The FDIC stands for Federal Deposit Insurance Company.
By raising the limit on insured losses the FDIC helps stabilize the system by instilling confidence.
If the consumer knows that their savings accounts are protected up to $250,000 they will be encouraged to spend money during a time of crisis.
Because of the increased limit, there is less probability that there would be something called
"a run on the bank."
Answer:
$1,550,000
Explanation:
The computation of the operating income is shown below:
As we know that
Operating income = Sales - variable cost - fixed cost
where,
Sales = 32,000 parts × $60
= $1,920,000
Variable cost = 32,000 parts × $10
= $320,000
And, the fixed cost is $50,000
So, the operating income is
= $1,920,000 - $320,000 - $50,000
= $1,550,000
We simply applied the above formula to determine the operating income
Xyz company is a low-cost provider. Xyz is most susceptible to ANY NEW INNOVATIONS OR INVENTIONS FROM A COMPETITOR COMPANIES.
Low cost strategy is one of the three generic marketing strategies. It is a pricing strategy in which a service provider or a company reduces the cost to increase profit and demand.
Answer:
i would say true
Explanation:
a trust fund is given to a person or lawyer
an estate has an estate manager
most property is owned by a person or the bank
and the same with money is owned by a company or bank
Answer:
(C) Direct imitation and Substitution
Explanation:
As a leading guitar string producer Wound Up inc. has enjoyed a competitive advantage based on its proprietary coating that gives its strings a clearer sound and longer lifespan than uncoated strings. One of Wound Up's competitors, has recently developed a similar coating using less expensive ingredients, which allows it to charge a lower price than wound up for similar-quality strings. Therefore and consequently, Wound Up's competitive advantage is in danger due to direct imitation and substitution. As it has been very much obvious from the given data that Wound Up was enjoying superior position in the market based on the clearer sound and longer lifespan of its guitars, which was purely due to their signature coating which they used on the strings. When on its competitor has developed the same kind of coating but even at the lesser rates, then of course, they can enjoy much better position in the market and they can compete much effectively with the Wound UP, both in quality and price as well. This direct imitation and substitution can lead Wound Up losing its competitive advantage, therefore, either they can develop the same strings at the less process or they have to come up with something totally new, creative and unique in order to win this competition now.
