Explain the advantages of credit unions. Are there any disadvantages to them?
What will be an ideal response?
Answer: Credit unions enjoy a tax-exempt status because they are not-for-profit organizations. As such, they are generally able to operate on a more efficient, smaller scale and pay their depositors more than commercial banks. They tend to have lower fees and minimum balances associated with their accounts. Their loans tend to be at favorable rates. They tend to be handy, generally close to work, and offer many of the same services as banks.
The one disadvantage is that they are reluctant to provide home mortgage loans. This could be a problem when all of your accounts are at the credit union and you must seek a home loan at an institution that is unfamiliar with you.
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Jose was concerned about a memo he received from his supervisor, Kayla, regarding a change in the pay structure. He was anxious for a response and did not know where she was, so he sent her a text message asking specific questions about the memo. Kayla received the message and, given its complexity, did not respond right away. Jose became frustrated and even more anxious about the changes, and ultimately went to Kayla’s immediate supervisor for clarity. This created problems in his working relationship with Kayla and Kayla’s supervisor. Given the complexity of the message, what communication channel should Jose have used in the first place to avoid this situation?
a. e-mail b. memo c. social media d. face-to-face
Which of the following helps marketing and sales personnel to be good candidates for upper management positions?
A. Their ability to overcome negative feedback B. Their ability to meet customer needs C. Their ability to isolate themselves from their customer's decision-making process D. Their ability to resist changes E. Their ability to push products to customers
A(n) __________ mark is a coined term having no prior meaning until used as a trademark in connection with a particular product
a. arbitrary b. suggestive c. descriptive d. fanciful
A __________ authentication system attempts to authenticate an individual based on his or her unique physical characteristics
What will be an ideal response?