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Commercial Bank

What Does  Commercial Bank  Mean? A financial institution that provides services such as a accepting deposits and giving business loans. Commercial banking activites are different than those of investment banking, which include underwriting, acting as an intermediary between an issuer of securities and the investing public, facilitating mergers and other corporate reorganizations, and also acting as a broker for institutional clients Privately owned  financial institution  which (1)  accepts demand  and  time deposits , (2)  makes   loans  to  individuals and  organizations , and (3)  provides   services  such as documentary collections ,  international   banking ,  trade financing . Since a large proportion of a commercial bank's deposits  is  payable on demand , it prefers to make  short-term  loans instead of the  long-term  ones (which are handled by organ...
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Financial System

Financial System Why have financial intermediaries? To Lower transaction costs Types of markets   Common themes in market discussion: the Financial System The financial system is made up of those who need money and those who have money to lend. Those that have the money are called surplus spending units (SSUs) while those who need money are called Deficit Spending units (DSUs). Traditionally, households are thought of as SSUs and corporations thought of as DSUs but this is not always the case. There are times when any party can be either a DSU or a SSU.       Most of what we will talk about this semester deals with how these two parties "get together." Indeed, the existence of all financial intermediaries (of which financial markets and other institutions are included) lies in their ability to lower transactions costs associated with SSUs and DSUs getting together.     Overview of Financial markets There are many ways to classify markets For e...
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Functions of Operations Management

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Functions of Operations Management   Operations management involves the management of human,technology and system resources.The operations management functions,like in other management disciplines, include planning,directing,organizing,staffing,motivating and controlling to achieve the set organizational goals. In addition to the above management functions operation managers perform many other activities as given below. Facility location and lay out design-The facility location activity involves the decision of the location for the facility,manufacturing unit or service outfit,geographically.The layout design determines how the internal facilities (departments,equipments,service stations,workstations etc ) will be arranged. Job design and work measurement-The job design activity involves the structuring of work tasks assigned to an employee and the study of the tasks that make up the job.The work measurement activity involves the timing of the tasks that comprise a job.The j...
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