The Process of Converting Financial Securities with One Set of Characteristics

question 54

Multiple Choice

The process of converting financial securities with one set of characteristics into securities with another set of characteristics is called:

• A) financial bundling.
• B) financial intermediation.
• C) financial disintermediation.
• D) none of the above.

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Definitions:

Cost

The amount of money required to purchase something or the expense associated with producing a service or carrying out a project.

Business Strategies

Comprehensive plans crafted by organizations to achieve competitive advantage, meet customer needs, and ensure long-term profitability and growth.

Horizontal Fit

involves the alignment of HR practices with each other to ensure they are coherent and mutually supportive in achieving organizational goals.

Organization's Mission

The core purpose and objectives of an organization, which guides its actions and strategic decisions.