A group of six investors wants to open a new bank. In their application to the Comptroller of the Currency, they discuss that the community they want to do business in has a median income of $55,000, that there are approximately 75,000 homes in the community and that there is approximately $5.6 million in sales generated in the community on any given day. Which decision factor for seeking a new charter are the investors discussing

Answers

Answer 1

Answer: The level of economic activity in the community

Explanation:

The decision factor for seeking a new charter that the investors discussing is the level of economic activity in the community. Economic activity refers to the activity regarding the provision, purchase and sale of goods or services in an economy.

Since the investors discuss that the community has a median income of $55,000, has 75,000 homes and that there is approximately $5.6 million in sales generated in the community on any given day, then they're discussing about the level of economic activity in the community.


Related Questions

One of the big strategic issues in expanding internationally is Multiple choice question. determining whether to employ an international or global strategy in the early stages of entering a company's largest foreign markets. how much to charge for licensing a company's brand in a foreign market. customizing products in each country market to match preferences of local buyers versus competitive pressure to keep costs down. adapting to language differences.

Answers

Answer:

Customizing products in country markets for local buyers versus competitive pressures to keep costs down.

Explanation:

International expansion strategies can be regarded as formal as well as multi-level strategic plans which is been used by businesses to enter an overseas market as well as establishing a growing presence, so they can become profitable in quick to time. It is a competitive analysis that is used in vetting the business offerings as well as operations of a company against industry competition as regards new market. In this competitive pressures is one of those things to consider this range from how to keep the price balance, the product as well as services to meet up with compititive market, another one is Product Customization which involves delivering of customized goods/services to the customers base on their needs and desire.

It should be noted that One of the big strategic issues in expanding internationally is Customizing products in country markets for local buyers versus competitive pressures to keep costs down.

Stealth Bank is holding $4 million in reserves, $9 million in government bonds and $9.6 million in low risk mortgage loans. Out of the $20 million in customers' deposits, Stealth holds $13.1 million in the form of certificates of deposit. Describe the formula for determining Stealth Bank's net worth and, using the figures above, determine the Bank's net worth. Identify the criteria for classifying a bank as healthy or unhealthy and determine which applies to Stealth Bank in these circumstances.

Answers

Answer:

a. Net worth $2.6million

b. Positive Net worth

c. Positive Net worth

Explanation:

a. Calculation to determine the NET WORTH.

Using this formula

Net worth = Total assets -Total liabilities

Let plug in the formula

Net worth=($4 million+ $9million+ $9.6million) - $20million

Net worth= $22.6 million net worth-$20million

Net worth= $2.6 million

Therefore the Bank's net worth will be $2.6 million

b. Based on the information given the CRITERIA for CLASSIFYING a bank as HEALTHY or UNHEALTHY means that THE BANK NET WORTH WILL BE POSITIVE and in a situation where a bank has NEGATIVE NET WORTH in which the depositors tried to WITHDRAW the money deposited which means that the bank will not be capable of giving all depositors their money.

c. What applies applies to Stealth Bank in these circumstances is that they will have a POSITIVE NETWORTH which indicates that they are a HEALTHY BANK.

Property risks are those

A) risks in which loss is the only possible outcome

B) Financial losses that occur due to owing on a real estate investment

C) risks taken on by an investor that can be categorized as systematic or non-systematic

D) risks caused by a change in value caused by the timing and/or amount of expenses incurred versus those expected

Answers

Answer:

a

Explanation:

Property risk is an example of a pure risk.

Pure risks are risks in which loss is the only possible outcome. It could be full loss or partial loss. Other examples of pure risks are personal and liability risks

Property risk is the risk that a person or company's property would be damaged or lost.

For example, if a building is set on fire or if a car is stolen

Sylvia wants to purchase a 2017 Dodge Challenger for a negotiated price of $38,770 inclusive of all costs (options, taxes, delivery charges, etc.). Sylvia will be making a down payment of $8,000. She has a choice between taking a $2500 cash rebate (and arranging her own financing at 4.98% for 36 months) OR selecting the dealer incentive financing of 0.9% APR for 36 months. What is the total cost of this car if Sylvia chooses the cash rebate option

Answers

Answer:

$38,492.84

Explanation:

Calculation to determine what is the total cost of this car if Sylvia chooses the cash rebate option

CASH REBATE:

First step is to determine the PMT using Financial calculator

N= 36

I/Y= 4.98/12= .415%

PV= 30770 - 2500 = 28270

PMT= ??

FV= 0

Hence,

PMT= 847.0234

Now let determine the total cost

Total cost=($847.0234*36)+$8,000

Total cost=$30,492.84+$8,000

Total cost =$38,492.84

Therefore the total cost of this car if Sylvia chooses the cash rebate option is $38,492.84

A firm that earns less than 70 percent of revenue from its dominant business and has direct connections between its businesses is engaging in ____ diversification. Group of answer choices

Answers

Answer:

related constrained

Explanation:

Related constrained diversification occurs when a company shares its resources and activities between the businesses it owns.

This type of organisation is characterised by less than 70 percent of it revenue coming from its dominant business.

Also all businesses share the same technology, distribution channels, and products.

Basically a business expands its operations into product lines that it already offers. So the new business it operates through produces same product.

an artist brought a breach of contract claim against a museum...what effects will the dismissal order have

Answers

Answer:

The artist will not be able to refile or restart the same claim again.

Explanation:

The breach in a contract means when one of the party who have entered into an agreement fails to perform or deliver according to the contract terms made in the agreement.

In the context, the dismissal is be able to operate as the adjudication on its merits which [tex]\text{precludes the artist from re-asserting the same claim}[/tex] in some newly filed action. This involuntary dismissal are also prejudice, so that artist will not be able to re-start the same claim in a newly filed action.

The classical view of social responsibility is that a for-profit organization's responsibility is ________.

Answers

Answer:

to maximize profits only

Explanation:

If the organization is profit based so it mainly focused on maximizing the profits only so that there goals and objectives could be attained but at the same time they will be less focused to the social responsibility

So as per the given situation, the above should be the answer

Margo is purchasing a home for $520,000. The property appraised at $550,000 and Margo is financing $416,000. What's the loan-to-value ratio

Answers

Answer:

Loan-to-value ratio = 0.8

Explanation:

Given information:

Purchase cost of house = $520,000

Property appraised value (House value) = $550,000

Margo finance (Loan amount) = $416,000

Find;

Loan-to-value ratio

Computation:

Loan-to-value ratio = Loan value / Purchase cost

Loan-to-value ratio = Margo finance (Loan amount) / Purchase cost of house

Loan-to-value ratio = 416,000 / 520,000

Loan-to-value ratio = 0.8

Michelle, The CEO of Nariko Jets, an airlines company, stated that she owes the credit of her professional success to the time she spent as a volunteer at a homeless shelter and her passion for artwork. She said that she learned to never stop dreaming from her work as a volunteer. Nariko Jets, according to Michelle, was the result of her combined efforts at life lessons that she learnt at the homeless shelter and her paintings which provided her inspiration to help create passenger and jet airlines that would make travel easier and more comfortable. Her competitors have always envied her success. Which of the following factors of inimitability is best reflected in this scenario?
A. First-mover advantage
B. Positive network externalities
C. Casual ambiguity
D. Tacit knowledge

Answers

Answer:

The correct answer is the option C: Casual ambiguity.

Explanation:

To begin with, in the field of business the concept known as "Casual Ambiguity" refers specifically to the situation where the competitors of a company do not understand how the inputs are combined in order to form the outputs due to the fact that they believe that there are several  more factors that are not tangible that are affecting the production and that is why that the outputs end up being better products and more complicate it to understand. That is the case presented where the casual ambiguity is related to the life lessons and efforts that Michelle has done during his volunteer time.

Answer: C. Casual ambiguity

Explanation:

Inimitability refers to having qualities that cannot be so easily copied. In business, it gives rise to a competitive advantage that sets you apart from others.

One reason for inimitability is casual ambiguity. This refers to when the background of a company does not seem to correlate with or explain how the company in question, came to be successful. This ensures that other companies are unable to understand what they are to do to become as successful as those companies.

It is the case here. Competitors are unable to understand how paintings and growing up in an orphanage are helping Michelle so they cannot copy her strategy.

Family Farms Inc., a company which deals in dairy products, adheres to a standard of behavior for its employees, and it follows certain practices that reflect the moral principles and values held by the company and that guide the conduct of the individuals in the company. Which practice is described in this scenario

Answers

Answer:

The right response is "Business ethics".

Explanation:

An ethics framework that always considers the moral standards as well as problems that occur mostly in a corporation but also function as a guide for the behavior of people throughout the organization.Meanwhile, corporation governments facilitate the collection of values and conventions governing as well as controlling the business of the company.

Bill is the treasurer for a fast-growing organization whose budget has recently been growing at a rate of 10% per year. The budget last year was $352,000. What should he expect it to be 2 years from now

Answers

Answer:

$426,000

Explanation:

Calculation to determine What should he expect it to be 2 years from now

First step is to calculate for One year budget

In One year budget =$352,000+(10%*$352,000)

In One year budget =$352,000+$35,200

In One year budget=$387,200

Now let determine What should he expect it to be 2 years from now

In Two year budget=$387,200+(10%*$387,200)

In Two year budget=$387,200+$38,720

In Two year budget=$425,920

In Two year budget=$426,000 (Approximately)

Therefore What should he expect it to be 2 years from now is $426,000

According to ______, market participants immediately change their actions in response to anticipated price-level changes, such that no changes in real output occur.

Answers

Answer:

rational expectations theory

Explanation:

Rational expectations theory is the tendency of people to behave in a rational manner when presented with economic decisions. It is a widely used theory in economics.

It's states that decisions are made primarily on the basis of information available to them, human rationality and past experience.

So when market participants immediately change their actions in response to anticipated price-level changes such that no changes in real output occur, they are acting according to the rational expectations theory

In comparing two investment alternatives, the difference between the net present values of the two alternatives obtained using the total-cost approach will be:

Answers

Answer:

the same as using the incremental cost approach

Explanation:

There are two approaches to compare rival investment proposals using the net present value method (npv comparison). The total cost method as well as the incremental cost strategy are two different approaches. The total cost method has the distinct benefit of allowing an unlimited number of choices to be evaluated side by side to find the optimal course of conduct.

You are required to prepare, through education and ongoing study, to achieve and maintain your expertise in the industry in order to be able to competently represent the Buyer. This is an example of

Answers

Answer:

reasonable care

Explanation:

From the question we are given an instance, whereby You are required to prepare, through education and ongoing study, to achieve and maintain your expertise in the industry in order to be able to competently represent the Buyer. This is an example of reasonable care.

Reasonable care can be regarded as degree of caution as well as attention which would be given to possible dangers by ordinarily prudent or rational person in similar circumstances. Instance of this is a first aider, which his duty is to care towards casualties so that he can exercise reasonable care as well as skill as regards providing first aid treatment.

Viral promotion involves: Group of answer choices sending a pre-written set of messages to customers or prospects over time. offering rebates and incentives to customers for adopting a product or service. emphasizing customer retention and satisfaction, rather than a dominant focus on sales transactions. leveraging a firm's customers to promote a product or service. paying celebrities to use a product visibly to lure customers into unwittingly buying the product.

Answers

Answer:

leveraging a firm's customers to promote a product or service

Explanation:

Viral promotion is a form of marketing in which a good or service is promoted using a firms' social network,

For example, if a firm is about to launch a new product and it wants to do a viral promotion, it would make use of the firms existing customers to promote the good

Whenever additional parties are included in payment card transaction processing, the system is called a(n) _____system.

Answers

Answer:

Open Loop

Sentence:

Whenever additional parties are included in payment card transaction processing, the system is called a(n) Open loop system.

Gillette spent $300 million in advertising to introduce the MACH3 razor to consumers. Such expenditures are often made to stimulate __________ or desire for the product class, rather than for a specific brand, when there are no competitors with the same product.

Answers

Answer:

Primary demand

Explanation:

Demand for a product may be influenced by the company's brand name or based on the demand influenced by the product category. When demand is based on a particular product category rather than for a particular brand type, then we refer to this as primary demand. In the scenario above, the Gillette MACH3 is a particular product produced by Gillette, and the $300 million spent on its advert is for the product rather than to promote the Gillette brand. Hence, this advert spending on the MACH3 which is a particular category of gillete's product is spent to stimulate primary demand of product.

Al works for a company that books vacation rentals. He is a competitive person, so he needs to feel like he can bring in more customers and book more rentals than the other employees. When he is able to book more rentals than his co-workers, he feels a high level of self-respect as well as respect from others. This scenario describes how Al fulfills his ________ needs.

Answers

Answer:

esteem.

Explanation:

In 1943, Abraham Maslow a humanist psychologist in his work titled "A theory of Human Motivation" stated that five categories of human needs influences or impact the behavior of an individual.

Maslow's Hierarchy of Needs can be defined as a pyramid model which typically represents the fundamental or basic needs of an individual that are necessary and required to be met before he or she can achieve complete growth, development and self-actualization

Basically, the five (5) human needs include;

I. Physiological needs.

II. Safety needs.

III. Love and belonging needs.

IV. Esteem needs.

V. Self-actualization needs.

According to the hierarchy of needs, the esteem needs comprises of strength, confidence, respect from others, self-belief, accomplishment, self-worth, physical and social acceptance, self-respect, etc.

Hence, this scenario describes how Al fulfills his esteem needs.

Higher credit ratings are associated with more
trust. This means that higher credit ratings are
also associated with what?
A. lower inflation rates
B. lower interest rates
C. lower unemployment rates

Answers

Answer: B. lower interest rates

Explanation:

A higher credit rating means that the person can be more trusted not to default on their payment. As a result, the person can be said to be less risky to borrow to.

This would lead to a lower interest rate because a significant portion of interest rate is based on risk. The risk that a person might not pay back a loan adds to the interest rate charged so if this risk is low, the interest rate will be low.

Norah's goal for her upcoming sales call is to sell 10 cases of anchovies to Darby's Diner, though she would be willing to accept an order for just five cases, too. Additionally, she is planning to approach the owner to enter into an agreement to purchase anchovies only from her supplier. For Norah, setting up a straight rebuy situation with Darby's Diner is her __________ in this scenario.

Answers

Answer:

optimistic call objective.

Explanation:

Salespeople can be defined as a group of individuals or employees who are saddled with the responsibility of taking orders from customers, as well as sales of finished goods and services to consumers or end users.

In sales and marketing, the term closing with respect to a sales can be defined as the process of making a business sale successful such as through the exchange of money for a particular product or goods.

For a salesperson to be able to close a sales, he or she require abilities such as courage, negotiation skills, listening ears and interpersonal skills to do so or achieve a successful sales.

For Norah, setting up a straight rebuy situation with Darby's Diner is her optimistic call objective in this scenario.

Answer the following question on the basis of the information about the hypothetical economy of Nanawaiya. All figures are in the millions. Not in the labor force 45 Unemployed 7 Total population 45 Employed 95 Discouraged Workers 3 The labor force is __________ Group of answer choices

Answers

Answer:

102 million

Explanation:

Labor force is define as the sum of employed and unemployed in an economy.

Labor force = Employed+ Unemployed

Labor force = 95 million + 7 million

Labor force = 102 million

According to the text, economists are starting to understand that ________ matter just as much as ________ to occupational success.

Answers

Answer:

personality traits; cognitive ability

Explanation:

The definition of a personality trait is a quality or an attributed that become different with respect to the character, action and the attitude.

While on the other hand, the cognitive ability means the mental capability that includes the capability for reasons, planning, problem solving

So here the personality traits are understand and also the cognitive ability for success of an organization

¿Un producto tiene una EPD de 0,73. Qué podemos decir acerca de la Elasticidad de este producto? Explique.

Answers

Answer:

En este caso, EPD tiene un valor de 0,73, siendo menor que 1. Por lo que la demanda del bien es inelástica y la cantidad demandada aumenta (disminuye) en menor proporción de lo que baja (sube) el precio.

Explanation:

La elasticidad precio de la demanda (EPD) indica en qué medida los cambios en el precio alteran la demanda de productos o servicios concretos. En otras palabras, la elasticidad precio de la demanda señala cuánto varía la cantidad demandada de un bien cuando varía su precio.

Se calcula comparando el valor porcentual del cambio en el precio con el del correspondiente cambio en la demanda. Es decir, se define como el cambio porcentual en la cantidad demandada dividido por el cambio porcentual en el precio.

Si la EPD > 1, se dice que la demanda del bien es elástica y la cantidad demandada aumenta (disminuye) en mayor proporción en que baja (sube) el precio.  La cantidad demandada aumenta (disminuye) en mayor proporción en que baja (sube) el precio.

Si la EPD < 1, se dice que la demanda del bien es inelástica y la cantidad demandada aumenta (disminuye) en menor proporción de lo que baja (sube) el precio. La demanda de un bien es inelástica cuando la reacción de los consumidores ante un cambio en el precio no es significativa.

Si la EPD = 1, se dice que la demanda del bien tiene elasticidad unitaria y la cantidad demandada aumenta (disminuye) en la misma proporción en que baja (sube) el precio.

En este caso, EPD tiene un valor de 0,73, siendo menor que 1. Por lo que la demanda del bien es inelástica y la cantidad demandada aumenta (disminuye) en menor proporción de lo que baja (sube) el precio.

Decisions related to _____ are considered semistructured decisions at the operational management level of an organization.

Answers

Answer:

accounts receivable

Explanation:

It should be noted that Decisions related to accounts receivable

are considered semistructured decisions at the operational management level of an organization.

Operations management can be classified as one having three levels, which are ;

✓strategic

✓tactical,

✓ operations.

For company to achieve set goals, operations managers needs to develop strategies and make decision.

Semistructured decisions can be regarded as decisions that lies between structured as well as unstructured decisions, it requires some human judgment as well as some agreement on the solution method at same time. Semistructured decisions can as well be regarded as those ones whereby only part of the problem posses a clear-cut answer which is provided by particular accepted procedure. Accounts receivable (AR) can be regarded as the balance of money that is been due to be paid to firm the company in exchange for goods or services that is been delivered but has not yet paid by customers to the company. On balance sheet, accounts receivables are listed as current asset.

pidgins can best be described as a second language used for restrictive purposes such as trade. True False

Answers

Answer:

True

Explanation:

Pidgins can best be described as a second language used for restrictive purposes such as trade.

Menu costs are higher in traditional markets than digital markets. Group of answer choices True False

Answers

Answer:

true

Explanation:

Inflation is a persistent rise in the general price levels

Types of inflation

1. demand pull inflation – this occurs when demand exceeds supply. When demand exceeds supply, prices rise

2. cost push inflation – this occurs when the cost of production increases. This leads to a reduction in supply. Higher prices are the resultant effect  

Shoe leather cost is when people try to spend money immediately so they would not be holding money for a long time. This is because money loses its value in an inflation.

Menu costs are the costs of changing price constantly as a result of inflation, When there is inflation, prices increases regularly. As a result prices needs to be updated regularly.

Companies that operate in a ___________________ environment have the lowest amount of environmental uncertainty as illustrated in the environmental uncertainty matrix.

Answers

Answer:

Simple, stable

Explanation:

External environment

This is commonly known and includes factors, forces, outcomes, situations, and events outside an organization that influences or affect its performance.

The components of external environment includes: economic, demographic, technological, sociocultural, political/legal, global etc.

Stable-simple environment

This environment is said to be very stable and also predictable. The Few components are sort of similar and remain the same. And it requires little need for sophisticated knowledge of components.

Priya, a software developer at SkillThink, is instructed by her team leader to minimize interaction with other team members. However, her project manager says that interacting with other team members can provide new insights for her projects. In this scenario, Priya most likely experiences _____. Group of answer choices interpersonal conflict interrole conflict intrarole conflict

Answers

Answer:

intrarole conflict

Explanation:

A conflict can be defined as any form of disagreement that arises between two or more parties due to opposing views, opinions, or incompatibility.

In this scenario, Priya most likely experiences intrarole conflict because she was instructed by her team leader to minimize interaction with other team members to prevent her from getting new insights for her projects.

An intrarole conflict is a type of conflict that arises due to the conflict related to behaviors within a single job position or role.

Christina owns a boutique and is ordering jewelry made using semi-precious stones from a supplier in Mexico. Due to low wages in Mexico, her supplier promised an excellent wholesale price for these goods. You agree with Christina when she explains to you that international business law is very clear-cut with these dealings. As long as the supplier is not breaking any labor laws in his country, her social responsibility is covered. Group startsTrue or False

Answers

Answer:

True

Explanation:

Christina is buying jewelry from a supplier in Mexico. She is buying the jewelry at minimum possible quoted price. The wages in Mexico are low due to the presence of large number of labors. The supplier is not breaking any labor law in the country so Christina does not have more responsibility to identify whether supplier is following all laws or not.

The delay between registering new securities with the SEC and selling them can best be avoided by use of proxy. shelf-registration. use of a margin call. use of preemptive rights.

Answers

Answer: shelf registration

Explanation:

The delay between registering new securities with the securities exchange commission and selling them can be avoided by use of shelf-registration.

Shelf registration, is a form of public offering whereby some issuers can offer and also be able to sell their securities to the public such that a separate prospectus isn't required for each offering and also a further prospectus isn't required as well.

The main advantage of the shelf registration is that it's timely and certain such that the capital markets can be accessed even when it's required.

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