Answer:
When your superior offers you a raise if you will perform additional work beyond the requirements of your job, he/she is exercising Reward power
The primary benefit of in-house banking as used by a major corporation is a reduction in overall banking costs and improved ability to manage internal and external FX risk.
<h3>What is
in-house banking?</h3>
When something is done "in-house," it is done by a corporation on its own, as opposed to using outside vendors.
In-house legal teams, developers, marketers, and other specialist services are frequently used by larger organizations.
While outsourcing those divisions to third parties is typical practice for some businesses, maintaining those functions in-house can give a company better operational flexibility.
Automakers and banking institutions frequently use internal finance.
There are costs associated with retaining some experts on staff because they need to be paid a full-time salary even if they are not constantly needed.
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Newspaper distributors are not concerned because the second copy that is taken will be of less value to the customer or thief since they would contain the same information. Thus, acquiring more than one copy is not a loss of revenue to the distributors.
Answer:
M1 = $3000
Explanation:
Below is the given values:
Given the currency = $1000
The balance of checking account = $2000
In order to find the M1, just add the balances of currency and balances of the checking account.
Thus M1 = Currency + Balance of checking account
M1 = 1000 + 2000
M1 = 3000
Therefore, the M1 = $3000
