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Q: What is an organization that provides products or services usually to make money?
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What products do the SC federal credit union provide?

SC Federal Credit Union provides loans on reasonable terms to people who may not be able to get a loan from a bank. The loans are usually of relatively small amounts.


What is optional products package on my mortgage bill?

An optional products package on a mortgage bill is usually a sales promotion by the lender for services like supplemental mortgage life insurance, bi-weekly payment servicing or disability insurance. Lenders feel they have a captive market with their existing customers and include these types of promotions to sell additional products. You are not required to use them and in fact, the practice has come under scrutiny by regulatory agencies for misleading and deceptive sales practices. Before electing to use any of the optional services shown on the bill, be sure to shop and compare the same services with outside vendors to compare costs and features.


Who usually provides funds for the early stages of a start-up business?

Banks


Does savings and loans at a bank have interest rates?

Yes. All services provided by banks like savings accounts, fixed deposits, loans etc have interest rates. Usually the rates on deposit products are much lower than the rates on loans. The banks makes a profit based on the difference in interest rates between these two products.


What are role of non financial institutes?

A Non Banking Financial Institution is one that provides all forms of financial services to its customers except accepting deposits or providing bank accounts to them. They usually provide investment advise, share trading and other financial services to their customers. Some NBFI's even go ahead and convert into full fledged banks after a few years in existence

Related questions

Sales department functions?

The sales department functions as the primary selling force of a company or organization. They usually promote, market and sell the products or services and overcome objections to sales.


Which three statements best describe local area network choose three?

A LAN is usually in a single geographical area. The network is administered by a single organization A LAN provides network services and access to applications for users within a common organization.


What is the significance of external communication in business?

external communication is usually more formal. External communication is an extension of the organization and can be an important channel for marketing the company's image, mission, products, and/or services.


What is an overarching organization?

An overarching organization is a head organization that deals with funding or partnering with the providers of direct services. For easier community outreach, it is usually recommended partnering with one of these organizations that handles smaller direct services.


What is an apex organization?

An apex organization is a lending company that provides various funding to smaller firms. This term is usually used in relation to financial institutions.


How Marketing products and services to organisation differs from marketing products and services to consumers?

Marketing products and services to an organization is different due to the fact that those within an organization are usually employees of their assigned departments. This changes the atmosphere to where you will be using more facts and hard data to present in your advertisement. While a visual element will still be used, the photography and artwork usually will want to relate to the reward a organization will receive for doing business with the advertiser. In an organization value and necessity are core concepts you want to implement. When marketing to an organization your segment will go into department channels as well as will need to target and address the proper decision makers. Consumer products and services have a greater focus on creating desires and needs in a more social and less formal fashion. Hard facts may be good to present to the consumer but a focus more on simple functions and social status become core concepts in the consumer market. Demographics and key market channels can be less complex in the consumer market. This in part is due to technology in today's media environment allowing better statistics on segmented marketing channels. ljkfjg balls


What person or organization will usually supply goods and services when it appears that the benefits to society outweigh the costs to society?

Goverment.


Which three statements best describe a Local Area Network (LAN)?

A LAN provides network services and access to applications for users within a common organization.Each end of the network is generally connected to a Telecommunication Service Provider (TSP).Local Area Network it cover small geographic area like home, office and other grouped of building.


What is the first webpage of a website?

The first page is usually the home page. It's usually the title of the company, and a selection of the products/services they offer.


What is difference between consumers and customers?

Consumer is a broad label for any individuals or households that use goods and services generated within the economy. While the term customer usually used to refer to a current or potential buyer or user of the products of an individual or organization


What are outsourcing company?

Outsourcing companies are those who provides third party services. They are contracted by the client to do tasks for them. Outsourcing companies are basically being delegated with workloads and are usually located outside the country of the client. Customer services, call centre services, lead generation services, accounting, marketing etc anything can be outsourced to third party organization to save the company in-house cost and helps in getting specialized work in return.


What kind of duties do Financial Services Representatives do?

They usually sell and provide a wide range of finance products to clients. Their job is to market and sell these products to their clients.