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Levart [38]
3 years ago
15

How is a credit union different from a retail bank

Business
2 answers:
a_sh-v [17]3 years ago
7 0
Credit unions are not-for-profit financial cooperatives. Whose earnings are paid back to members in the form of higher saving rates and lower loan rates.Banks are for profit businesses with earning paid to stockholders only.
klemol [59]3 years ago
7 0

Answer:

Credit union: Nonprofit making institution

Retail bank: profit making institutions

Explanation:

Credit unions are mainly nonprofit making institutions that gives back earnings back to it's members in a form of saving rates.

Retail banks are financial making institutions that gives back its earnings back to customers with accumulated interests.

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One would be getting out of credit card debt. 
<span>another would might be having a savings account in case you lose a job.</span>
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3 years ago
A company's total marketing communications mix consists of a special blend of advertising, sales promotion, public relations, pe
marusya05 [52]

Answer:

A. the promotion mix

Explanation:

3 0
3 years ago
What makes a project productive? What makes a project counterproductive? Explain.
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Answer:

Productive projects mean people are benefitting from the projects, a counterproductive project would mean resources are being wasted and no one is benefiting. When property rights are well defined and enforced, businesses in a market economy will then have a strong incentive to undertake productive projects.

Explanation:

3 0
4 years ago
A firm uses a standard costing system and allocates variable overhead costs based on direct labor hours. The annual budget proje
DENIUS [597]

Answer:

Your answer is given below:

Explanation:

Statement showing Computations  

         Paticulars                                                                             Amount

Variable overhead cost per unit =100,000/1,000                   100.00

Standard Variable overhead for 750 Units = 750 * 100             75,000.00

Actual Variable overhead             75,000.00

Variable overhead spending variance= Standard VO - Actual VO  

Variable overhead spending variance= 75,000 - 75,000  

Variable overhead spending variance= 0

8 0
3 years ago
Imagine that businesspeople from a high-context culture (e.g., Japan or China) meet their counterparts from a low-context cultur
tino4ka555 [31]

Answer:

As per Chegg guidelines .

Explanation:

For a high-context culture, the social environment or social context has more importance than the words being spoken. This means that in a high context culture, low-contex culture is not as important as the nonverbal communication, because nonverbal communication has more importance . For the high-context culture, a contract is just a beginning point for negotiations in closing the deal. Signing of the contract does not necessary means closing of the business deal. Some of the examples of high-context cultures are China, most Arab countries, Latin America, most African countries, most other Asian countries, and Italy. In reality, most cultures fall somewhere along a continuum, or sliding scale, in their perception of the importance of context (with high and low being the end points of the continuum

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3 years ago
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