Chapter

Preparing for Tomorrow's Workplace Skills

From IntroductionToBusiness OP 8D04gAa

Concepts

1. How do market adjustments create equilibrium?

   "At the point where the quantity demanded equals the quantity supplied, demand and supply are in balance. This equilibrium point is achieved by market adjustments of quantity and price."

2. Which trends are reshaping business environments and competition?

   "1.8 Trends in the Business Environment and Competition 8. Which trends are reshaping the business, microeconomic, and macroeconomic environments and competitive arena? To remain competitive, business

3. How can organizations compare their objectives, resources, and factors of production?

   "Preparing for Tomorrow's Workplace Skills 1. Select a not-for-profit organization whose mission interests you. What are the organization’s objectives? What resources does it need to achieve those goa

4. How can teams project the effects of external-environment changes on a business?

   "2. Team Activity Form seven teams. Each team is responsible for one of the sectors of the external business environment discussed in the chapter (economic, political/legal, demographic, social, compe

5. How can practical examples demonstrate the value of economics?

   "3. If a friend claimed, “Economics is all theory and not very practical,” how might you counter this claim? Share your rationale with the class. (Interpersonal, Information) 4. Team Activity Create t

6. What are the four types of market structure?

   "supply. At the point where the quantity demanded equals the quantity supplied, demand and supply are in balance. This equilibrium point is achieved by market adjustments of quantity and price. 1.7 Co

7. Which trends are reshaping the business, microeconomic, and macroeconomic environments and competitive arena?

   "1.8 Trends in the Business Environment and Competition 8. Which trends are reshaping the business, microeconomic, and macroeconomic environments and competitive arena? To remain competitive, business

8. How can workplace skills be developed through organizational research and environmental analysis?

   "Preparing for Tomorrow's Workplace Skills 1. Select a not-for-profit organization whose mission interests you. What are the organization’s objectives? What resources does it need to achieve those goa

9. How can economics be applied through discussion, debate, and analysis of government action?

   "3. If a friend claimed, “Economics is all theory and not very practical,” how might you counter this claim? Share your rationale with the class. (Interpersonal, Information) 4. Team Activity Create t

10. How can companies behave ethically and responsibly?

    "Companies may engage in illegal and irresponsible behavior, irresponsible but legal behavior, or legal and responsible behavior. The vast majority of organizations act legally and try to be socially

11. What are the trends in ethics and corporate social responsibility?

    "2.5 Trends in Ethics and Corporate Social Responsibility 5. What are the trends in ethics and corporate social responsibility? Today, corporate philanthropy is shifting away from simply giving to any

12. How can employees and organizations apply ethical decision-making skills?

    "Preparing for Tomorrow's Workplace Skills 1. Many CEOs have sold shares of their company’s stock when prices were near their high points. Even though their actions were legal, it soon became apparent

13. What kinds of behavior can companies demonstrate?

    "Companies may engage in illegal and irresponsible behavior, irresponsible but legal behavior, or legal and responsible behavior. The vast majority of organizations act legally and try to be socially

14. How do businesses meet their social responsibilities to various stakeholders?

    "Stakeholders are individuals or groups to whom business has a responsibility. Businesses are responsible to employees. They should provide a clean, safe working environment. Organizations can build e

15. What ethical obligation might a CEO have when selling company stock?

    "Many CEOs have sold shares of their company’s stock when prices were near their high points. Even though their actions were legal, it soon became apparent that they knew that the stock was significan

16. How can companies strengthen corporate citizenship and workplace ethics?

    "Jeffrey Immelt, former chairman and CEO of General Electric, one of the world’s most-admired companies according to Fortune magazine, says that execution, growth, and great people are required to kee

17. What are the trends shaping competition in the global marketplace?

    "drawing upon the knowledge of a global workforce. 3.9 Trends in Global Competition 9. What are the trends in the global marketplace? Global business activity will continue to escalate due to several

18. How can students prepare for workplace challenges in the global economy?

    "Preparing for Tomorrow's Workplace Skills 1. How can a country’s customs create barriers to trade? Ask foreign students to describe such barriers in their country. American students should give examp

19. How can teams evaluate a country’s infrastructure for international trade?

    "7. Team Activity Divide the class into teams. Each team should choose a country and research its infrastructure to determine how it will help or hinder trade. Include a variety of countries, ranging

20. Is paying an advisory fee to speed up foreign permits a bribe or an acceptable business cost?

    "Ethics Activity The executives of a clothing manufacturer want to outsource some of their manufacturing to more cost- efficient locations in Indonesia. After visiting several possible sites, they cho

21. What are the trends in the global marketplace?

    "drawing upon the knowledge of a global workforce. 3.9 Trends in Global Competition 9. What are the trends in the global marketplace? Global business activity will continue to escalate due to several

22. How can students prepare for tomorrow’s global workplace?

    "Preparing for Tomorrow's Workplace Skills 1. How can a country’s customs create barriers to trade? Ask foreign students to describe such barriers in their country. American students should give examp

23. Is an advisory fee for speeding up foreign permits a bribe or an acceptable business cost?

    "Ethics Activity The executives of a clothing manufacturer want to outsource some of their manufacturing to more cost- efficient locations in Indonesia. After visiting several possible sites, they cho

24. How can you compare two job offers to determine which one best meets your needs?

    "1. Suppose you are considering two job offers for a computer programming position, one at a two-year-old consulting firm with 10 employees owned by a sole proprietor and one at a publicly traded soft

25. What legal requirements should you investigate before starting a company?

    "2. Before starting your own company, you should know the legal requirements in your area. Call the appropriate city or county departments, such as licensing, health, and zoning, to find out what lice

26. How should Bridget choose an appropriate form of business organization for her online chocolate business?

    "3. Bridget Jones wants to open her own business selling her handmade chocolates over the internet. Although she has some money saved and could start the business on her own, she is concerned about he

27. How can you evaluate the benefits and risks of becoming a franchisor?

    "4. You and a partner co-own Swim-Clean, a successful pool supply and cleaning service. Because sales have tapered off, you want to expand your operations to another town 10 miles away. Given the high

28. How can you evaluate whether a prospective franchise is right for you?

    "5. Do you have what it takes to be a successful franchisee? Start by making a list of your interests and skills, and do a self-assessment using some of the suggestions in this chapter. Next you need

29. How can you research a recent merger and evaluate its progress?

    "6. Find news of a recent merger using an online search or a business periodical such as Bloomberg Businessweek, Fortune, or The Wall Street Journal . Research the merger using a variety of sources in

30. How can a team identify a useful on-campus opportunity after repeated all-nighters?

    "7. Team Activity After pulling one too many all-nighters, you realize your college needs an on-campus 164 Chapter 4 Forms of Business Ownership This OpenStax book is available for free at http://cnx.

31. How should you compare two computer programming job offers?

    "1. Suppose you are considering two job offers for a computer programming position, one at a two-year-old consulting firm with 10 employees owned by a sole proprietor and one at a publicly traded soft

32. What business organization should Bridget choose for her handmade chocolate business?

    "3. Bridget Jones wants to open her own business selling her handmade chocolates over the internet. Although she has some money saved and could start the business on her own, she is concerned about he

33. How should you evaluate the benefits and risks of becoming a franchisor?

    "4. You and a partner co-own Swim-Clean, a successful pool supply and cleaning service. Because sales have tapered off, you want to expand your operations to another town 10 miles away. Given the high

34. How can you evaluate whether a franchise opportunity is right for you?

    "5. Do you have what it takes to be a successful franchisee? Start by making a list of your interests and skills, and do a self-assessment using some of the suggestions in this chapter. Next you need

35. How should you research a recent merger and evaluate its progress?

    "6. Find news of a recent merger using an online search or a business periodical such as Bloomberg Businessweek, Fortune, or The Wall Street Journal . Research the merger using a variety of sources in

36. What on-campus need should you address after repeated all-nighters?

    "7. Team Activity After pulling one too many all-nighters, you realize your college needs an on-campus 164 Chapter 4 Forms of Business Ownership This OpenStax book is available for free at http://cnx.

37. What entrepreneurial characteristics and career factors should you consider before starting a company?

    "1. After working in software development with a major food company for 12 years, you are becoming impatient with corporate “red tape” (regulations and routines). You have an idea for a new snack prod

38. What can you learn by interviewing or researching a successful entrepreneur?

    "2. What does it really take to become an entrepreneur? Find out by interviewing a local entrepreneur or researching an entrepreneur you’ve read about in this chapter or in the business press. Get ans

39. What information should you investigate before buying a small catering business?

    "3. A small catering business in your city is for sale for $250,000. The company specializes in business luncheons and small social events. The owner has been running the business for four years from

40. What assistance and resources are available to women and minority business owners?

    "4. Research various types of assistance available to women and minority business owners. Call or visit the nearest SBA office to find out what services and resources it offers. Contact trade associat

41. How can an online quiz help you assess your entrepreneurial mindset?

    "5. Do you have what it takes to be an entrepreneur or small-business owner? You can find many online quizzes to help you figure this out. The Success website offers a quiz to determine whether you ha

42. How can a team develop an idea for a local business plan competition?

    "6. Team Activity Your class decides to participate in a local business plan competition. Divide the class into small groups, and choose one of the following ideas: ◦ A new computer game based on the

43. What entrepreneurial characteristics and considerations should you evaluate before leaving a corporate job?

    "1. After working in software development with a major food company for 12 years, you are becoming impatient with corporate “red tape” (regulations and routines). You have an idea for a new snack prod

44. What should you investigate before buying an existing catering business?

    "3. A small catering business in your city is for sale for $250,000. The company specializes in business luncheons and small social events. The owner has been running the business for four years from

45. What resources are available to women and minority business owners?

    "4. Research various types of assistance available to women and minority business owners. Call or visit the nearest SBA office to find out what services and resources it offers. Contact trade associat

46. What skills help managers succeed in tomorrow’s workplace?

    "information technology, such as dashboard software, managers can make quicker, better-informed decisions. As more companies “go global,” the need for multinational cultural management skills is growi

47. Are leadership and management equally important to organizational success?

    "3. Often researchers cast leadership in an inspirational role in a company and management in more of an administrative role. That tendency seems to put leadership and management in a hierarchy. Do yo

48. How can teams create an operational plan for employee attendance?

    "5. Team Activity One of the most common types of planning that managers do is operational planning, or the creation of policies, procedures, and rules and regulations. Assemble a team of three classm

49. What ethical questions surround executive compensation?

    "Ethics Activity Are top executives paid too much? A study of CEO compensation revealed that CEO bonuses rose considerably—from 20 percent to 30 percent—even at companies whose revenues or profits dro

50. What skills and behaviors help managers succeed in tomorrow’s workplace?

    "information technology, such as dashboard software, managers can make quicker, better-informed decisions. As more companies “go global,” the need for multinational cultural management skills is growi

51. How can managers improve their time management and understand the relationship between leadership and management?

    "2. Successful managers map out what they want to do with their time (planning), determine the activities and tasks they need to accomplish in that time frame (organizing), and make sure they stay on

52. How can managers build their technology skills and apply operational planning?

    "4. Today’s managers must be comfortable using all kinds of technology. Do an inventory of your computer skills, and identify any gaps. After listing your areas of weakness, make a plan to increase yo

53. What ethical questions arise from executive compensation?

    "Ethics Activity Are top executives paid too much? A study of CEO compensation revealed that CEO bonuses rose considerably—from 20 percent to 30 percent—even at companies whose revenues or profits dro

54. How do informal relationships support employees inside an organization?

    "informal relationships of individuals inside the organization. Informal relationships can be between people at the same hierarchical level or between people at different levels and in different depar

55. What trends are influencing the way businesses organize?

    "7.8 Trends in Organizational Structure 8. What trends are influencing the way businesses organize? Reengineering is a complete redesign of business structures and processes in order to improve operat

56. Would you prefer climbing higher in an organization or serving as a middle-management bridge?

    "Preparing for Tomorrow's Workplace Skills 1. When people talk of climbing the corporate ladder, they are referring to moving vertically upward through the organizational structure. Many employees plo

57. How can managers involve talented employees who are uncomfortable in team settings?

    "2. Teams are an increasingly popular method of organizing corporations, but not all people are suited for teamwork. As a manager, what do you do with employees who are talented but unapproachable? Ca

58. How does information travel through an organizational grapevine?

    "3. Think about how gossip and rumors travel through a grapevine. Draw as many grapevines as you can think of that reflect the different ways rumors move through an organization. Can you think of info

59. Will companies that outsource inevitably become virtual corporations?

    "4. Do you think companies that outsource will inevitably become virtual corporations? Why or why not? 280 Chapter 7 Designing Organizational Structures This OpenStax book is available for free at htt

60. How do informal relationships support employees within an organization?

    "informal relationships of individuals inside the organization. Informal relationships can be between people at the same hierarchical level or between people at different levels and in different depar

61. Why do companies use outsourcing and gig-economy arrangements?

    "Outsourcing business functions—both globally and domestically—continues to be a regular business practice for companies large and small. Companies choose to outsource either as a cost-saving measure

62. How can employees and managers prepare for tomorrow’s workplace?

    "Preparing for Tomorrow's Workplace Skills 1. When people talk of climbing the corporate ladder, they are referring to moving vertically upward through the organizational structure. Many employees plo

63. How can overseas work and employee benefits shape your career development?

    "1. Would an overseas job assignment be good for your career development? If you think so, what country would you prefer to live and work in for two or three years, and what type of job would you like

64. What factors could influence union membership and labor market conditions?

    "3. Assume you have been asked to speak at a local meeting of human resource and labor relations professionals. The topic is whether union membership will increase or decline in the next 50 years. Tak

65. How can research into strikes and labor settlements improve understanding of labor relations?

    "6. Using the internet, research articles featuring a recent strike or a labor contract settlement. Report to your class the specifics of the strike or settlement. (Technology, Resources)"

66. How should organizations and workers think about employee value and union membership?

    "7. Team Activity Select two teams of five. One team will take the position that employees are simply a business expense to be managed. The second team will argue that employees are an asset to be dev

67. How can you prepare for future workplace opportunities and benefits?

    "1. Would an overseas job assignment be good for your career development? If you think so, what country would you prefer to live and work in for two or three years, and what type of job would you like

68. How can you analyze future labor relations and workforce trends?

    "3. Assume you have been asked to speak at a local meeting of human resource and labor relations professionals. The topic is whether union membership will increase or decline in the next 50 years. Tak

69. How can organizations address union elections, labor disputes, and union activity?

    "5. Assume you are a director of labor relations for a firm faced with a union certification election in 30 days. Draft a letter to be sent to your employees in which you urge them to vote “no union”;

70. Are employees a business expense or an asset, and should union membership be required?

    "7. Team Activity Select two teams of five. One team will take the position that employees are simply a business expense to be managed. The second team will argue that employees are an asset to be dev

71. How do Herzberg’s motivating and hygiene factors affect employee satisfaction?

    "satisfaction whereas others can create job dissatisfaction. According to Herzberg, motivating factors (also called satisfiers) are primarily intrinsic job elements that lead to satisfaction, such as

72. What contemporary theories explain employee motivation and performance?

    "9.6 Contemporary Views on Motivation 6. What four contemporary theories on employee motivation offer insights into improving employee performance? According to expectancy theory, the probability of a

73. How can managers redesign jobs to increase employee motivation and performance?

    "9.7 From Motivation Theory to Application 7. How can managers redesign existing jobs to increase employee motivation and performance? The horizontal expansion of a job, which involves increasing the

74. What initiatives are organizations using to motivate and retain employees?

    "9.8 Trends in Employee Motivation 8. What initiatives are organizations using today to motivate and retain employees? Today firms are using several key tactics to motivate and retain workers. First,

75. Are you motivated more by intrinsic or extrinsic rewards?

    "Preparing for Tomorrow's Workplace Skills 1. Are you motivated more by intrinsic rewards (satisfaction, sense of accomplishment, etc.) or by extrinsic"

76. How can the United States prepare students and workers for tomorrow’s innovation-driven workplace?

    "technology and workforce needs? Will the United States maintain its lead in the ongoing war for leadership in innovation? And what should it be doing to convert today’s students into tomorrow’s innov

77. How do automation and supply-chain resources affect organizational operations?

    "2. Look for ways that technology and automation are used at your school, in the local supermarket, and at your doctor’s office. As a class, discuss how automation affects the service you receive from

78. How does factory layout influence production efficiency at Broadway Fashions?

    "4. Broadway Fashions is a manufacturer of women’s dresses. The company’s factory has 50 employees. Production begins when the fabric is cut according to specified patterns. After being cut, the piece

79. How can operations managers address the challenges of moving manufacturing overseas?

    "5. As discussed in this chapter, many U.S. firms have moved their manufacturing operations to overseas locations in the past decade. Although there can be sound financial benefits to this choice, mov

80. How can the United States prepare workers for future innovation and technology needs?

    "technology and workforce needs? Will the United States maintain its lead in the ongoing war for leadership in innovation? And what should it be doing to convert today’s students into tomorrow’s innov

81. How can Tom and Sally schedule the annual report project?

    "Preparing for Tomorrow's Workplace Skills 1. Tom Lawrence and Sally Zickle are co-owners of L-Z Marketing, an advertising agency. Last week, they landed a major aerospace manufacturer as a client. Th

82. How do automation and supply-chain resources affect organizations?

    "2. Look for ways that technology and automation are used at your school, in the local supermarket, and at your doctor’s office. As a class, discuss how automation affects the service you receive from

83. How can factory layouts and operations strategies improve production efficiency?

    "4. Broadway Fashions is a manufacturer of women’s dresses. The company’s factory has 50 employees. Production begins when the fabric is cut according to specified patterns. After being cut, the piece

84. What strategies and tactics are used to price products and services?

    "11.9 Pricing Strategies and Future Trends 9. What strategies are used for pricing products, and what are the future trends? The two main strategies for pricing a new product are price skimming and pe

85. What trends are occurring in product development and pricing?

    "11.10 Trends in Developing Products and Pricing 10. What trends are occurring in products and pricing? The internet has given pricing power to both buyers and sellers. A second trend is that many fir

86. How can marketing concepts and strategies be applied in workplace situations?

    "Preparing for Tomorrow's Workplace Skills 1. Can the marketing concept be applied effectively by a sole proprietorship, or is it more appropriate for larger businesses with more managers? Explain. (I

87. What pricing strategies and tactics are used for products and services?

    "11.9 Pricing Strategies and Future Trends 9. What strategies are used for pricing products, and what are the future trends? The two main strategies for pricing a new product are price skimming and pe

88. How can marketing concepts and market segmentation guide business planning?

    "Preparing for Tomorrow's Workplace Skills 1. Can the marketing concept be applied effectively by a sole proprietorship, or is it more appropriate for larger businesses with more managers? Explain. (I

89. How can product classification and pricing examples be applied in marketing practice?

    "5. Under what circumstances would a jeans maker market the product as a convenience product? A shopping product? A specialty product? (Information) 6. Go to the library, and look through magazines an

90. How do public relations activities build a positive company image?

    "paid for by the company. Public relations departments furnish company speakers for business and civic clubs, write speeches for corporate officers, and encourage employees to take active roles in civ

91. What is e-commerce, and how does it affect promotion?

    "E-commerce refers to the development and maintenance of a company’s website and the facilitation of commerce on the website, such as the ability for customers to order products on line, to get questi

92. How can workplace activities develop skills in marketing, distribution, and e-retailing?

    "1. Team Activity Divide the class into two groups with one taking the “pro” position and the other the “con” position on the following issue: “The only thing marketing intermediaries really do is inc

93. How do public relations activities build a positive organizational image?

    "paid for by the company. Public relations departments furnish company speakers for business and civic clubs, write speeches for corporate officers, and encourage employees to take active roles in civ

94. What is social media, and how does it affect promotion?

    "12.10 Trends in Social Media 10. What is social media, and how does it affect promotion? Social media is a relatively new marketing channel that includes platforms such as Facebook, Twitter, LinkedIn

95. What workplace activities develop skills in marketing, distribution, and promotion?

    "Preparing for Tomorrow's Workplace Skills 1. Team Activity Divide the class into two groups with one taking the “pro” position and the other the “con” position on the following issue: “The only thing

96. How can companies use technology planning and knowledge management to improve their performance?

    "systems? To get the most value from IT, companies must go beyond simply collecting and summarizing information. Technology planning involves evaluating the company’s goals and objectives and using th

97. What are the best ways to protect computers and the information they contain?

    "13.5 Protecting Computers and Information 5. What are the best ways to protect computers and the information they contain? Because companies are more dependent on computers than ever before, they nee

98. What are the leading trends in information technology?

    "13.6 Trends in Information Technology 6. What are the leading trends in information technology? IT is a dynamic industry, and companies must stay current on the latest trends to identify ones that he

99. How can workplace activities help students apply information technology concepts?

    "Preparing for Tomorrow's Workplace Skills 1. How has information technology changed your life? Describe at least three areas (both personal and school- or work-related) where having access to better

100. How can companies use technology planning and knowledge management to improve performance?

     "systems? To get the most value from IT, companies must go beyond simply collecting and summarizing information. Technology planning involves evaluating the company’s goals and objectives and using th

101. How can workplace activities help students apply information technology skills?

     "Preparing for Tomorrow's Workplace Skills 1. How has information technology changed your life? Describe at least three areas (both personal and school- or work-related) where having access to better

102. What does the statement of cash flows summarize?

     "The statement of cash flows summarizes the firm’s sources and uses of cash during a financial-reporting period. It breaks the firm’s cash flows into those from operating, investment, and financing ac

103. How can ratio analysis identify a firm’s financial strengths and weaknesses?

     "14.7 Analyzing Financial Statements 7. How can ratio analysis be used to identify a firm’s financial strengths and weaknesses? Ratio analysis is a way to use financial statements to gain insight into

104. What major trends affect the accounting industry today?

     "14.8 Trends in Accounting 8. What major trends affect the accounting industry today? The post-SOX business environment has brought many changes to the accounting profession, including higher standard

105. How can a balance sheet be prepared from account balances?

     "Preparing for Tomorrow's Workplace Skills 1. Your firm has been hired to help several small businesses with their year-end financial statements. a. Based on the following account balances, prepare th

106. How can cash flow statements and ratio analysis reveal a firm’s financial condition?

     "The statement of cash flows summarizes the firm’s sources and uses of cash during a financial-reporting period. It breaks the firm’s cash flows into those from operating, investment, and financing ac

107. What major trends are affecting the accounting industry today?

     "14.8 Trends in Accounting 8. What major trends affect the accounting industry today? The post-SOX business environment has brought many changes to the accounting profession, including higher standard

108. How can financial statement and cash flow exercises be used to evaluate businesses?

     "Preparing for Tomorrow's Workplace Skills 1. Your firm has been hired to help several small businesses with their year-end financial statements. a. Based on the following account balances, prepare th

109. How can ratio calculations and workplace activities support financial analysis and accounting practice?

     "3. A friend has been offered a sales position at Draper Media, Inc., a small publisher of computer-related publications, but wants to know more about the company. Because of your expertise in financi

110. How does the Federal Reserve manage the money supply?

     "The Federal Reserve System (the Fed) is an independent government agency that performs four main functions: carrying out monetary policy, setting rules on credit, distributing currency, and making ch

111. What are the key financial institutions, and what role do they play in financial intermediation?

     "Financial institutions can be divided into two main groups: depository institutions and nondepository institutions. Depository institutions include commercial banks, thrift institutions, and credit u

112. How does the Federal Deposit Insurance Corporation protect depositors’ funds?

     "The Federal Deposit Insurance Corporation insures deposits in commercial banks through the Bank Insurance Fund and deposits in thrift institutions through the Savings Association Insurance Fund. Depo

113. What role do U.S. banks play in the international marketplace?

     "U.S. banks provide loans and trade-related services to foreign governments and businesses. They also offer specialized services such as cash management and foreign-currency exchange."

114. What trends are reshaping financial institutions?

     "There will be a continued focus on regulatory and compliance issues, especially after the recent financial crisis, as well as on operational efficiency and technological advances. Banks will continue

115. How does the Federal Reserve manage the money supply?

     "15.2 The Federal Reserve System 2. How does the Federal Reserve manage the money supply? The Federal Reserve System (the Fed) is an independent government agency that performs four main functions: ca

116. What are the key financial institutions and how do they protect and transfer funds?

     "15.3 U.S. Financial Institutions 3. What are the key financial institutions, and what role do they play in the process of financial intermediation? Financial institutions can be divided into two main

117. What roles do U.S. banks play internationally and how are financial institutions changing?

     "15.5 International Banking 5. What role do U.S. banks play in the international marketplace? U.S. banks provide loans and trade-related services to foreign governments and businesses. They also offer

118. How can workplace activities apply knowledge about money and financial institutions?

     "Preparing for Tomorrow's Workplace Skills Chapter 15 Understanding Money and Financial Institutions 609\n\n1. How much does a checking account cost? Call or visit websites of several local banks and

119. What are the characteristics and risks of ETFs, futures contracts, and options?

     "because they offer a convenient way to diversify and are professionally managed. Exchange-traded funds (ETFs) are similar to mutual funds but trade on stock exchanges similar to common stock. Futures

120. Where can investors buy and sell securities, and how are securities markets regulated?

     "16.7 Buying and Selling at Securities Exchanges 7. Where can investors buy and sell securities, and how are securities markets regulated? Securities are resold in secondary markets, which include bot

121. What are the current developments in financial management and the securities markets?

     "16.8 Trends in Financial Management and Securities Markets 8. What are the current developments in financial management and the securities markets? The role of the CFO has continued to expand since t

122. What workplace finance assignments are students asked to prepare?

     "Preparing for Tomorrow's Workplace Skills 1. The head of your school’s finance department has asked you to address a group of incoming business students about the importance of finance to their overa

123. What are exchange-traded funds, futures contracts, and options?

     "because they offer a convenient way to diversify and are professionally managed. Exchange-traded funds (ETFs) are similar to mutual funds but trade on stock exchanges similar to common stock. Futures

124. How can students prepare for tomorrow’s workplace in finance?

     "Preparing for Tomorrow's Workplace Skills 1. The head of your school’s finance department has asked you to address a group of incoming business students about the importance of finance to their overa