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GrogVix [38]
3 years ago
13

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.

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Howe Corporation calculates inventory and cost of goods sold one time at the end of every accounting period. In contrast, Kelty
Mariana [72]

The difference is only in the strategy the company wants to use. For some market segments calculating the cost of goods sold by the permanent or periodic method may be more advantageous and allow a better monitoring of business efficiency and profitability. Companies often choose the method that best fits their organizational strategy. The periodic method, for example, as used by Kelty Industries, can be useful for greater input and output control, process optimization, consumer behavior assessment, and other advantages. But if Howe and Kelty wanted to change the calculation method, it would not affect anything, as the result would be the same regardless of the calculation, periodic or daily.

3 0
4 years ago
Bad publicity associated with massive layoffs is an example of _________. Group of answer choices competitive rivalry exit barri
Zielflug [23.3K]

Answer:

Exit Barriers

Explanation:

Exit barriers are obstacles mitigates a company from leaving a market in which considerations are made in stopping operations or from which it wishes to separate from. They are things that hinders an organization from exiting a market. Barriers associated with exit barriers may include emotional barriers such as massive layoffs, desire to recoup and so on. Other exit barriers include strategic interrelationship and specialized assets and governments and social restrictions.

7 0
4 years ago
The ocean is an excellent example of a shared resource that can easily be abused and degraded because it’s shared by many differ
ahrayia [7]

Answer:

The answer is Problem Collective.

Explanation:

Simply,

Problem collective, or a Collective action problem is a shared problem that can be cooperated and solved collectively by those who are affected by it but they fail to do so because of their "Conflicting Interests."

Conflicting interests means that the goals of each country/individual are different and in order to come to a productive conclusion, each nation/individual has to make sacrifices and changes to their objectives. But as it doesn't happen, the problem persists and gets worse eventually.

4 0
4 years ago
In business, a message written to right a wrong is called a claim. Straightforward claims are those where the receiver is expect
REY [17]

Answer: A clear statement of the problem

Explanation:

The opening of a direct claim message should clearly state the problem that you would like to be addressed by the receiver and would set the tone for the rest of the message.

Claim messages are formal messages and as such, should be clear and concise so that the message is communicated effectively and there is a lesser chance of the message being misread. This is why the message should be clearly stated, so that the receiver understands it and responds in kind.

5 0
3 years ago
A formal rotational program makes talent assessment easier for all of the following reasons except:______ A. Change assignments
Rainbow [258]

Answer:

Short-term operational efficiency

Explanation:

A formal rotational program is when employees of a firm are rotated among the different departments in an organisation according to a schedule.

A disadvantage of this program is that the company only gets to observe employees for a short period of time. This time might not be sufficient to determine the talent of the employee in a department. Also, the employee might show efficiency in a particular department in the short term but if left for a longer period, the employee might in fact be inefficient in that department.

4 0
4 years ago
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