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Which of the following statement is not true? Financial instruments and markets ensure the eperation of a market ecenomi, improve resource alloc ation, reduice miks,
Which of the following statement is not true? Financial instruments and markets ensure the eperation of a market ecenomi, improve resource alloc ation, reduice miks, and create liquidity. Hospitality businesses, large and wall alike, are chablenged by financial instruments and markets tremendously to survhe. For example, call stock options are often used to align interests between hospitafity business cwners and managers, futures contracts are utilized to hedge commodity price fluctuations, and swaps are employed to manage expected risks. The stock market and bond market offer hospitality companies opportunities to acquire large amounts of capital; whilie foreign. exchange, commodities futures contracts, and other derivatives provide hospitality companies opportunities to manage risks
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