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antoniya [11.8K]
3 years ago
13

Bank of America customers select their own three- digit personal identification number (PIN) for use at ATMs.

Business
1 answer:
Marianna [84]3 years ago
6 0
<span>#1) Think of this as an experiment and list four possible outcomes.

Answer: There are 3 possible outcomes. The first one is for the condition that the first digit cannot be zero and the digits can be repeated: 9*10*10 = 900. The second outcome is if the digits cannot be repeated: 9*9*8 = 648. The last possible outcome is if zero can be the first digit an the numbers can be repeated: 10*10*10 = 1000. Also the probability of Mr. Jones and Mrs. Smith of selecting the same PIN is 1/900.

I hope it helps, Regards.<span>
</span></span>
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Ballooshu, a large dairy cooperative, organizes its labor force into different divisions for the manufacture of butter, cheese,
diamong [38]

Answer:

B) Product departmentalization

Explanation:

Ballooshu is using product departmentalization because it is dividing the company according to product lines.

As a diarly cooperative, management probably believes that the most efficient form of organization is according to the products that it makes.

The cheese department will focus on producing cheese, the ice cream department will focus on making ice cream, the milk department will focus on the production of milk, and so on.

3 0
3 years ago
Macroland, currency held by the public is 2,000 econs, bank reserves are 300 econs, and the required reserve/deposit ratio is 10
I am Lyosha [343]

Answer:

D)5,000; 7,000

Explanation:

Public is holding 2000 econs and banks reserves are 300 econs. It is mentioned that reserve requirement is 10%.

So total bank deposits must be 3000. Money supply in the economy is (3000 + 2000 = 5000)

When the reserve ratio is 0.1, that means the money multiplier is 10.

If there is an additional inflow of currency because of printing 200 econs by central bank then because of multiplier effect it will be 2000 econs.

Money supply from earlier 5000 econs will become 7000 econs.

Option D is correct.

7 0
3 years ago
Companies Heidee and Leaudy have the same total assets, sales, operating costs, and tax rates, and they pay the same interest ra
stealth61 [152]

Answer:

E. If the interest rate the companies pay on their debt is more than their basic earning power (BEP), then Company Heidee will have the higher ROE.

Explanation:

Base on the scenario been described in the question, we saw that between the two companies, Heidee and Leaudy, they both have the same total assets, sales, operating costs, and tax rates, and they pay the same interest rate on their debt but company Heidee has a higher debt ratio, this will make company Heidee has a higher ROE because of its higher ratio of debt

3 0
3 years ago
1. Jay is the owner of TooCan Tan, a luxury spa and tanning salon that caters to individuals who desire the ultimate experience
Maru [420]

Answer:

Sole Proprietorship

Explanation:

Sole proprietorship is a form of business in which all liabilities,risks&responsibilities(especially in financial aspect) are being borne by a single individual.The individual may not necessarily be the operational entity in the business as he/she in question can employ employees he/she so desires,but when it comes to structuring,legality&sensitive decisions affecting the business,it is borne solely by the individual.This form of business is devoid of partnership,which explains why the demise of the owner is likely to bring an end to the business.

6 0
4 years ago
List the three generations in the workplace today, and provide at least two characteristics of each generation that affect their
kow [346]

Answer:

(1) Baby boomers born between 1946 to 1964.

Characteristics: They are optimistic and self focused.

(2) Generalization X born between the 1965-1980

Characteristics: They are independent and are knowns as the pioneers of Technological systems.

(3) Generation Y born between 1981 to 1997.

Characteristics: They are known to be Tech dependent and self expressive.

SIMILARITIES

All these groups are similar in terms of their value for independence in the work place, visionary and coaching style of leadership.

DIFFERENCE

Baby boomer created more competition in the work place,they value work over family and are less supportive.

Generation Xers are self reliant,self sufficient and most entrepreneur.

Generation Yers known as digital natives, grew up with the internet.

Explanation: In the work place their are different categories of persons based on their age, this categorization helps organisations to understand how to manage and regulate Relationships between the leaders and the other members of the Organisation.

Understanding the various generations available in a work place is vital to motivation and success of the business entity.

8 0
4 years ago
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