In Response to Poor Communication Problems with Application Development, Many

question 40

Multiple Choice

In response to poor communication problems with application development, many companies are _________.

• A)forward outsourcing
• B)insourcing
• C)nearshore outsourcing
• D)offshore outsourcing

---

Definitions:

Spot Trade

A deal where financial instruments or commodities are swapped right away.

Eurobanks

Banks located outside their country of incorporation that deal predominantly in Eurocurrencies – currencies held outside their country of origin.

Spot Trades

Financial transactions involving the immediate exchange of commodities or securities for cash or another asset.

Trade Settlement

The process of transferring securities from the seller to the buyer and the corresponding payment from the buyer to the seller.