Answer:
Bank of America (NYSE:BAC) has had its fair share of missteps over the past decade, but it's also had successes. Topping the list for the latter is the progress it's made in mobile banking, which has enabled the bank to slash operating expenses in its consumer banking segment.
You can get a sense for Bank of America's success in this regard by looking at the number of people who use its mobile application. In the most recent quarter, the bank boasted 19.6 million active mobile users. That's five times the number it had in 2009. To put this in perspective, Bank of America has 60 million total clients within 45 million households.
The impact on Bank of America's transaction mix has been dramatic. Mobile check deposits are up by a factor of 10 since 2012, and now account for 16% of all deposit transactions at the North Carolina-based bank. If you also factor in ATM transactions, two-thirds of Bank of America's deposit transactions are now automated. That compares to only 35% in 2009.
Explanation:
I believe, this programmed decision could best be described by: Classical Model.
In the classical model of decision making, we based the decision on something that is the most logical and rational.
This model commonly provide the most objective solution but often fail to see how emotions and relationship between members could influence the decisions.
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Answer:
C. personal appeal
Explanation:
Helene was using a classic personal appeal tactic when pleading JP no to tell on her. She relied on friendship and a personal relationship between them, which is what personal appeal is all about.
It is one of the <u>influence tactics</u>. If this was a<em> pressure tactic</em>, Helene would probably threat JP, which she didn't do in the example.
If it was a <em>coalition tactic</em>, Helene would try to get JP to help her persuade someone else, which is a non-existent aspect here.
<em>Legitimating tactics</em>, on the other hand, base on the authority gained by an individual's organizational position or some established policies.
<em>Exchange tactics</em> always imply some returned favors.
Answer:
It should be recommended that the customer should sell long.
Explanation:
As the offer in the question is contigent on 64% of the tendered shares, this makes the tender be inappropriate if the customer wants to cash out the position.
The right step to take is by selling the long position that has a new higher market price.
Therefore, it should be recommended that the customer should sell long.
Note that to sell long implies that stocks or any other financial investment instrument are purchased now for the purpose of selling them at a higher future price in order to make a profit.