Equifinality and Exchange: Difference between pages

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1. ''Competitive advantage''.
1. ''Investment - trading.''


Equifinality means that there are different, and equally valid, routes to reach the same end result.
A traditional exchange is an open and organised marketplace in which commodities, securities or other financial instruments are traded.


In business, equifinality means that firms can establish similar competitive advantages based on substantially different competencies.
Examples include stock exchanges such as the London Stock Exchange.




2. ''Organisational management''.
2. ''Investment - trading - other intermediaries.''


In the organisational context, equifinality means that there is no single optimal structure for achieving organisational effectiveness.
More broadly, any intermediary that facilitates a broad range of economic activities, and including intermediaries that may be less well-organised, and less secure for participants.


This also promotes the importance of diversity of thought as a key aspect of organisational diversity.
For example, cryptoasset exchanges.




3.
3. ''Foreign currency.''


Similar concepts applied in many other fields.
Relating to transactions between different currencies.
 
 
4. ''Financial and commercial transactions.''
 
Relating to a two-way flow of money or other value.
 
Contrasted with a one-way flow, such as a remittance.




== See also ==
== See also ==
* [[30% Club]]
* [[Commodity]]
* [[Affinity bias]]
* [[Cryptoasset exchange]]
* [[BAME]]
* [[Exchange controls]]
* [[Board of directors]]
* [[Exchange creditors]]
* [[Competition]]
* [[Exchange-for-value system]]
* [[Corporate governance]]
* [[Exchange rate]]
* [[Corporate social responsibility ]]
* [[Exchange traded]]
* [[D&I]]
* [[Exchange Traded Commodity]]
* [[Developments in corporate and market regulation: implications for the treasurer]]
* [[Exchange-traded funds]]
* [[Diversification]]
* [[Financial instrument]]
* [[Diversity]]
* [[Foreign currency]]
* [[ESG investment]]
* [[Foreign exchange]]
* [[Ethics]]
* [[Intermediary]]
* [[Governance]]
* [[Remittance]]
* [[Kay Review]]
* [[Security]]
* [[Institute of Business Ethics]]
* [[Stock exchange]]
* [[Market environment matrix]]
* [[World Federation of Exchanges]]
* [[Shareholder value]]
* [[TIMTOWTDI]]
* [[UK Corporate Governance Code]]


[[Category:Commercial_drive_and_organisation]]
[[Category:Influencing]]
[[Category:Self_management_and_accountability]]
[[Category:Working_effectively_with_others]]
[[Category:Planning_and_projects]]
[[Category:The_business_context]]
[[Category:The_business_context]]
[[Category:Ethics]]
[[Category:Investment]]
[[Category:Treasury_operations_infrastructure]]
[[Category:Financial_products_and_markets]]

Revision as of 12:13, 16 November 2021

1. Investment - trading.

A traditional exchange is an open and organised marketplace in which commodities, securities or other financial instruments are traded.

Examples include stock exchanges such as the London Stock Exchange.


2. Investment - trading - other intermediaries.

More broadly, any intermediary that facilitates a broad range of economic activities, and including intermediaries that may be less well-organised, and less secure for participants.

For example, cryptoasset exchanges.


3. Foreign currency.

Relating to transactions between different currencies.


4. Financial and commercial transactions.

Relating to a two-way flow of money or other value.

Contrasted with a one-way flow, such as a remittance.


See also

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