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Lady_Fox [76]
2 years ago
8

What is the difference between asset management and wealth management

Business
1 answer:
ladessa [460]2 years ago
8 0

Answer:

here is ur answer

Explanation:

wealth management comes down to what services you need. Asset management is about choosing and managing investments. Wealth management, on the other hand, looks more broadly at a person's financial life and portfolio. Some financial advisors do both, allowing you to hire just one person for the job.

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In a word document, conduct a cost-benefit analysis where you write all of the costs (monetary and non-monetary) and compare the
sineoko [7]

It should be noted that cost-benefit analysis is the way to compare the costs and benefits of a project expressed in monetary units.

<h3>What Is a Cost-Benefit Analysis?</h3>

A cost-benefit analysis is the systematic process which businesses use on order to analyze which decisions to make and the ones that will be forgo. The cost-benefit analyst simply sums the potential rewards that are expected from a situation and then subtracts the total costs that are associated with taking that action.

The major steps in a cost-benefit analysis

  • Specify the set of options.
  • Decide whose costs and benefits count.
  • Identify the impacts and select measurement indicators.
  • Predict the impacts over the life of the proposed regulation.
  • Monetize and place dollar values on impacts.

Before the class goes on a field trip to Walt Disney World in Orlando, it's important to conduct a cost-benefit analysis that will be used to evaluate all the potential costs and the revenues which the class might generate from the project.

Then, the outcome that is gotten from the analysis will determine whether the project will be financially feasible or whether the company can pursue another project.

Learn more about cost-benefit analysis on:

brainly.com/question/12530168

#SPJ1

7 0
2 years ago
In the​ video, Walmart's creation of small retail stores that offer the convenience customers​ can't find in​ Walmart's larger s
Tresset [83]

Answer: THREAT OF SUBSTITUTE PRODUCTS.

Explanation:Porter's model was developed by a Harvard business school Lecturer known as Michael E. Porter in 1979. Michael E. Porter developed a Five Forces model that identifies and analyzes five competitive forces that shape every industry, and determines an industry's weaknesses and strengths.

The five competitive forces are as follows;

COMPETITIVE RIVALRY which determines the strength and number of your competitors.

SUPPLIER POWER which determines the uniqueness of the supplies given to you by your suppliers and the number of suppliers you have etc.

BUYER POWER which evaluates how many buyers you have,how easy it is for them to buy your products etc.

THREAT OF SUBSTITUTION which evaluates how easy it is for your buyers to buy another substitutes to your product etc.

THREAT OF NEW ENTRY which evaluates the ability or easy access of new products to penetrate the market,how well you are to maintain your strength etc.

4 0
3 years ago
What is an advantage of using a comparsion method of assesment ?
stepan [7]
B (sorry if its wrong!!)
5 0
2 years ago
Titania is a country characterized by a high-context culture. This implies that ________. Select one: a. the people of Titania t
Lyrx [107]

Answer:

The correct answer is letter "D": personal relations and goodwill are valued in Titania.

Explanation:

High-context cultures are those that rely on non-verbal and implicit communications. It makes interpersonal relationships and traditions essential to understand what they are trying to transmit. In such cultures, goodwill is highly valuable, as well. Countries like Japan and China are considered high-context cultures.

3 0
2 years ago
What are the eight differences between personal selling (direct contact) and non-personal selling (indirect contact, such as Int
Julli [10]

Answer:

internet banking facility

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3 years ago
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