The process of creating value for customers is the result of nine activities that form a
A) value chain.
B) capitalist operation.
C) profitable business.
D) information system.
Answer: A
Business
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Which of the statements below is FALSE regarding interest rates in the period 1950-1999?
A) Inflation averaged 4.05%. B) The real rate averaged 1.18%. C) The default premium averaged 7.05%. D) The maturity premium averaged 1.28% (for twenty-year maturity differences).
Business
Financial institutions offering traditional checking and savings accounts as well as providing loans to both individuals and firms are called ________
Fill in the blank(s) with the appropriate word(s).
Business