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Mademuasel [1]
1 year ago
6

When a financial institution provides a standardized financial product such as a mortgage, it is:________

Business
1 answer:
Rufina [12.5K]1 year ago
6 0

When a financial institution supplies a standardized financial product such as a mortgage, it is<u>: reducing transaction costs.</u>

<h3>What is an institution that manages and accommodates a nation's finances?</h3>

A central bank is a financial institution that is accountable for overseeing the monetary system and policy of a nation or group of nations, controlling its money supply, and setting interest rates.

<h3>Who uses financial institutions?</h3>

Almost everyone maintains a protection or checking account, uses debit or credit cards, or needs a loan. Online banking is an electronic way to view account training and pay bills via the Internet and an institution's website.

To learn more about financial institution ,refer

brainly.com/question/9297059

#SPJ4

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maladaptive coping

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3 years ago
The internal business processes perspective of the balanced scorecard comprises three subprocesses that address all of the follo
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B. motivating current employees

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The internal business processes perspective of balanced scorecard were used to create new products, services, and processes. It addresses providing service and support to the customer after the sale. It asks for delivering existing products and services to best meet the needs of customers. But it does not address motivating current employees since balanced scorecard is concerned with innovation in products and services.

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2 years ago
Independent auditing can best be described as:________. A. A regulatory function that prevents the issuance of improper financia
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C. A discipline that enhances the degree of confidence that users can place in financial statements.

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8 0
3 years ago
The Chief Information Officer (CIO) and the Managing Director (MD) of Illustrious Limited recently had the following conversatio
-Dominant- [34]

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Illustrious Limited

a) I sympathize with the MD.  He noted "We have been through these types of projects before, and what always ends up happening is that we do not get the new system we are promised. Instead, we get a modified version of the old system."  The implication of his assertion is that something is missing in the way the CIO and her team had been handling system development projects in the past.  Even the CIO acknowledged the MD's assertions by assuring "that this will not happen this time."  In the past, the system development team had neglected understanding "what is working well and what is not."  This should not be the case in any good system development.  Preliminary analysis or investigation should uncover users' requirements and then conduct a thorough system analysis before the design and other stages are carried out in an iterative process.

b) I would recommend SCRUM instead of the Waterfall methodology.  With Scrum, the system development project is teamwork.   The team is held accountable and SCRUM utilizes iteration to achieve well-defined goals.  The SCRUM framework "begins with a simple premise, starting with what can be seen or known before it tracks progress and tweaks as necessary," to achieve set goals defined by users' requirements.

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a) System Development is a process that follows a system development life cycle (SDLC) methodology and involves these seven stages: requirement analysis, system analysis, system design, development or programming, testing, implementation and documentation, and evaluation and support.

b) SCRUM is a framework in SDLC which follows "a set of meetings, tools, and roles that work in concert to help teams structure and manage their work."  SCRUM has been described as "an agile way to manage a project," especially software development because of its "iterative and flexible approaches."

c)  Waterfall model, on the other hand, follows linear sequential phases of conception, initiation, analysis, design, construction, testing, deployment, and maintenance, and each stage depends on the deliverables of the previous stage.  This is why "in software development, it tends to be among the less iterative and flexible approaches, as progress flows in largely one direction ("downwards" like a waterfall) through the phases."

4 0
3 years ago
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<span>The answer is High affective commitment . It means the employee connected with the organization for a commitment and achieve their goals without fear of loss, affective with the job and Sense of obligation to stay etc. It can be different form like commitment, direction of development and influences behaviour etc.</span>
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3 years ago
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