Try the fastest way to create flashcards
Question

How well do financial institutions serve our needs? Imagine that after many years of service, you become the manager of the bank that serves the neighborhood in which you grew up. Your responsibility to the bank is to increase its profits. However, you also want to do good works in your community . Using the worksheet

Solution

Verified
Answered 2 years ago
Answered 2 years ago
Step 1
1 of 2

Our task is to suppose that we became the bank manager after many years of consuming the bank's services.

a.

The first services we would introduce are:

  • fast, inexpensive, and easy credit for the young ones, so they become loyal to our bank, knowing that we are always here for their needs since their maturity

  • very inexpensive credit option with a lot of understanding for old people who were our customers for many years, as a sign of gratitude.

  • car loan at a discount for those who already took housing credit at our bank

Create a free account to view solutions

Create a free account to view solutions

Recommended textbook solutions

Economics 1st Edition by Arthur O'Sullivan, Grant Wiggins, Steven M. Sheffrin

Economics

1st EditionISBN: 9780133186543 (3 more)Arthur O'Sullivan, Grant Wiggins, Steven M. Sheffrin
890 solutions
Principles of Economics 8th Edition by N. Gregory Mankiw

Principles of Economics

8th EditionISBN: 9781305585126 (8 more)N. Gregory Mankiw
1,359 solutions
Statistics for Business and Economics 14th Edition by David R. Anderson, Dennis J. Sweeney, James J Cochran, Jeffrey D. Camm, Thomas A. Williams

Statistics for Business and Economics

14th EditionISBN: 9781337901062 (1 more)David R. Anderson, Dennis J. Sweeney, James J Cochran, Jeffrey D. Camm, Thomas A. Williams
1,772 solutions
Cambridge IGCSE Business Studies 4th Edition by Karen Borrington, Peter Stimpson

Cambridge IGCSE Business Studies

4th EditionISBN: 9781444176582Karen Borrington, Peter Stimpson
686 solutions

More related questions

1/4

1/7