Discuss 3 of the types of financial services that are offered by financial institutions.
Saving services- is safe storage of funds for future use which they accept money from customers for safekeeping.
Payment service- the ability to transfer money to others when necessary for daily business activities.
Lending services- offered when people, businesses, and governments need to borrow money.
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Intro To Business
- What is the purpose of the Federal Reserve? What are its goals?
- What is the Federal Reserve?
- What is the entry-level salary for an economist with a bachelor's degree? With a master's degree?
- What is the current job outlook for economists?
- What educational background and training is needed for these jobs?
- What kinds of jobs do government economists perform? What about those who work in private industry? In education?
- What issues interest economists?
- SWOT definition; How can it affect a company?
- Describe the steps in the managerial decision making process.
- What are the two component parts of TQM?
- Describe a Democratic Leader.
- What's the difference between a Mission Statement and a Strategic Plan?
- What responsibilities do consumers have in business relationships and what is the most important?
- Describe how the consumer movement came about.
- Discuss how you should evaluate "where to put your savings".
- Discuss a budget? Main purposes of a budget?
- Discuss "credit history" and how its used by lenders?
- Discuss the advantages of using credit and the problems that can occur if credit is not used properly?