Some Instances of Service Organizations
Some instances of service organizations happen to be payroll processors, employee benefits plants, medical and insurance claims processors, hosted data centers, trust companies, managed security providers, cloud service providers, clearinghouses, and cloud service providers.
Description of Banking
A commercial bank proposes payment services, like checking as well as credit card accounts to the customers. These banks do earn money when they lend customer deposits in different ways that include installment loans, like lines or credit and mortgages. Again, an investment bank enables the expansion of business by proposing the liquidity that a company requires for starting or growing.
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