The Most Successful Solutions or Methods for Achieving a Business

question 61

Multiple Choice

The most successful solutions or methods for achieving a business objective are called:

• A)core processes.
• B)best processes.
• C)benchmarks.
• D)best practices.

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Definitions:

Forward Contract

A financial agreement between two parties to buy or sell an asset at a specified future time at a price agreed upon today.

Forward Rate

The interest rate agreed upon now for a loan to be made or currency to be delivered at a future date, used in forward contracts and currency exchange.

Future Spot Rate

The anticipated exchange rate at which one currency will be exchanged for another in the spot market at a future date.

Cash Flow Hedge

A risk management technique used by companies to protect against the risk associated with fluctuations in cash flows, typically related to future interest or currency exchange rates.