Answer:
The answer is
1. False
2. True
3. True
4. True
5. False
Explanation:
1. False. Banks does not keep the entire value of all customer deposits in the bank vault. Some customers deposit will be given out as loan and other Investment opportunities.
2. True. Loans given out to borrowers are part of customers' deposits.
3. True. Bank run occurs when customers try to withdraw their money from a bank at once, maybe the bank is in crisis.
4. True. Federal Deposit Insurance Corporation protects customers' deposits
5. False. The fractional reserve banking system requires all banks to keep part of customer deposits in the bank vault to prevent bank runs
Answer:
Effective Communication
Explanation:
The goal of effective communication is understanding between sender and receiver. In other words, when the message is understood as intended, effective communication happens.
Michael is taking care of the words he uses, his arguments, and the format, and these actions will help him achieve the goal of effective communication.
Answer:
B. 20.0% and 35.0%
Explanation:
Jett Co.'s Average tax rates for 2015 = Income taxes paid / Taxable income
When, Taxable Income = Sales - Cost of goods sold - Operating expenses
= $1,200 - $850 - $200
= $150
Hence, Jett Co.'s Average tax rates for 2015 = $30 / $150
= 20%
Jett Co.'s Average tax rates for 2014 = Income taxes paid / Taxable income
When Taxable Income = Sales - Cost of goods sold - Operating expenses
= $1,000 - $700 - $200
= $100
Hence, Jett Co.'s Average tax rates for 2014 = $35 / $100
= 35%
Answer:
groupthink
Explanation:
In team discussions and debates, groupthink is a common phenomenon where team members tend to agree with others without a constructive discussion filled with arguments. It is very common when an authoritative person (manager) is leading the discourse of discussion.
In this example, the reached consensus is an example of groupthink, since the team members did not critically evaluate the troublesome issue.
The variables that have to be considered while thinking of the organic structural design would be
- Corporate strategy
- Firm size
- The business environment
<h3>What is referred to as organic structural design in business</h3>
This is the term that is used to refer to the work environment that has the horizontal method of communication.
In this organization, there would be communication between the various departments that are in it.
Read more on organic structural design here:
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