Which of the Following Would Not Be an Example of a Secondary

question 30

Multiple Choice

Which of the following would not be an example of a secondary financial market transaction?

• A) You call a broker and purchase 100 shares of McDonalds Corp. stock.
• B) You go to the bank and purchase a $5,000 certificate of deposit.
• C) You call a broker and purchase a U.S. Treasury bond.
• D) You call a broker and purchase a bond issued by General Motors.

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Definitions:

Voluntary Severance

An option allowing employees to choose to leave their positions in exchange for a pre-determined compensation package.

Work Redesign

The process of altering jobs and work processes to improve employee satisfaction and productivity.

Automation

The shift toward converting work that was traditionally done by hand to being completed by mechanical or electronic devices.

Obsolete

Referring to a product, service, or technology that has become outdated or no longer used, often because it has been replaced by newer alternatives.