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pentagon [3]
3 years ago
8

Finance companies have enjoyed very high rates of growth because they:________.

Business
1 answer:
Wittaler [7]3 years ago
8 0

Answer:

a. are willing to lend to riskier customers than commercial banks.

Explanation:

Financial companies are those companies which loan funds to individuals and businesses.

Unlike commercial banks who lend funds only to highly credit worthy customers, financial companies are liberal in their lending and are willing to finance riskier projects and extend credit to individuals with low credit rating.

As a consequence of assuming higher risk than banks, such companies also charge a higher rate of interest than banks.

Owing to above, finance companies enjoy higher rate of growth.

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The National Bank Act of 1864 established the national banking system in the United States. The Act still governs U.S. national
Andrew [12]

Answer:

The answer is True

Explanation:

4 0
4 years ago
On average, managers spend the least amount of time doing which managerial activity?
Aleks [24]

On average, managers spend the least amount of time doing the managerial activity is networking.

What is networking?

Networking is the technique  of making connections with respect  of the business environment. Managers very often  get involved in developing  relationships and making their own networks. They are accountable for monitoring and completing the given task in an effective  way. So, they basically  focus on many managerial activities like decision-making, planning things, communicating the required information, managing employees, etc.

Which managerial function is the most important?

The  most important function of management is Planning. Planning means  setting objectives in order to achieve , a goal in a limited time period .Several alternatives are formulated in order to achieve the goals.

Learn more about managerial activity:

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6 0
1 year ago
What is the immigration policy in the United States?
timofeeve [1]

Immigration to the United States is based upon the following principles: the reunification of families, admitting immigrants with skills that are valuable to the U.S. economy, protecting refugees, and promoting diversity.

3 0
4 years ago
Read 2 more answers
Jerome's Italian Pizza is in a very competitive industry, and its upper management believes that it can achieve higher profits b
Troyanec [42]

Answer:

That statement is true

Explanation:

Strategic goal is the type of goal that is carefully designed to accomplish a business strategy, This type of goals need to express the desired outcome that wanted be achieved and listed a specific set of actions that can make the company achieve that outcome. Strategic goal commonly created when a company want a more concrete way to measure its success compared to other competitors.

This can be seen in Jerome's italian pizza.

"Increase profits by 15% a year for each of the next five years" is  what considered to be the desired outcome.

lowering costs and prices, providing quicker delivery, and providing good customer service are the Sets of action that the company intended to take.

3 0
4 years ago
Dragon Autos Inc., an automobile company based in the country of Bear Island, made a capital investment of $300,000 to set up pr
Irina18 [472]

Answer:

Foreign direct investment

Explanation:

Foreign direct investment (FDI) refers to a situation where a firm from country A invests in business in country B. Generally speaking FDI takes place when a firm acquires at least 10% of a business in another country.

In this case Dragon Autos is a company that is based in Bear Island (country A) that is investing $300,000 in the country of Westerland (country B).

FDI amounts to $253.6 billion in the US economy.

5 0
3 years ago
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