Your _____ Is an Example of a Liquid Asset

question 115

Multiple Choice

Your _____ is an example of a liquid asset.

• A) home
• B) car
• C) checking account
• D) charge account
• E) life insurance cash value

---

Definitions:

Organizational Effectiveness

Refers to how efficiently and effectively an organization achieves its goals and meets the needs of its stakeholders.

Adaptation

The process of adjusting to new conditions or environments.

Environment

External conditions and factors that influence and affect individuals, communities, or organizations.

Competitive Strategy

A long-term plan of action designed to give a company a competitive advantage over its rivals.