2.2 Financial Markets relevant to Business's Financial Needs + Business Summaries

2.2Financial Markets relevant to Business?s Financial Needs1.Financial grocery stores?places where monetary products nuclear number 18 bought and sold?an suit of a monetary product is marge loans2.Financial securities?contracts such as sh ar certificate, beach loans and home loans?AKA financial assets or resources-Major participants in financial markets1. chamfers? bid wide crop of financial products to professiones and individuals such as curse bills, personal loans and overdrafts?An ex broad of a bank is land Bank2.Finance companies and redress companies?Finance companies draw currency from the general public in the form of consumer loans and business leasing. They abide medium term support to businesses. Finance companies are important tinrs of lease finance; they hand over the business with the drug abuse of equipment in return for fixedness payment. ?An example of finance keep company is GE detonator Australia (GECFA), it is the jumbost finance company i n Australia. They lift out money from low investors by transmiting debentures and uses this money to submit consumer credits and small business loans?Insurance companies insure businesses against risks and they to a fault provide surplus funds in the business3.Merchant Banks?offer co-operate financial advice to large businesses?they also help businesses sneak capital required for accomplishment?an example: Macquarie bank4.Superannuation/Mutual funds?invests large amounts of nest testicle made by their contributors to things like shares in public companies and property5.Companies?They chasten out surplus funds in the form of sellable securities such as bill of exchange of invests surplus on a short-term money market. ?an example: David Jones6.

Government (Reserve Bank of Australia)?they provide overall supervision of the financial system in Australia-Role of Australian Stock Exchange (ASX)1.Primary market?help parvenue businesses raise initial capital needed to start operations2.Secondary market?sell existing shares-Domestic and international influences and trends and their implications on the business?s financial needs1.Impact of globalization, one global economy2.Interest rates, both international and home(prenominal) (foreign/ interior(prenominal) investment)3.Privatization, selling of government enterprise into the private sector. Example: nation Bank REFERENCES:1. HSC Business Studies, If you want to get a ample essay, order it on our website: OrderCustomPaper.com

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