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Lelu [443]
3 years ago
7

Explain the difference between a depository institution and a non-depository institution.

Business
1 answer:
WINSTONCH [101]3 years ago
8 0

Explanation:

First, Depository institution

Institution that collect money from people and pay interest . You may can deposit your cash and withdraw it anytime . If you put longer they pay interest. Interest may be fixed or variable. On other words, from that institution you can send your money to other people ,can get credit or debit card to withdraw or shopping. They gave you loans. Such institution are:

Commercial bank , Saving institution,credit union and so on.

In last remember that those who pay you interest ,give loan facilities, business transaction and collect your money they are Depository. They have 3 types of account for people who want to deposit their money. 1. Current account 2. Saving Account 3. Fixed

Non Depository institution

Where you cannot put your money and withdraw it . You would not get interest. They are intermediary between borrowers and saver. They are:

Mutual funds: where you buy scheme in units. It like investment . Then they pay you bonus and even you can sales it on market. Don't confuse mutual funds collect money from public invest it on market and share their profit.

Insurance companies: they insure your belonginess. They pay when your things goes beyond the normal level. Like. Car theft,goods damage.

Pension fund:

Security firms: investment companies ,broker house.

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You have just started a new web-based business, and now you realize that if you want your company to succeed, you will have to c
kakasveta [241]

Answer: You have <u>just started </u>a new web-based business, and now you realize that if you want your company <u>to succeed,</u> you will have to create at least<u> 10 new products</u> over the next six months. The following organizational characteristics would not help the company to be more <u>creative</u>:

  • Hire only recognized experts, and don’t hire anyone who is <u>eccentric</u>.
  • Run the company like a <u>tight ship</u>.

Explanation:

<u>Creativity </u>is fundamental to the success of any business and today, more than ever, it is key to the survival of companies. <u>Managers can stimulate</u> creativity in all areas of their company and use it to <em>turn ideas into innovations</em> that give the business a competitive advantage. Here are some examples :

  • Focus creativity. (Creativity must focus on the most pressing challenges and problems facing the organization and is stimulated more the greater the number of restrictions we have).
  • Create the conditions to support creativity.
  • Provide stimuli that arouse creativity.
  • Train in tools for thinking differently.

Is important to listen to all ideas even the most craziest ones can log out from the usually and became a good tool for the company, that is why also eccentric kind of people must be hired to work on creative products.

4 0
3 years ago
Type the correct answer in the box. Spell all words correctly. What is the first step taken by the management team in any indust
jarptica [38.1K]

Answer:

plan

Explanation:

planning is the first step,for every business to succeed there must be planning

4 0
3 years ago
A sole proprietor has ______ personal liability for all business debts and obligations.
andreev551 [17]

A sole proprietor has unlimited personal liability for all business debts and obligations.

<h3>Who is a sole proprietor?</h3>

A sole proprietor is the owner of a sole proprietorship. A sole proprietorship is a type of business that is owned by one person.

A sole proprietor and the business are regarded as a single person under the law. Thus, a sole proprietor has an unlimited liability. An unlimited liability means that in event of default, both the e property of the business and the sole proprietor can be seized.

To learn more about  sole proprietorship , please check: brainly.com/question/1428023

#SPJ1

4 0
1 year ago
Oahu Industries' average total assets for the year are $4,000,000, its average total stockholders' equity for the year are $3,00
Mandarinka [93]

Answer:

20%

Explanation:

Return on assets is a profitability ratio that shows how much in net income a company is able to generate from its assets.

It is a financial measure that shows the net profit a company is able to generate per $1 invested in assets.

Mathematically,

Return on asset = net income/average total asset

= $800,000/$4,000,000

= 0.2

= 20%

This means that the company's management is a to generate a net income of 20 cents for every $1 invested in assets.

8 0
3 years ago
PLEASE HELP ASAP!!!! CORRECT ANSWERS ONLY PLEASE!!!!
daser333 [38]
C. Opening a bank. 

Because your opening up an bank account, therefore you not using any kind of money, or credit. UNTIL you put something inside the account. 

6 0
3 years ago
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