Answer:
Carly will have $1,433 in her account at the end of 10 years.
Lara will have $1,280 in her account at the end of 10 years.
Explanation:
Simpe interest pays the simple trust on the principal amount. There is no reinvestment of interest.
In compounded Interest the Interest earned from the investment is reinvested and again interest on principal and interest amount reinvested is earned.
Carly Deposit balance
Principal amount = $800
Blance after 10 years = $800 ( 1+ 6% )^10 = $800 x 1.791 = $1,433
Lara Deposit balance
Principal amount = $800
Amount of Interest for 10 years = 800 x 6% x 10 = $480
Blance after 10 years = $800 + $480 = $1,280
The board of directors, employees, and owners are an organization's internal stakeholders.
<h3>What is the role of internal stakeholders?</h3>
People who have a direct interest in a company, such as through employment, ownership, or investment, are said to be internal stakeholders. External stakeholders are people who do not directly work for a company but are nonetheless impacted in some way by the decisions and results of the enterprise. They participate in the company's management and have voting rights.
They are both members of the board of directors and the company's largest investors. As a result, they possess all the authority that other members of higher-level management do and are able to alter the course of the business. According to research, employees are by far the most significant stakeholder group for organizations, coming out ahead of clients, vendors, neighborhood associations, and shareholders by a wide margin.
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Answer:
The company provides micro financial services to poor and the needy people having no access to regular banking services
This helps to boost small businesses and financial inclusion which are heart of any economy and vital to the economy and promoting growth.
Possible measures taken by the organization includes providing funds for at lower interest rates and providing credit services. Subsidized credit to deficient areas increases productivity and employment growth by means of boosting the small and medium-sized enterprises.
This may work in poor communities in United States. However in united schemes there are lots of other governmental schemes such as coupons, free food etc program are already running.
However, these programs are also carrying a potential here. But there potential is much greater in poor countries having less developed banking and financial reach.
Explanation:
Outsourcing is so sophisticated that even core functions such as engineering, research and development, manufacturing, information technology, and marketing can be moved outside the firm.
The practice of employing a third party from outside a business to carry out tasks or produce commodities that were previously completed in-house by the business's own employees and personnel is known as outsourcing. Companies typically engage in outsourcing as a cost-cutting strategy.
The outside business, often referred to as the network operator or third-party provider, makes arrangements for its own personnel or technological resources to carry out the duties or offer the services either on-site at the premises of the hiring business or at other places.
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