Brokerage firms act as intermediaries between buyers and sellers of financial products. There are two types: traditional, which offers expert advice and research, and discount, which charges lower fees and primarily handles administrative work. Traditional firms offer well-researched opinions, while discount firms are used by cost-conscious or self-directed investors. A brokerage company acts as a […]
A portfolio company is a private business that receives investment from an investment firm, which can take the form of private equity or venture capital. Investment firms research companies in need of capital and build an investment portfolio from pooled resources. Portfolio diversity helps mitigate risk. A portfolio company is a company that represents a […]
Personnel agencies provide temporary administrative assistance and staffing services. Employment agencies focus on permanent placements while staffing agencies provide qualified individuals for office tasks. Working with a staffing agency can lead to networking opportunities and learning about corporate culture. Some agencies offer benefits to employees. Personnel agencies are employment services that provide administrative and administrative […]
A brokerage firm matches buyers and sellers and receives a commission for their services. They handle transactions, paperwork, and money owed. Commissions vary depending on the sale or purchase and the brokerage. Discount brokers charge lower fees, and freight brokers connect shippers with shipping services. A brokerage firm is a business whose purpose is to […]
A brokerage firm executes trades for investors and may manage internal proprietary accounts. Firm orders can be placed on behalf of a financial institution’s proprietary account or a client’s account. Brokerage firms may also manage their own portfolio of stocks for additional income streams. Large investment banks have full trading desks where professional traders invest […]
The Depository Trust Company was established in 1973 to centralize the holding of paper share certificates, making trading and other activities on Wall Street more efficient. The company’s electronic record keeping helped pave the way for the increasingly digital world of finance. Today, the DTCC handles accounts for both the DTC and the National Securities […]
A law firm receptionist interacts with clients, composes correspondence, handles case files, and bills clients. They should have excellent communication skills and be comfortable with technology. They may also handle billing and act as a paralegal. In a law firm, a law firm receptionist interacts with clients, composes correspondence, handles case files, and bills those […]
An internet consulting firm can help businesses with marketing, design, and IT. They can guide a business through building a user-friendly website, setting long-term sales goals, and improving online customer service. An Internet consulting firm can help a business with a variety of issues, ranging from marketing and design to information technology. With the help […]
A defunct company is one that is no longer active or operational, enforced by local or state government. This can occur through failure to file legal documents, bankruptcy, closure by owners, or government agency intervention. A defunct company is a company that is no longer active or operational. Local or state government typically enforces the […]
Global corporations expand into foreign countries to reach new markets, hire cheaper labor, and access natural resources. Sole proprietorships and partnerships lack the necessary structure for global expansion. A global corporation is an incorporated institution that operates in more than one country. A corporation is just one type of business, but it typically has a […]
A practice company is a virtual business simulation that mimics real-life scenarios to help students hone their skills in building and running a business. It allows entrepreneurs to test their ideas before committing to a real-world situation and helps students gain a more detailed understanding of the inner workings of a business. Also known as […]
Investing in growing companies can be attractive as they reinvest most profits and have the potential for stock prices to rise. However, investing in a booming industry can create a bubble. Mature companies tend to have a steady growth rate and may pay dividends. Financial publications provide information for investors. A growing company is a […]
Twin studies explore the role of genetics in personality development without crossing ethical boundaries. Critics argue that personality is influenced by multiple factors and genetic personality traits are complex. Twin studies are a matter of debate, but have laid the groundwork for behavioral genetics. A twin study is a psychological study that focuses specifically on […]
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