Why Would a Correlation of -

question 23

Essay

Why would a correlation of -.5 be just as useful as a correlation of .5?

Comprehend the implications of cash concentration and collection strategies on a firm's liquidity.

Recognize the role and usage of different banking instruments (e.g., debit cards, zero-balance accounts) in cash management.

Understand the impact of technological and market developments on reducing collection float.

Understand the impact of the Internet on the growth of online retailing and banking and its implications for float management.

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Definitions:

Law

A system of rules created and enforced through social or governmental institutions to regulate behavior, with its precise definition being a matter of longstanding debate among specialists.

Informal Norms

Unwritten rules and expectations that regulate the behavior of individuals within a society or group, without formal legal enforcement.

Formal Norms

Explicitly defined rules and regulations that guide behavior and maintain social order within a society.

Etiquette

The set of conventional rules of personal behavior in polite society, usually in the form of a code of conduct.