If You Have $1,000 to Invest, but Will Need the Money

question 26

Multiple Choice

If you have $1,000 to invest, but will need the money in one month to pay bills, you should

• A) put the money in a money market savings account.
• B) buy a one-year CD.
• C) buy stocks of relatively stable firms that have low risk.
• D) invest in a diversified stock mutual fund.

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Definitions:

TPS

The Transaction Processing System, a specific form of information system, is tasked with collecting, saving, adjusting, and fetching transactional information pertaining to an organization.

SCM

The directive process of managing the flow of physical goods, associated information, and financial transactions from the point of supply through manufacturing stages to the wholesaler, retailer, and ultimately to the consumer is the essence of Supply Chain Management.

Interorganizational

Interorganizational pertains to the relationships or interactions between different organizations, often involving collaboration, partnerships, or competition across organizational boundaries.

Intraorganizational

Pertaining to activities, processes, or interactions that occur within a single organization.