Define the following financial terms.

Definitions

Define the following terms using your text or other resources. Cite all resources consistent with APA guidelines.

Term Definition Resource you used
Time value of money
Efficient market
Primary versus secondary market
Risk-return tradeoff
Agency (principal and agent problems)
Market information and security prices and information asymmetry
Agile and lean principles
Return on investment
Cash flow and a source of value
Project management
Outsourcing and offshoring
Inventory turnover
Just-in-time inventory (JIT)
Vender managed inventory (VMI)
Forecasting and demand management

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