1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Oliga [24]
3 years ago
11

What is true about credit unions?

Business
1 answer:
DochEvi [55]3 years ago
8 0
What is true about credit unions is that <span>they are generally member-owned.
</span>Even in the definition of a credit union it says that:
<em>A credit union is a member-owned financial cooperative, democratically controlled by its members, and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members - </em>taken from Wikipedia.

You might be interested in
in the course of creating an effective business message, excellent business thinkers are most likely to quizlet
Dmitry_Shevchenko [17]

In the course of creating an effective business message, excellent business thinkers are most likely to: identify and articulate key questions and problems.

<h3>What is a business strategy?</h3>

A business strategy can be defined as a set of guiding principles, actions, policies, and decisions that a business organization strategically combines, so as to successfully achieve its goals, objectives, attract potential customers and possess a competitive advantage over its rivals in the industry.

<h3>The types of business strategy.</h3>

Generally, there are four (4) main types of business strategy and these include the following:

  1. Organizational (Corporate) strategy.
  2. Business (Competitive) strategy.
  3. Functional strategy.
  4. Operating strategy.

In Business management, it is very important for excellent business thinkers to identify and articulate key business questions and problems that have the potential of affecting a business.

Read more on business strategy here: brainly.com/question/17130109

#SPJ1

Complete Question:

In the course of creating an effective business message, excellent business thinkers are most likely to Multiple Choice

begin jotting down a rough draft right away to capture their ideas.

encourage one-way linear thinking and a rigid approach to business problems.

avoid using the other-oriented tone in their text.

identify and articulate key questions and problems.

make well-reasoned conclusions and solutions

6 0
1 year ago
which of the following would most likely have caused the production possibilities frontier to shift outward from a to b? group o
Anna71 [15]

General technological advance is most likely to cause the production possibilities frontier to shift outward from a to b.

Technology has always been vital for organisations, but in recent years, that importance has increased significantly. By definition, technology is the practical application of scientific knowledge, and it is obvious that in order for businesses to remain competitive, they must adopt new technologies. The importance of new technology for organisations can be attributed to a number of factors. First, firms can improve their production and efficiency by utilising modern technologies. This is so that workers may concentrate on other duties because new technologies sometimes automate operations that were previously performed manually. Additionally, by lowering their dependency on costly manual labour, new technology can assist firms in saving money. Finally, firms can frequently access new markets and clients thanks to new technologies.

Learn more about technological advance here:

brainly.com/question/8798227

#SPJ4

8 0
1 year ago
Rico Petricelli Industries invests $960,000 in plant assets with an estimated 10-year service life and no salvage value. These a
Nesterboy [21]

The payback period for this Rico Petricelli Industries' investment is 6 years.

Data and Calculations:

Cost of investment in plant assets =$960,000

Estimated useful life = 10 years

Estimated salvage value = $0

Annual depreciation = $96,000 ($960,000/10)

Annual net income = $64,000

Annual cash net inflow = $160,000 ($64,000 + $96,000)

Payback period = 6 years ($960,000/$160,000)

Thus, to compute the payback period as 6 years, add the annual depreciation to the annual net income to obtain the annual cash net inflow.  Then divide the cash outlay ($960,000) by the product above.

Learn more: brainly.com/question/17109529

5 0
2 years ago
"revenues from an unrented hotel room are lost forever" refers to which characteristic of services?
Slav-nsk [51]
<span>Perishability of the service sector. Perishability occurs because services cannot be stored for sale in the future. An empty seat in a plane can't be utilized after takeoff; a restaurant will have to serve fresh food because the previous food would be spoilt. There are many factors that causes service capacity perishability but demand seem to be the chief factor. Demand can vary by the season, time, and cycle; it is quite difficult to forecast sales. Once a service is lost, it is forver lost. And this is because like I said earlier most services cannot be stored, saved, retrieved, once they have been un-used. On a bad day, If a hotel manager end up with too many staff or few bookings. This, of course, means that he will be making losses because revenues from his unrented hotel room are lost forever.</span>
5 0
3 years ago
Describe for me what a URL is and its purpose?*
klemol [59]

Answer:a url is the address of a World Wide Web page. A URL is a unique identifier used to locate a resource on the internet. It is also referred to as a web address. URLs consist of multiple parts including a protocol and domain name that tell a web browser how and where to retrieve a resource.

Explanation:

4 0
3 years ago
Read 2 more answers
Other questions:
  • How much money do a bank make daily
    11·1 answer
  • Finishing Touches has two classes of stock authorized: 8%, $10 par preferred, and $1 par value common. The following transaction
    7·1 answer
  • In a competitive market, every consumer willing to pay the market price can buy a product and every producer willing to sell the
    13·1 answer
  • You find a certain stock that had returns of 16 percent, −9 percent, 23 percent, and 24 percent for four of the last five years.
    8·1 answer
  • Using Toyota's formula, you are trying to determine the number of parts per kanban. Here is what you know. Demand for the part i
    14·1 answer
  • A company has preferred stock with a current market price of $18 per share. The preferred stock pays an annual dividend of 4% ba
    14·1 answer
  • The number of units expected to be sold is uniformly distributed between 300 and 500. If r is a random number between 0 and 1, t
    9·1 answer
  • John developed a food additive that replaces processed sugars. He granted the right to use this additive to a major cereal manuf
    11·1 answer
  • An economy enters an expansion and GDP increases from $34,000 to $40,000. What is the percent change in real GDP? Round your ans
    15·1 answer
  • What do intentional torts, negligence, and strict liability have in common?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!