Word of the Day
Today’s WhatIs.com Word of the Day is SWOT analysis, a framework for identifying and analyzing the internal and external factors that can have an impact on the viability of a project, product, place or person.
“[A SWOT analysis] challenges you to see beyond your company walls to determine what opportunities are open for your company and how to capitalize on your strengths.” — Darrell Zahorsky
What international business standard requires financial institutions to maintain enough cash reserves to cover risks incurred by operations?
b. Basel II
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