Answer:
Option C Tier 2
Explanation:
the reason is that the tier 2 vendors targets firms that are of medium sizes which means the revenue of such organization ranges between $20m to $1 billion. And this falls under the classification of Enterprise resource planning. According to a market research 200,000 US companies have met the condition for medium sized organization.
The above explanation provides reasons why option C is correct.
Answer:
Fragmented Retail system
Explanation:
A fragmented retail system can be defined as a market in which no firm can has or can exert any influence to move the market in a particular direction.
This simply means that a fragmented retail system is one in which no product or firm has a grip or major share in the market. This leaves the market to a lot of small and medium scaled businesses competing with larger companies.
From the question, it can be seen that there a lots of small stores that serves the neighborhood. This means that the small shops cater for the needs of people within its vicinity such that there isn't any need for visiting larger stores.
Cheers
Answer: check the attached file for the answer
Explanation:
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark">
docx
</span>
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark">
docx
</span>
Answer:
In the United States, banks keep the entire value of all customer deposits in the bank vault to meet customer withdrawals. FALSE.
Banks keep only a portion of the customer deposits in the bank vault. A small portion is kept with the Fed called the Reserve Requirement.
Banks typically loan out a portion of customer deposits. TRUE.
Banks only loan out the portion of customer deposits that they did not leave with the Fed.
Bank runs occur when many customers attempt to withdraw deposits from a bank at the same time and the bank is unable to pay all customer withdrawals. TRUE.
When too many people try to withdraw from a bank, the bank might not meet these obligations because they loaned out money to people and those people were not yet due to pay back. This is a bank run.
The Federal Deposit Insurance Corporation (FDIC) protects bank depositors from bank failure. TRUE.
The fractional reserve banking system requires all banks to keep the total value of customer deposits in their vaults to prevent bank runs. FALSE.
As explained in the first paragraph, the Fed requires that banks keep a portion of customer deposits with the Fed instead of the total value of customer deposits.
