A Cross-functional team will be formed when a writer, an illustrator, a publisher and an agent work together.
<h3>What is a
Cross-functional team?</h3>
This means the groups of people from various departments in an organization that work together to achieve a common goal.
Hence, when writer, an illustrator, a publisher and an agent work together, this is known as a Cross-functional team.
Therefore, the Option B is correct.
Read more about Cross functional team
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Answer:
Profit of $3000
Explanation:
The exchange rate of a future contract is usually fixed at the time when the contract is buy 100,000 euros at a futures contract price of $1.22.
The Value in dollars at the time is: $122,000
At the maturity spot rate of the euro is $1.25.
The value of the contract is: $125,000
The difference:
$125,000-122,000
=$3000.
Since the maturity spot rate is higher, there is a profit of $3000 from speculating with the futures contract.
Option A.
The best way to avoid disasters at a catering event is to prepare backup food.
Always we should have a backup option so that in case, any mishappening or disaster hapens, the guest can be served something and they won't have a bad experience m
Answer:
(a) The federal fund rate is the rate at which banks borrows funds from the other banks. So, the federal fund rate in this situation is 0.25%. This is normally applicable for the creditworthy organizations. It is set by the federal open market control. Open market operations is used by the federal bank to control the money supply in an economy and to set the federal fund rate.
(b) The discount is the rate at which banks borrows form the federal reserves account. In the current scenario, the discount rate is 1.15%. It is generally higher than the federal funds rate.
