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geniusboy [140]
2 years ago
12

At the end of the week, Carla receives her paycheck and goes directly to the bank after work to make a deposit into her savings

account. The bank keeps the required reserve and then loans out the remaining balance to a qualified borrower named Malik as a portion of his small business loan. Malik uses the loan to buy a tractor for his construction business and makes small monthly payments to the bank to payback the principal balance plus interest on the loan. The bank profits from a portion of the interest payment received and also passes some of the interest back to Carla in the form of an interest payment to her savings account. In this example, the bank is acting ________.
Business
1 answer:
r-ruslan [8.4K]2 years ago
7 0

Answer:

The answer is an intermediary between the saver and the borrower

Explanation:

In this example, the bank is acting as an intermediary between the saver and the borrower.

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Challenges to Employee Development Special challenges in employee development include overcoming the barrier that keeps women an
yaroslaw [1]

Answer:

1. Angela Martinez had difficulty finding a mentor as a Latin American woman.  ⇒ REFERS TO GLASS CEILING

2. Our organization systematically evaluates high potential employees that we believe can succeed in higher-level business positions.  ⇒ REFERS TO SUCCESSION PLANNING

3. To overcome what would be considered "toxic behaviors", Julie practiced role plays with her coach.  ⇒ REFERS TO DYSFUNCTIONAL MANAGERS

4. Although John, our CEO may be retiring soon, our organization has provided development experiences for candidates to succeed in his role.  ⇒ REFERS TO SUCCESSION PLANNING

5. Our manager, Tom, is arrogant and abrasive, which alienates people both inside and outside of the organization. ⇒ REFERS TO DYSFUNCTIONAL MANAGERS

6. Our organization provides job assignments based on the successful career paths of past upper managers.  ⇒ REFERS TO SUCCESSION PLANNING

7. The Executive Team at our organization consists of seven men and one woman.  ⇒ REFERS TO GLASS CEILING

8. Our organization offers Individual Coaching for Effectiveness (ICE) for managers deemed to display dysfunctional behaviors. ⇒ REFERS TO DYSFUNCTIONAL MANAGERS

9. Our organization tends to have an "old boy’s network" that excluded women from key promotions and positions of power. ⇒ REFERS TO GLASS CEILING

Explanation:

Glass ceiling refers to barriers laid out that prevent certain employees from advancing within an organization.

Succession planning takes place when high potential employees are trained and followed in order to fill future vacant managerial positions.

Dysfunctional managers are managers that fail to do their job properly because they do not trust their employees and try to make all important decisions themselves. They really do not want to manage other people's work, instead they believe that only they can do it right.

7 0
1 year ago
Vargas Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.77 direct labor
leva [86]

Answer:

11.20

Explanation: becuase it can be

3 0
2 years ago
Emma is a recent college graduate who is unmarried and has no children. Which of the following benefits would be of least import
natali 33 [55]

Answer:

C. Life insurance

4 0
2 years ago
Jim and Lisa own a dog-grooming business in Champlain, New York, called JL Groomers. There are many buyers and many sellers in t
Elza [17]

The answer is marginal revenue (MR) curve above $22.

Explanation:

Jim and Lisa Groomers will maximize its accounting profit when taking it to 0 its economic profits when marginal revenue = marginal costs.

Economic profits are not the same as accounting profits because they include the opportunity costs of investing the money somewhere else. That is whythe long run firm is not able to make economic profits since as they exist, new competitors will enter the market. But in the case of the shoert run, the firms are able to make economic profit, but by doing so, they cannot maximize their accounting profit.

Economic profit = account profit = Opportunity profit

Opportunity cost are extra costs or benefitslost from choosing one activity or investment over another one.

3 0
2 years ago
Regina, a 25-year-old professional, wants to start an investment portfolio. What strategy may her financial advisor suggesta
oksian1 [2.3K]

Answer:

A.Start a moderate portfolio and shift to high risk later in life.

Explanation:

Investment portfolio may be defined as the financial investments done by one. It is the collection or ownership of various assets and stocks, bonds, real estates, cash, etc.

In the context, Regina who is 25 year old wishes to start an investment plan. For this her financial advisor may suggest her to start her investment in a moderate portfolio and then later may shift to a high risk portfolio. This is because Regina is young and is new to investment. She is not experience enough to invest in high risk portfolio. When she gains knowledge about investments in her life then she can properly plan her investment in order to achieve maximum profit.

7 0
2 years ago
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