All categories

3 years ago

What is true about credit unions?

Business

2 answers:

Vesnalui [34]3 years ago

8 0

<span>All of the above are true.</span>

Alexandra [31]3 years ago

6 0

Answer: All of the above are true.

Explanation:

Credit unions refer to a financial institution owned by a group of people who are connected by common bond in order to provide traditional banking system. They offer savings account and are established to promote the well-being of their members. The profits generated by them are given back to the members in the form of reduced fees, higher savings rates and lower loan rates. The money saved in the savings account is used for providing loans to other members. The interest which they charge on loans to members is used to generate income for the credit union.

You might be interested in

Suppose you are a manager of a firm that operates in a duopoly. Recently, the state attorney general fined you and your competit

OLEGan [10]

Answer:

$7.79

Explanation:

The price level that should be choose in order to maximize the profit is $7.79

As when there is a price fixing that lies between the two rivalrs so if one rivalr select to fix the price it should not be more than the rivalr marginal cost i.e. price and it is more than the price .

here the price fixing is $10 so the price level would be less than the rivalr price and more than the marginal cost

Therefore it is $7.79

7 0

3 years ago

a human resource professional comes up with a new way to recruit candidates for international positions that will result in more

LiRa [457]

The key to creating novel ideas is originality. A human resources professional devises a novel method of candidate recruitment.

<h3>What does it mean to recruit candidates?</h3>

The practice of constantly pursuing out, locating, and employing individuals for a certain post or career is known as recruitment. The whole hiring process, from the first stages to the recruit's absorption into the business, is covered by the term of recruitment.

<h3>Why is finding candidates crucial?</h3>

Businesses must hire employees. Finding qualified people for open positions, adapting to change, lowering attrition, and boosting morale are all made easier for organizations. Businesses can guarantee they have the staff they require for success by investing in recruitment.

To know more about candidates visit:

brainly.com/question/28463107

#SPJ4

3 0

1 year ago

Prior to the 1870s, both gold and silver were used as international means of payment and the exchange rates among currencies wer

SashulF [63]

Answer:

the exchange rate between U.S. dollar and German mark be under this system will be of 3 U$D = 1 german mark

Explanation:

We will use gold and silver as a mean to equalize both currencies:

<u>First equivalence between silver and gold:</u>

90 francs = 1 ounce of gold

9 franc = 1 ounce of silver

90/9 = 10 ounce of silver equals 1 ounce of gold.

<u>Now, we convert the german mark to gold:</u>

1 german mark = ounce of silver

10 german mark = ounce of gold.

<u>Finally, we equalize with the US dollars:</u>

30 dollar = ounce of gold = 10 german mark

30 dollars = 10 german mark

3 dollars = 1 german mark

4 0

3 years ago

The standardization strategy uses __ marketing activities across national boundaries whereas the adaptation strategy uses a ____

nadezda [96]

Answer:

The correct answer is letter "C": similar; differentiated strategy.

Explanation:

The advertisement of a product can be shaped according to the region where the good or service will be offered whereas, in some other cases, changes in marketing can be minimal or null. In such scenarios, the standardization approach uses the same marketing method for every country where the company has a presence. This will only work if consumers worldwide have similar needs and preferences.

The differentiated strategy, instead, links customers' expectations, patterns, and cultures with the marketing processes of the firm. This approach aims to give a tailored good or service to different consumers and is mostly used.

8 0

3 years ago

Barney bought a small retail business a month ago. He plans to advertise it with the help of billboards and flyers to attract cu

disa [49]

Answer:

The answer is A. non-operating expense

Explanation:

As he operates a retail shop, such advertising is vital to attract customers to the shops and to make potential sales. We can't treat this expenses as administration or production expenses.

We consider this as non operational because advertising is not an operational part of the operations of a retail business. Moreover, we can't consider it as selling expenses because they are mostly incurred during the sales process.

6 0

3 years ago