In considering your role as a manager at On Your Mark, you make to discuss with your diverse staff role of financial institutions. Reply the following questions to get ready for weekly status meeting:
What role(s) do financial institutions play in financial decision making of individuals? Utilize personal examples to describe.
How do financial institutions facilitate transactions between individuals, businesses, and governments?
Why are these roles necessary?
What roles do financial institutions play in financial matters for businesses?
Are roles the same or different than for individuals? Describe.