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klio [65]
3 years ago
10

A __________ is a profit-seeking organization that receives deposits from individuals and corporations and uses some of these de

posits to make loans.
Business
1 answer:
finlep [7]3 years ago
6 0

Answer:

Commercial bank

Explanation:

A commercial bank accepts cash deposits from the general public and lends a portion of the money as loans to make profits. Commercial banks make profits by charging a high-interest rate on credit issued than the interest rate they offer on deposits. By accepting deposits and lending to other customers, commercial banks act as intermediaries between suppliers and users of credit.

Commercials are profit-making institutions. Although their primary function revolves around accepting deposits and issuing out loans, they also perform other duties such as;

  • Discounting bills of exchange
  • Overdraft facility
  • Agency functions, including payment functions and insurance of letters of credit and checks.
  • General utility services including foreign exchange transactions, underwriting securities, and safe deposits.
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In terms of management levels, managers who make short-term operating decisions and direct the tasks of nonmanagerial personnel
Kryger [21]

Answer: First line manager

Explanation:

 The first line manager basically operate the various types of tasks in the specific department such as assigning the specific task, monitoring and also managing the overall overflow in an organization.

According to the given question, the first line manager is also known as supervisor where they can make the short team decisions and also directing the non-managerial task to the employees in an organization.

Therefore, First line manager is the correct answer.

8 0
3 years ago
True or false: Researchers suggest that the one factor accounting for many of the failures of global teams is ineffective reward
Neporo4naja [7]

This is true. Researchers suggest that  ineffective reward and recognition strategies are factors responsible for the failures.

<h3>What are global teams?</h3>

These are also referred to as the multinational teams. They are the specific type of team that is found in a workforce where the members may be people that are from different places.

By different places, we mean they are from different nations and their cultural backgrounds differ.

Read more on global teams here: brainly.com/question/5392895

7 0
3 years ago
Krasel Corp. exchanges equipment in a transaction that has commercial substance. The original cost of the asset surrendered was
devlian [24]

Answer:

All options are applicable

Explanation:

Upon the exchange of the asset, the cost of the old asset needs to be removed from the asset account by crediting the old asset account with $90,000

On the other hand, the market value of the new asset needs to be debited to new asset account i.e$50,000 and also the accumulated depreciation must debited to accumulated depreciation account.

All in all, the difference between the credit and the debit entries is balancing credit as shown below

Dr New asset                                 $50,000

Dr Accumulated depreciation     $70,000

Cr Old asset                                                   $90,000

Cr gain on asset exchange(bal figure)        $30,000

3 0
3 years ago
Read 2 more answers
When John first starts his job, he rides the bus wherever he goes. However, after one year, John receives a promotion and a pay
vekshin1

Answer:

c. Inferior

Explanation:

Based on the information provided it can be said that this behavior would indicate that to John, a bus ride is an inferior good. This term by definition is a good whose demand decreases when consumer's income rises. Since John received an increased salary with his promotion, he is now able to afford to be able to drive instead of taking the bus. Therefore his demand for taking the bus has drastically decreased.

4 0
3 years ago
Which dimension of project management centers on creating a temporary social system within a larger organizational environment t
xxMikexx [17]

Answer:

Sociocultural

Explanation:

Sociocultural dimension of project management focuses on the organization culture that is set of values, assumptions, behaviors shared by organizational members.

3 0
4 years ago
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