commerce

What is a primary reason businesses choose to invest?

To achieve profit through investments in machinery, technologies, and other resources.

Fill in the Blank: Individuals invest to achieve __________ goals, which can be short term, medium term, or long term.

future

What is an example of a long-term goal that individuals might save for through investment?

To ensure a comfortable retirement.

Term Deposits are suitable for which type of investor?

People seeking security and low risk.

Fill in the Blank: __________ accounts have higher interest than savings accounts, but usually require a high minimum balance.

Cash Management

What are debentures?

Loans to a company with a fixed interest rate and long-term repayment, considered less risky due to provided security.

What type of investment is known for being highly volatile and speculative?

Cryptocurrency, such as Bitcoin.

Describe ethical investments in one sentence.

Investing in companies whose products and practices align with an investor’s personal values.

Fill in the Blank: The financial services industry helps identify and mitigate __________ for individuals and businesses.

risks

What role does the financial services industry play in investment planning?

It offers advice on managing investments for long-term financial gain.