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Why managers taking risk in management in any financial institution?
Wiki User
∙ 13y ago
Risk taking is the part of the management duties, because without risk there can be no profit as the old saying goes: "High Risk High Profit, Low Risk Low Profit"
But in the financial institutions where there is a transactions are about millions of dollars or thousands of dollars, management has to anticipate and take the proactive measures to invest the money.
But approximately all the risk which are taken are measured risks.
Wiki User
∙ 13y ago
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What do you mean by financial institution department?
An establishment that focuses on dealing with financial transactions, such as investments, loans and deposits. Conventionally, financial institutions are composed of organizations such as banks, trust companies, insurance companies and investment dealers. Almost everyone has deal with a financial institution on a regular basis. Everything from depositing money to taking out loans and exchange currencies must be done through financial institutions.
The meaning of repossession?
Repossession is generally used to refer to a financial institution taking back an object that was either used as collateral or rented or leased in a transaction.
What do you see in a bank?
In a bank, taking a "bank" to mean a mound of earth, you see plants, soil and small animals. In a bank, taking a "bank" to mean an financial institution, you see people, desks, machines and counters.
What is the interest on 15000 for one year?
That will depend on the bank or other financial institution you are dealing with and whether you are investing or taking a loan. So it could be many different rates. So there is no single answer.
Why do you choose finance?
Career opportunities: Finance is a highly sought-after field that offers numerous career opportunities in fields like investment banking, financial planning, and management. Money management skills: Studying finance can help individuals develop strong money management skills, and make informed decisions about personal finances. Understanding of financial markets: Taking a finance course provides a comprehensive understanding of the financial markets, how they work and how to navigate them. Problem-solving skills: The field of finance requires critical thinking and problem-solving skills, which are valuable in various career paths and everyday life. Potential for high earning: Many finance-related careers offer high salaries and opportunities for career advancement. One of the best institution that provide high-quality education is Tapasya Educational Institution.
Different between non deposit taking institution and deposit taking?
NBFC stands for Non-Banking Financial Company. It is a company that provides financial services to customers but does not accept customer deposits and provide deposit accounts (like savings account, checking account etc.) A Bank is a deposit taking institution that provides banking and financial services to customers.
What is the difference between program management and project management?
Program Management is the management (non-technical) of several projects at the same time taking into consideration their interdependencies as well the organization's goal. Program Managers deal with Project Managers, as well as upper management/high profile stakeholders.Project Management is usually about managing one project and getting that project done. Project Managers deal directly with resources.
Should a Charitable institution seek profit?
A Charitable institution needs to be able to fund its operations in the face of variable income and occasional hard times. To do that it needs to accumulate a financial reserve and that requires taking in a bit more than it sends out. It may not be called a "profit" but it performs the same function in the financial life of the institution. The primary difference between this and a truly for profit institution is that besides salaries no individual or group of shareholders owns that extra and it stays under the control of the management.
Explain management information system taking university as an example?
financial accounting system
What do you mean by financial institution department?
An establishment that focuses on dealing with financial transactions, such as investments, loans and deposits. Conventionally, financial institutions are composed of organizations such as banks, trust companies, insurance companies and investment dealers. Almost everyone has deal with a financial institution on a regular basis. Everything from depositing money to taking out loans and exchange currencies must be done through financial institutions.
Can I get a scholarships for online financial management courses?
I don't know if these are best, but Kaplan university could be of great help when taking some financial management courses. Elm college could be another place to go to.
Who would benefit from taking a strategic management class?
Many kinds of people can benefit from a strategic management class. For example, a business owner can benefit greatly. Managers and organization officers will also benefit.
The meaning of repossession?
Repossession is generally used to refer to a financial institution taking back an object that was either used as collateral or rented or leased in a transaction.
What do you see in a bank?
In a bank, taking a "bank" to mean a mound of earth, you see plants, soil and small animals. In a bank, taking a "bank" to mean an financial institution, you see people, desks, machines and counters.
What is the difference between general purpose financial reports and special purpose financial reports?
General purpose financial reports are a common set of reports issued by most companies. Special purpose financial reports are specific reports related to individual events.
What is the interest on 15000 for one year?
That will depend on the bank or other financial institution you are dealing with and whether you are investing or taking a loan. So it could be many different rates. So there is no single answer.
How is statistics applied in management?
Statistics has huge application in business and these are used to help in taking managerial decisions by the managers. Moreover, there are many statistical formulas which make too much convenience in taking managerial decisions. They are also helpful in calculating GDP of a business or state.
