An Organization That Wants to Provide Business Partners with Always-Available

question 67

Multiple Choice

An organization that wants to provide business partners with always-available information and contact should use which of the following?

• A)Intranet
• B)Extranet
• C)Email
• D)Voice mail

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Definitions:

Interest Rates

The cost of borrowing money or the return on invested savings, typically expressed as a percentage of the principal amount per year.

Deposit Expansion Multiplier

The ratio of the amount by which deposits can increase to the original amount of new reserves; it shows how money multiplies in the banking system.

Reserve Ratio

This is the fraction of depositors' balances banks must have on hand as cash.

Discount Rate

The rate of interest applied to loans obtained by commercial banks and other saving organizations from the lending facility of their regional Federal Reserve Bank.