What is a credit default swap and what function does it serve?
What will be an ideal response?
A CDS makes a payment when a specific credit event occurs. A CDS serves to provide insurance against credit risk, specifically default. An insuring party provides payment in case of default.
Business
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Describe the full range of leadership model
What will be an ideal response?
Business
Scientific management was designed to solve two major problems: (1) to help employees become happy, productive workers; and (2) to improve the operating efficiency of management
Indicate whether the statement is true or false.
Business