Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Forum 2: Discuss your business structure 1.From the perspective of your department and management level, describe your business structure. 1.Suggest TWO contributing factors that may

Forum 2: Discuss your business structure

1.From the perspective of your department and management level, describe your business structure.

1.Suggest TWO contributing factors that may make yours the preferred structure.

2.Request information from TWO other departments that could assist in your investigation. Please specify both the TYPE, and specific CONTENTS of the report you are requesting (Unit 3 types of output)

Investigating the company structure, Cryptocurrency Brokers' Websites revealed the following:

Based on the above requirements above, critique the below discussion:

According to Crypto Dispenser. (n.d.). The crypto-currency broker business is the combination of technological solutions from both the crypto-currency exchanges and the classic brokerage business. Features of company structure, brokers' website A firm or person who acts as a financial intermediary between users and the market Provides financial services for users They set their prices and fees It facilitates affordable options for persons wishing to purchase in smaller numbers Provide other services such as holding cryptocurrencies for customers. Profile requirement for recruiting brokers Sound educational background in analytical and technical areas Vast knowledge of the crypto-currency and its market Working experience as a financial adviser Working experience as a broker Risk management skills Market trend awareness Proficient in computer technology Good reputation as an honest and trustworthy individual Can work independently as well as in teams N.B Background checks are necessary These recruiting processes and requirements are necessary to ensure the most knowledgeable and reliable persons are employed to offer a safe, secure, efficient and effective website for users and our company. According to Bitpanda. (n.d. ). Two contributing factors that make a Brokers Website the preferred company structure: 1. The broker's website opens the door for novices who have no cognizance and prior acquaintance with trading. It offers security and reliability to new customers who wish to trade. In addition, it serves as supremacy to active traders based on the knowledge and expertise that affords convenience, by saving persons time in conducting their transactions for themselves. 2. The brokers' website financial risk is less in comparison to the trading platform and direct trading. It allows brokers' firms the leverage to control their income and risks by creating their prices and fees. Additionally, brokers have sufficient resources and tools to reach the widest base of buyers.

Questions

Department: Investment Strategist - (Finance) Type of Report Requested: Special report decision analysis Content: Current Market Performance Data: Security trading, document a list of the top five (5) crypto-currencies in the market (market volume, and high and low prices) for the last five (5) years. Investment Support Requirements: Recommend analytical skills necessary to invest in crypto-currencies. Also, recommend an analytical system that can aid in this process. Investment Portfolio: What are some of the expertise necessary to an investment portfolio for a crypto-currency broker website? Department: Market Operations Department, Strategic Manager Type of Report Requested: Projections, Query responses Content: Target market focus: Categorize and give details of identified segments of the market that are considered for prospective customers, old or new in the crypto-currency market. Data collection system: Recommend an information system that can be used as a marketing research tool to gather, sort, and retain information about customers. Environmental factors: Provide a detailed swot analysis using a table and/or charts for the cryptocurrency market as a market business analytical tool. Analyze business structures such as; brokers, trade platforms & direct trading.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cases In Communications Law

Authors: Michael T Simpson, John Zelezny

6th Edition

1111791910, 9781111791919

More Books

Students also viewed these General Management questions

Question

How are C++ heap-allocated objects deallocated?

Answered: 1 week ago