UNDERSTANDING BUSINESS: SIMNET >IC<
UNDERSTANDING BUSINESS: SIMNET >IC<
12th Edition
ISBN: 9781307367065
Author: Nickels
Publisher: MCG/CREATE
bartleby

Concept explainers

Question
Book Icon
Chapter 20, Problem 4CT
Summary Introduction

To think critically about: The comparison between banks, S&Ls and credit unions in terms of advantages and best loan values also the savings facility being offered.

Introduction: Banks are the organizations that operate for making profits by earning through the borrowers and paying to the depositors.

Savings and loan associations provide saving facilities to people in addition to providing home mortgage loans to individuals.

Credit unions are not for profit organizations that are owned by the members, providing same facilities as are provided by the banks.

Blurred answer
Students have asked these similar questions
Not use ai please
Question 7 (1 point) positive organizational ideology can encourage creativity and open dialogue among employees. True False Question 8 (1 point) Power dynamics have no significant impact on communication practices within a business. True False
Question 5 (1 point) Top-down communication involves the flow of information from lower-level employees to higher-level management. True False Question 6 (1 point) Informal communication systems in organizations are also known as the grapevine. True False
Knowledge Booster
Background pattern image
Management
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Text book image
Foundations of Business - Standalone book (MindTa...
Marketing
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning