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3 years ago

Benchmarking involves:

Business

1 answer:

creativ13 [48]3 years ago

5 0

Answer:

1. comparing how different companies perform various value chain activities and then making cross-company comparisons of the costs and effectiveness of these activities.

Explanation:

Benchmarking -

It is the method of comparing the business performance and the process like the cost , time and quality .

Benchmarking is also known as process benchmarking , or , best practice benchmarking .

It is the comparison among various companies , that how the company performs various value chain activities .

Hence , from the question , the correct statement for the given term is ( 1. ) .

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A thief steals an ATM card and must randomly guess the correct three-digit pin code from a 9-key keypad. Repetition of digits

Dennis_Churaev [7]

Answer:

The thief has a 0.11% probability of hitting the pin code on the first try.

Explanation:

Simply, if the ATM card has a 3-digit code that can be repeated, and the board has 9 numbers (for example, from 1 to 9), we must start from the smallest number that could be formed with these numbers to the highest number that these numbers could also compose, which in the case would be 111 and 999. Then, 889 different numbers could be formed (it is the distance between 111 and 999), with which the possibility of hitting the key to the first attempt would be 1 in 889 times, or 1/889.

To take the probability to a percentage, we must know that 889 / 8.89 gives 100. Therefore, dividing 1 / 8.89 we will know the percentage of probabilities of hitting the key on the first attempt: 1 / 8.89 = 0.11.

This shows us that the thief has a 0.11% probability of hitting the key on the first try.

7 0

3 years ago

PLZ HELP ASAP FOR ECON !!!

Alja [10]

Answer:

it decreased

Explanation:

the graph shows that the line went down therefore showing it decreased

3 0

2 years ago

(a) Bank of Marienfield started its first day of operations with $150 million in capital. It received a total of $100 million i

Juliette [100K]

Here, we are going to prepare the balance sheet of Bank of Marienfield using the information given in the question..

Formula for Total liabilities is Capital + Checkable deposit + Loan from bank

Given Information

Capital = $150 Million

Checkable deposit = $100 Million

Loan from bank= $50 Million

Total liabilities = $150 Million + $100 Million + $50 Million

Total liabilities = $300 Million

Additional given Information

Commercial loan = $150 Million

Investment in shares = $120 Million

Investment in Treasury bonds = $20 Million

Required reserve = Checkable deposit * Required reserve rate

Required reserve = $100 Million * 10%

Required reserve = $10 Million

Excess reserve = Total liabilities - (Commercial loan + Investment in shares + Investment in Treasury bonds + Required reserve)

Excess reserve = $300 Million - ($150 Million + $120 Million + $20 Million + $10 Million)

Excess reserve = $300 Million - $300 Million

Excess reserve = $0 Million

Balance sheet of Bank of Marienfield.

Assets Amount Liability Amount

Required reserves $10 million Bank capital $150 million

Excess Reserve $0 Checkable deposit $100 million

Commercial loan $150 million Loan from bank $50 million

Investment in shares $120 million

Invest. Treasury bond $20 million

Total $300 million Total $300 million

3 0

3 years ago

"You save $3,260.00 in a savings account earning a 3.55% APR compounded monthly. How much is the total interest earned by the en

sammy [17]

Answer:

$ 29.018 ( approx )

Explanation:

The amount formula in compound interest,

$A=P(1+r)^t$

Where,

P = principal amount,

r = rate per period,

t = number of periods,

Here, P = $ 3260.00,

Since, the amount is compounded monthly,

So, the number of periods in 3 months, t = 3,

Also, annual rate = 3.55 % = 0.0355,

So, the rate per month, r = $\frac{0.0355}{12}$ (∵ 1 year = 12 months)

Thus, the amount after 3 months,

$A=3260(1+\frac{0.0355}{12})^3=3289.01817638\approx 3289.018$

Hence, the total interest earned,

I = A - P =3289.018 - 3260 = $ 29.018

3 0

3 years ago

Hunter’s paradise sells merchandize on account to outdoor haven for $3,280, terms 2/10, n/30. what should the journal entry be t

Schach [20]

These are payment terms in the accounting. The first term 2/10 means that if you can pay the amount after 10 days, you would be given a 2% discount. If not, that's what the second terms means. This means you have to pay the net or full amount within 30 days.

So, if he can pay within 10 days, he will only have to give $3214.4. If not, then he would have to pay $3280 within 30 days.

4 0

3 years ago

Read 2 more answers