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4vir4ik [10]
3 years ago
5

Economists group commercial​ banks, savings and loan​ associations, credit​ unions, mutual​ funds, mutual savings​ banks, insura

nce​ companies, pension​ funds, and finance companies together under the heading financial intermediaries. What function do financial intermediaries​ perform?
Business
1 answer:
exis [7]3 years ago
4 0

Answer:

Financial intermediaries act as a medium between agent with surplus funds and agents in need of funds.

Explanation:

Financial intermediaries are a type of financial institutions. They perform a number of important functions for the financial market and the economy as a whole. Examples of financial intermediaries are commercial banks, mutual funds, pension funds, etc.  

The main function of financial intermediaries is to connect borrowers and lenders. They ensure the flow of funds from surplus areas to deficit areas. Indirectly, they help in economic growth as they provide funds for investment.

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What does it mean to set up an ""automatic deposit"" and why is this a good savings strategy?
Anna71 [15]

Answer:

It is an Eletronic Payment Method

Explanation:

An automatic deposit is a payment processing option where funds are deposited directly into the recipients' bank account. It is an electronic service applied in paychecks, tax refunds, and pensions. Individuals can set up such a service with their banks or employers.

As a saving strategy, an employee instructs the employer to make automatic payments to their savings account. The employee will decide the amount they want to save. The amount is deducted from their pay and send to their savings account. Business people can also instruct their bank to deduct a certain amount from the business account and send it to their savings account.

This strategy is suitable for saving because it's efficient. The amount meant for savings will not be available for other purposes. The automatic deposit system ensures the amount intended for saving is saved.

5 0
3 years ago
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saw5 [17]

Answer:

Job analysis

Explanation:

Many organizations carry out what is called job analysis. It entails spelling out the job functions, skills, experience and knowledge required to perform the job. It is important to analyze the skills required to perform a job because such would afford an organization to have directions in terms of matching skills with work.

Also, organizations analyze jobs to confirm that it is line with the company's current goals and objectives instead of a job that does not go in line with a company's current structure.

6 0
3 years ago
What are four positive aspects of franchising for a business start-up? Why are they important ? .
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3 0
3 years ago
A farmer and a meatpacker use the commodity markets to reduce their risk. One agrees to buy live cattle in the future at a fixed
VLD [36.1K]

Answer:

A farmer is the one that owns the cattle and is ready to sell it on the market demand, while the meatpacker is the one who buys the product and sells it in different parts to the end consumers.

Since they both are using the commodity market to reduce the risk, the farmer will be the one who agrees to sell the cattle in the future at a fixed rate, while the meatpacker will be the one who agrees to buy the cattle in the future at a specified price fixed by him.

Hope this helps. ThankYou.

3 0
3 years ago
The decision to innovate
sukhopar [10]

Answer:

D hope that helps you out

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3 years ago
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