. did any of the above.
According to liquidity preference theory, the money-supply curve would shift if the Fed engaged in open-market operations. The Option A is correct.
What does the liquidity preference theory hold?This is an economic model that suggests that an investor should demand a higher interest rate or premium on securities with long-term maturities that carry greater risk because "all other factors being equal", these investors prefer cash or other highly liquid holdings.
In other word, this economic theory suggests that investors demand progressively higher premiums on medium and long-term securities as opposed to short-term securities.
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For incentive pay to motivate employees to contribute to the organization's success, the pay plans must be well designed. Which of the following statements describes a characteristic of a well-designed plan? Performance measures are linked to the organization's goals. Performance measures are to be linked to the individual's goals Employees are given unattainable performance standards. The pay plan takes into account that employees will accept all goals irrespective of their rewards.
Statement describing a characteristic of a well-designed plan is, employees will value the rewards or incentives that are being offered. Correct answer: letter C.
This statement is true, as well-designed plans should include rewards and incentives that are meaningful to employees. Such incentives should be tailored to their individual needs and preferences and should be designed to motivate employees to reach their goals and objectives.
Importance of incentives and rewards for employees in a companyRewards and incentives should be seen as an investment in the employees and should be seen as a way to recognize the hard work and dedication of the staff.
With a well-designed plan, employees will recognize the value of the rewards and incentives that are being offered and will be motivated to work towards their goals.
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The total income generated from freelancing is higher than that of what three industries?.
Explanation:
At nearly $1 trillion, or almost 5% of U.S. GDP, freelance income contributes more to the economy than industries such as construction and transportation and is on par with the information sector.
Yes, it is true that the total income generated from freelancing is higher than that of what three industries: The freelance income contributes (almost 5% of U.S. GDP) , more to the economy than industries such as construction and transportation and the information sector.
What is an industry?An industry refers to a group of enterprises or companies or businesses in the market. An industry provides and services to the customers in the market.
The terms industry and sector are often used interchangeably to describe a group of companies that operate in the same segment of the economy or share a similar business type.
The total income generated from freelancing in the Unites States of America is more to the economy than these three industries such as construction and transportation and the information.
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FILL IN THE BLANK. a firm that competes on a small, specialized segment of the market that demands unique product features is called a ___ broad low-cost leader focused low-cost leader focused differentiator broad differentiator
The following statement "A firm that competes on a small, specialized segment of the market that demands unique product features is called a focused differentiator".
A focused differentiation strategy calls for making special offerings to a select set of customers. The tactic is also known as product specialization, niche differentiation, or marketing to specific markets.
A focused differentiator is a type of business that focuses on creating distinctive products that cater to particular market groups or customers.
A business that is focused on differentiating itself employs the approach of creating distinctive items for a particular market and earning money by pleasing this market. The company uses this strategy to manufacture such distinctive items that set it apart from its competitors.
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What are 3 things to consider when opening a savings account?.
Initial deposit, Minimum balance requirements, and Account fees are three items to think about while creating a savings account.
What is Initial deposit?When opening an account with a financial institution, like a bank or brokerage firm, a minimum deposit, also known as an initial deposit, is the bare minimum of funds needed. Three things to consider when opening a savings account are the initial deposit, the minimum balance requirements, and account fees. Some financial institutions have minimum deposits and balance requirements in order to make money, pay overhead costs, and make loans. An empty account might be viewed by a bank or credit union as more trouble than it's worth. For a BPI ATM savings account, a P500 opening deposit is necessary. Upon account opening, this amount will be "on-hold" or restricted from withdrawal for one month.To learn more about Initial deposit, refer to:
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What is the most important factor affecting the price of a stock?.
The imbalance between supply and demand can significantly affect stock prices.
What are stocks?Stocks are financial instruments that reflect a stake or ownership in a firm. Stock issuance is a method used by firms to raise capital for corporate expansion and investment.Stocks are viewed by investors as a way to grow their money and, over time, outperform inflation.Although private sales are also an option, stock exchanges are where most purchases and swaps occur. To safeguard investors from fraud, such transactions need to adhere to regulatory requirements.Stock, also referred to as capital stock, is the collective term for all the shares that comprise a corporation's ownership. In American English, the shares are referred to as "stock." One share of stock equals fractional ownership of the company in relation to the total number of shares.To learn more about stocks refer to:
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the scope of article 230 covers service conductors and equipment for control and protection of services and their installation requirements.
The scope of article 230 covers service conductors and equipment for control and protection of services and their installation requirements. Services is the answer.
A provider is an "(intangible) act or use for which a patron, company, or government is inclined to pay." Examples include work done through barbers, doctors, attorneys, mechanics, banks, coverage agencies, and so on. Public services are people who society (country state, monetary union or region) as a whole can pay for.
Services are essentially intangible activities which are separately identifiable and offer the pleasure of needs. We can't maintain it in stock. Their purchase does not result in the ownership of something physical. offerings contain an interplay to be realised among the service company and the purchaser.
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is seeking a new supplier for the wool it uses to line its jackets. the company has just invited three different wool suppliers to bid for its business. the company is most likely in the stage of the business buying process. clara leather company is seeking a new supplier for the wool it uses to line its jackets. the company has just invited three different wool suppliers to bid for its business. the company is most likely in the stage of the business buying process. supply side product specification general need description problem recognition proposal solicitation
Based on the story above, the stage of business buying process is (C) general need description. It is because in the story above, the company only seeking a new supplier for the wool and tell about company's need.
In economics and business, Business buying process generally can be defined as the process where business buyers determine which services and also products are needed to purchase. In the steps of business buying process, the company will find the suppliers to buys the materials, and then evaluate, and choose among alternative brands.
There are several steps of business buying process, such as Awareness and Recognition, Specification and Research, Request for Proposals, Evaluation of Proposals, and also Order and Review Process.
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Master Metalworks, Inc., knows that its stockholders expect a return on their investment. The expected return that stockholders anticipate translates into the company's __________. Essentially, this is the amount that the investment funds are costing the firm.
cost of capital
A common profitability statistic used to assess how well an investment has done is return on investment (ROI). By dividing an investment's net profit (or loss) by its initial cost or outlay, ROI is expressed as a percentage.
What is Return on Investment?A comparison between the financial value of an investment and its cost ROI is calculated as (profit – cost) / cost.
Your return on investment (ROI), or percentage of profit produced from a $1,000 investment, would be 0.9, or 90%.
An investing calculator is frequently another way to get this information. ROI can be helpful when making business plans to launch your company, your marketing efforts (for marketing accountability), or the prospective profitability of a certain investment.
A comparable indicator is return on ad spend (ROAS), which places greater emphasis on specific strategies, such a single marketing campaign to expand your company.
Hence, A common profitability statistic used to assess how well an investment has done is return on investment (ROI). By dividing an investment's net profit (or loss) by its initial cost or outlay, ROI is expressed as a percentage..
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as the price level rises, the cost of borrowing money willfall , causing the quantity of output demanded tofall . this phenomenon is known as the effect.
The EXCHANGE RATE effect is a term used to describe this occurrence. Consumers need less money to buy a particular basket of goods and services when the price level of the economy declines.
How does interest impact a situation?The borrowing and spending patterns that emerge after an interest rate modification are known as the interest rate effect.Consumer purchasing power reduces, credit demand increases, interest rates rise, the amount of debt-financed borrowing declines, and real GDP demand declines when prices are lower.a table or curve that displays the overall volume of products and services demanded (bought) at various price points. When prices are higher, the amount of real GDP demanded declines; when prices are lower, the quantity of real GDP demanded rises. 25 words were just studied by youDemand-pull inflation occurs when the overall demand rises while the supply either stays the same or declines. Prices for products and services rise when supply cannot keep up with rising demand.To learn more about GDP refer to
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which statement is accurate about messages that provide directions?
Answer:
What are the answer choices
match the term to the definition. corporation a business owned and run by just one person. franchise a written legal document that defines ownership and operating procedures and conditions for the business. articles of incorporation a business owned and controlled by two or more people who have entered into an agreement. proprietorship a separate legal entity formed by documents filed with a state. partnership agreement a written contract granting permission to operate a business to sell products and services in a set way. partnership a written agreement among all owners.
A business owned and run by just one person- Sole proprietorship
A written legal document that defines ownership and operating procedures and conditions for the business - Article of incorporation
A business owned and controlled by two or more people who have entered into an agreement- Partnership
A separate legal entity formed by documents filed with a state- Corporation
A written contract granting permission to operate a business to sell products and services in a set way - Franchise
Partnership a written agreement among all owners.
They all are the types of forms of business.
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Tamara Todd Goble, ages 66 and 60, file a joint return. Todd is legally blind. Compute their standard deduction:
A, 15700
B.12600
C.13850
D.15100
An employee who perceives an employer as providing high distributive and procedural justice will most likely experience FILL IN THE BLANK. d. job satisfaction.
An employee who perceives an employer as providing high distributive and procedural justice will most likely experience for job satisfaction.
Employee involvement is taken into consideration critical for preserving healthful worker members of the family in the organization. It guarantees that employees' reviews are precious withinside the decision-making procedure of the firm. It boosts worker pleasure stage and activity security.
These exceptions consist of the public coverage exception, the implied agreement exception, and the implied covenant of precise religion and truthful dealing exception. handiest refers to country constitutional protections or country statutory law.
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Chase Manhattan bank recently offered a certificate of deposit that pays 1.36% annually for 10 years. The investment must remain untouched for the 10-year period or a penalty will be applied to the account. Most certificates of deposit have an early withdraw penalty of 1-2%. Calculate the future value of the account assuming a $22,356 investment remains untouched for a 10-year period. Assume annual compounding is used.
Compound interest is calculated by multiplying the initial principal amount by one plus the annual interest rate multiplied by the number of compound periods multiplied by one. The total initial loan amount is then deducted from the resulting value.
What Is Compound Interest?Compound interest grows at an ever-increasing rate because it includes interest accumulated in previous periods. The total interest payable over the three years of this loan is $1,576.25, but the interest amount is not the same for all three years, as it would be with simple interest.
The following is the formula for calculating compound interest:
Compound interest equals the sum of the principal and interest in the future (or future value) minus the principal amount in the present (or present value)
= [P (1 + i)n]. – P
= P [(1 + i)n – 1]
Where:
P stands for principal.
I = the nominal annual interest rate expressed in percentage terms.
n denotes the number of compounding periods.
Consider a $10,000 loan with a three-year term and a 5% annual interest rate. What would the rate of interest be? In this case, it would be as follows:
$10,000 [(1 + 0.05)3 – 1] = $10,000 [1.157625 – 1] = $1,576.25
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uncapped, fully participating, preferred shares with 1:1 convertibility will convert to common equity prior to an ipo if:
If convertible preferred shares have a fixed conversion ratio and are uncapped, fully participating, and convertible into common equity before an IPO.
A 1 to 1 conversion ratio: what is it?
The "conversion ratio" establishes how many shares of ordinary stock each share of preferred stock changes into when it is converted as the first step. The initial value of this number is 1:1. Thus, each share of preferred stock first transforms into one share of common stock.
Can preferred stock be converted into common stock?
There is a defined conversion ratio at which convertible preferred shares can be changed into common stock. The preferred shareholders may wish to convert and take advantage of the opportunity to make a quick profit whenever the market price of the company's common stock rises above the conversion price.
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if the office of governor is vacated in texas, the order of succession is
If the office of governor is vacated in Texas, the order of succession is the Lieutenant governor, then the Pro tempore of the Senate.
What do you mean by the Succession of office of Governor?If the Governor-elect doesn't meet the requirements, the Lieutenant Governor-elect will take over as governor. In the event of the Governor's demise, resignation, or removal from office, the Lieutenant Governor will take over as Governor.
If the elected governor steps down, passes away, or is removed from office after being impeached and found guilty, the lieutenant governor takes over as governor.
In 49 states and territories, the lieutenant governor is the chosen representative who takes over as governor in the event of a vacancy.
Therefore, if the office of governor is vacated in Texas, the order of succession is the Lieutenant governor, then the Pro tempore of the Senate.
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TRUE/FALSE. logistics costs can be divided into three categories: inventory carrying costs, administrative costs, and transportation (with transportation costs accounting for the bulk of the costs).
True, logistics costs can be divided into three categories: inventory carrying costs, administrative costs, and transportation.
What is logistics costs ?Any expense incurred by a company to manage its logistics is referred to as a logistical cost. Being more competitive requires understanding how to lessen them. Expenditures associated with logistics include those for acquiring resources, distributing goods, and other costs involved in a business's chain of production, sales, and delivery.
All expenses incurred in moving products, from obtaining raw materials to fulfilling client orders, are referred to as logistics costs.
Hence, true is an appropriate response.
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Communication among employees at social gatherings tends to whether the gatherings are sponsored by the employer or not. create a grapevine where one did not exist Because of your education in management, you know that infor generate negative Interpersonal relations h of the following statements is true about organizations? encourage vertical but not horizontal communication The information shared through the grapevine is rarel promote a strong organizational culture Managers who manage by walking around do so to determine who is responsible for gossip in the organization. Organizations with strong leadership communicate only through formal networks. Grapevines occur in all organizations. Grade It Now Save & Continue Continue without saving Attempts Keep the Highest/4 4. Informal Communication Communication among employees at social gatherings tends to gatherings are sponsored by the employer or not. whether the Because of your education in management, you know that informal communication is important for organizations. Which of the following statements is true about organizations? The information shared through the grapevine is rarely accurate. Managers who manage by walking around do so to determine who is responsible for gossip in the organization Organizations with strong leadership communicate only through formal networks. Grapevines occur in all organizations Grade It Now Save & Continue Continue without saving
Whether or whether the events are sponsored by the company, communication amongst employees during social gatherings tends to generate a grapevine where none previously existed.
What is grapevine communication in an organization?Businesses and management professionals frequently strive to use official communication channels for significant news instead than grapevine communication since it is an informal style of communication. This form of communication commonly occurs in the workplace since it evolved from informal social engagement.The term "grapevine" refers to rumours. Everything that was heard on the grapevine was passed along orally. A grapevine telegraph was a device used for communication during the Civil War. From that point on, people began referring to "the grapevine" as a source of information, particularly rumours.There are four different forms of grapevine communication: single strand chain, gossip chain, probability chain, and cluster chain.Learn more about grapevine communication refer to :
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FILL IN THE BLANK. amazon creates many utilities for its customers, but perhaps the most valuable utility for consumers is___, the utility created by having the offerings available where consumers need it, on amazon.
Amazon creates many utilities for its customers, but perhaps the most valuable utility for consumers is place, the utility created by having the offerings available where consumers need it, on Amazon.com.
What is Amazon?A worldwide technology business based in the United States, Amazon.com, Inc. is heavily invested in digital streaming, cloud computing, online advertising, and artificial intelligence.
Amazon.com is a sizable online retailer that offers a variety of products directly to its millions of clients as well as acting as a middleman between other businesses and Amazon's clientele.
In conclusion, Amazon not only acts as an online shop but also enables individuals and companies to advertise and sell goods online.
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As a manager of a diverse work group, which of the following general statements or principles would you use to guide you in attempting to be an effective leaders?
A) There is little evidence to suggest there is a meaningful distinction between task and relationship-oriented behavior across world cultures.
B) It is clear that a more democratic, participative, directive, contingent-based reward/punishment system produces similar results across cultures.
C) The effective practice of leadership necessitates a careful look at and understanding of the individual differences brought to the leader-follower relationship by the cross-cultural context.
D) A leader whose behavior reflects support, kindness, and concern for his/her followers is valued and impactful in most cultures.
E) None of these.
Answer:
The answer would be C The effective practice of leadership necessitates a careful look at and understanding of the individual differences brought to the leader-follower relationship by the cross-cultural context.
TRUE/FALSE list the protocol used in the collaborative interest-based approach to negotiation, starting at the top with the first step in the process.
The answer is true. The goal of interest-based negotiations is to arrive at a solution that is advantageous to both sides and is accepted by both. Both sides' interests are being served.
If a conflict does arise, the parties focus their attention on the issue rather than the individual. The process of interest-based negotiation enables traditional negotiators to collaborate on solving problems. It is predicated on the notions that there is a chance for mutual gain, that solutions that address shared interests are more enduring, and that the parties ought to support one another in achieving success. Goals of a negotiating party in a negotiation process are frequently included as negotiation interests.
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Which of the following is a reason why many salespeople join civic and professional organizations, country clubs, or fraternal organizations? a) To learn the technique of cold canvassing; b) To learn about sales ethics; c) To receive sales training; d) To gain leads through networking; e) To engage in social selling
Many salespeople join civic and professional organizations, country clubs, or fraternal organizations to gain leads through Networking (option D).
Social events are essential to sales career development. They provide the opportunity to meet influential people in related fields, gain knowledge about potential targets, and generate leads.
In these types of organizations, such as clubs, interest groups, and charity events, salespeople can make themselves known as the right people to solve problems or meet specific needs, depending on their work area.
The presence at these events will enhance human-professional relationships, general knowledge of the field, and the approach to leaders or decision-makers in other companies, resulting in a positive expansion of various aspects of the career.
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What is education, what is training?
Education is a process in which one learns to discover and generate new knowledge. Training is a process that aims at acquiring specific skills to be implemented with certainty at the end of the process.
Education refers mainly to the transmission of knowledge. It is defined as the systematic process of learning something to acquire knowledge. Acquiring knowledge can be based on learning theories, concepts, facts, etc. It is usually considered for the long-term and in a theoretical sense.
Training means learning to thrive and implement a specific skill to fulfill a role competently. It is usually considered short-term and practical sense.
The purpose of training is to improve performance and productivity in specific tasks. At the same time, education pursues to development of a sense of reason and judgment for all kinds of professional or personal life situations.
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cumulative preferred stock can be purchased by anyone, but it is more likely that someone over 50 would be interested in such an investment. true false
True, cumulative preferred stock can be purchased by anyone, but it is more likely that someone over 50 would be interested in such an investment.
A type of preferred stock known as cumulative preferred stock has a clause stipulating that dividends must be paid to cumulative preferred owners first if any past dividend payments have been missed. Dividend payments must be made prior to other classes of preferred stock shareholders and common stockholders. The terms cumulative preferred stock and cumulative preferred shares are also used. This class of shareholders will get payment before holders of other classes of preferred stock and holders of common stock.
In contrast to non-cumulative preferred stock, which does not issue omitted or unpaid dividends, shareholders of cumulative preferred stock simply miss out on any dividends that are not paid in a given quarter or year.
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Willis and Adams’ staff prepared detailed ratio analysis, trends, and common size balance sheet and income statements based on EarthWear’s unaudited financial statements. The procedures you perform will analyze the results of the computations and assess the overall financial condition of EarthWear. Review the ratio analyses contained on Work Paper 5-1. You can read the Advanced Module: Selected Financial Ratios in Chapter 5 of the text for a description of these ratios.You will be asked to provide further analyses of these ratios as you complete Work Paper 5-2.
Financial managers employ a tool called common size analysis—also known as vertical analysis—to examine financial statements.
What is Types of Common Size Analysis?There are two ways to analyze common sizes: vertically and horizontally.
Vertical analysis is the comparison of individual line items to a base item within the same financial period. For instance, using total assets as the base item, we can divide the inventory line in the balance sheet to determine the percentage of inventory.Horizontal analysis, on the other hand, refers to the analysis of specific line items and comparison to a similar line item in the previous or subsequent financial period. Even though trend analysis using ratios is more detailed, common size analysis gives financial managers a quick way to examine financial statements.To Learn more About common size analysis refer to:
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one strategy that fis may employ to reduce exposure to interest rate risk is to match the maturity of their with the maturity of their .
Although maturity matching may lower a FI's exposure to interest rate risk, it may also lower the profitability of the institution.
What does maturity-matching entail?The life of an asset and the length of the loan used to finance it should be roughly comparable, according to the maturity matching principle. A company's assets fall into two types. NWC, which is the difference between current assets and current liabilities, is the first category.
This is the net investment that corporations make in current assets (mainly inventory and accounts receivable) in a manufacturing or retail operation that is not covered by current liabilities (primarily accounts payable).
The second group is long-term assets, which include all the things a business requires to run, such as land, buildings, equipment, intangibles, and other assets. These two asset types are both crucial to a corporation and call for finance.
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