Investment Companies Are Successful in Attracting Business Away from Banks

question 40

Multiple Choice

Investment companies are successful in attracting business away from banks and insurance companies primarily because they

• A)guarantee higher rates of return on savers' funds.
• B)remove interest rate risk for the saver.
• C)have no liquidity risk.
• D)give savers cheaper access to the direct securities markets.

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Definitions:

Performance Management Systems

Frameworks used by organizations to monitor, review, and manage the performance of employees and ensure the achievement of strategic objectives.

Harsh and Judgmental

Describes a critical and severe way of thinking or forming opinions about others, often without understanding or compassion.

Goal Setting

The process of identifying something that one aims to achieve and establishing measurable objectives and timeframes to accomplish it.

Efficiency;Effectiveness

Efficiency refers to accomplishing something with the least waste of time and effort; effectiveness is about achieving the intended or desired result.