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-BARSIC- [3]
1 year ago
10

After years of customer feedback, Bank of Bux is finally going paperless. The bank's communications team promoted the strategy b

oth internally and externally. Customers were strongly encouraged to utilize the bank's website and mobile system for all their banking needs. Customers unfamiliar or uncomfortable with online banking could sign up for workshops where employees show them how to navigate both the bank's new website and mobile app. The bank's initiative demonstrates(1) a costly effort because at least 50% of all customers still prefer a paper trail due to safety concerns such as identity theft, when it comes to online banking.(2) an area where the firm can contribute to the green effort, as well as cut costs.(3) an effort to not be left in the lurches by its competitors who are using state-of-the-art website technology.(4) a gimmick for cutting costs that watchdogs will soon uncover.
Business
2 answers:
scZoUnD [109]1 year ago
7 0

Ok So The Answer Is Feedback is If Bank Of Bux Doesn't read it then they are going to go paperless

swat321 year ago
4 0

Answer:

2) an area where the firm can contribute to the green effort, as well as cut costs.

Explanation:

Banks and most private companies are continually looking for ways to reduce costs so that they can make larger profits. In this case, the bank will probably cut some costs by not using paper anymore.

The fact that it can be seen as a green effort is a plus to the cost saving. Green efforts are usually heavily publicized, even more if it's a bank. Banks usually have bad reputations so whatever makes them look good, and better if it's free (or in this case they even save money), just suits them perfectly.

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When conducting research for an industry analysis, why it is necessary to treat with caution the economic statistics for an indu
nadezda [96]

Answer:

As they classify the industries grounded on production technology instead of the need of the customer

Explanation:

Economic statistics is the one which is concerned with dissemination, collection, analysis, compilation and processing of the economic data.

When the research is being conducted for the purpose of the analysis of the industry, then it is needed to treat or dealt with the economic statistics, very carefully as it classify or separate the industries grounded on the technology of the production rather the needs of the consumer as it processes the data of the economic.

3 0
1 year ago
Many software companies allow customers to use limited versions of their software free for 30 days. This strategy tries to incre
vodka [1.7K]

Answer:

d. trialability

Explanation:

Based on the information provided it can be said that this strategy tries to increase the diffusion of a new product through increasing trialability. This term refers to the ease with which potential customers can test out a company's new product or service for a limited time without having to pay money for it. This allows them to determine whether the product/service is good for them and whether it is worth buying.

5 0
1 year ago
Based on his 14 Points, Deming is a strong proponent of :
kenny6666 [7]

Answer:

d. Training and knowledge.

Explanation:

The correct answer to the given question is d. Training and Knowledge. William Edward Deming proposed fourteen points for total quality management. Some of his  points include adopt new philosophy, drive out fear, institute training on the job, break down barriers between staff area and more. A strong proponent of these points is Training and Knowledge.

7 0
1 year ago
Crawford Inc. has bonds outstanding during a year in which the general (risk-free) rate of interest has risen. Crawford elected
kiruha [24]

Answer:

Interest expense and a gain.

Explanation:

US GAAP allows companies to report their financial assets or financial liabilities at their fair market value, this is called the fair value option.

If interest rates increase, and of course the coupon rate is fixed, then they value of bonds will decrease. The same logic applies to bonds sold at a discount.

In this case, the company must report an interest expense in the income statement regardless of what happens to the interest rate, since the company must pay the coupon rate.

Since the price of the bonds decreased, then the company's liabilities (bonds payable) decrease, so the company must report a gain = bond's previous value - bond's current value

7 0
1 year ago
At the end of its first year of operations, shapiro's consulting services reported net income of $27,000. they also had account
Otrada [13]
Answer: $11,200

Explanation:

Using the accounting equation:

(Total Assets) = (Total Liabilities) + (Total Capital)

So,

(Total Liabilities) = (Total Assets) - (Total Capital)    (1)

Based on equation (1), in order to compute for the total liability, we need to compute the total assets and total capital.

At the end of the first year, the following are the assets Shapiro's consulting services (together with the amount):

Cash:                              $16,000
Office Supplies:                $3,200
Equipment:                     $24,000
Accounts Receivable:       $8,000
TOTAL ASSETS            $51,200

Note that the total assets is obtained by adding the amount (or value) of the all the assets listed above.

Since the net income is an increase (or decrease if it's a net loss) of capital, we classify net income as capital. In particular, the net income of Shairo's at the end of first year adds to the capital at the start of first year. 

Moreover, the withdrawal of money by the owner also decreases the capital.  

Thus, the total capital at the end of first year is calculated as follows:

Capital (start of the year):            $15,000
Net Income (end of year):           $27,000   
Withdrawal Amount:                    ($2,000)
TOTAL CAPITAL:                       $40,000

Note: ($2,000) means -$2,000. This notation is used in accounting.

Hence using equation (1), the total liabilities at the end of first year is given by

(Total Liabilities) = (Total Assets) - (Total Capital)
                           = $51,200 - $40,000
Total Liabilities = $11,200

7 0
1 year ago
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