Group Norms Are Informal Standards of Conduct That Members Share

question 82

Short Answer

Group norms are informal standards of conduct that members share and that guide member behaviour.

---

Definitions:

Corporate Bonds

Debt securities issued by corporations to fund capital improvements, expansions, or other business needs.

Idle Cash

Cash that is not currently invested or used in transactions, often earning minimal or no interest.

Cash Management

Cash management is the process of collecting, managing, and investing a company's cash flow in order to meet its operational expenses and maintain liquidity.

Liquidity Management

The practice of managing assets and liabilities in such a way that an individual or firm can meet its short-term obligations.