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Financial Market:
Being entrusted with different functions having macro level implications on the nation's economy, the financial system tries to fulfill its role through the financial markets. The financial markets channelize the savings of the households and other surplus budget units to those individuals and institutions that need funds. While performing this role, the financial markets aid in increasing production and income for the various units. The importance of these markets to the financial system can be understood from the quantum of funds that are made available to the borrowers.
Q. Disadvantages of just-in-time inventory management? A JIT inventory management system mayn't run as smoothly in practice as theory may predict since there may be little room
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What are agency problems? and between what two stakeholders do agency problem typically occur?
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