1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Len [333]
3 years ago
10

In the mid 1990s, a radical new introduction to the mortgage industry was made that would revolutionize the way in which most ho

me loans were processed by classifying borrowers according to their riskiness. This was the introduction of ____________________ in the borrower evaluation process.
Business
1 answer:
Karo-lina-s [1.5K]3 years ago
4 0

Answer:

the FICO score

Explanation:

The FICO Score helps the lenders to determine the how is the borrower likely to repay the loan. It is used to determine the creditworthiness and the lenders take a FICO score of the borrower into the account and also consider details like income and other things.

FICO Score helps the lenders make smarter as well as quicker decisions.

The Fair Isaac Corporation (FICO) the score to provide industry-standard for the scoring creditworthiness.

You might be interested in
In which strategy does the acquiring company impose its culture and business practices on the acquired organization?
Mila [183]

Employees usually resist organizational trade, particularly when they're requested to throw away private and cultural values. underneath those situations, some obtaining companies follow a deculturation strategy through enforcing their lifestyle and enterprise practices on the acquired organization.

A deculturation strategy of merging company cultures has to be carried out: whilst personnel at the obtained enterprise willingly embody the cultural values of the acquiring organization. whilst both companies operate successfully in different industries. while the received firm's lifestyle does not work.

Alternatively obtaining organizations often apply a deculturation strategy via imposing their lifestyle and business practices on the received organization. They strip away artifacts and praise systems that support the antique culture. folks who can't adopt the acquiring enterprise's culture are often terminated.

Learn more about organization here: brainly.com/question/24448358

#SPJ4

7 0
2 years ago
Which of the following statements is not correct? Employees have limited protection against surveillance by employers.
babunello [35]

Answer: As with normal first-class mail, employers cannot read employee e-mail."

Explanation:

From the options given, the correct statements are that:

• Employees have limited protection against surveillance by employers.

• The large majority of organizations monitor employee Internet usage.

• The large majority of organizations use URL filtering.

• Employees should be aware that surveillance is legal.

The option that "as with normal first-class mail, employers cannot read employee e-mail" is incorrect. Employers can read the email of their workers.

3 0
3 years ago
Using the variable cost method, determine the selling price (rounded to the nearest dollar) for 30,000 units using the following
Brilliant_brown [7]

Answer:

c. $8

Explanation:

Calculation to determine the selling price

First step is to calculate the Markup percent

Markup percent= (90,000 + 150,000) / (30,000 x 15)

Markup percent = .533

Now let calculate the selling price

Selling price=533 x $15 per unit

Selling price= $8

Therefore the Selling price will be $8

7 0
3 years ago
Carla Vista Company has the following information available for September 2020.
dmitriy555 [2]

Answer:

Carla Vista Company has the following information available for September 2020.

Unit selling price of video game consoles $410

Unit variable costs $328

Total fixed costs $36,900

Units sold 600

Compute the unit contribution margin.

Unit contribution margin enter the unit contribution margin

Prepare a CVP income statement that shows both total and per unit amounts.

Compute Carla Vista’ break-even point in units.

Break-even point in units enter Break-even point in units units

Prepare a CVP income statement for the break-even point that shows both total and per unit amounts.

7 0
3 years ago
A service is usually offered as part of a bundled package of services with a core service and one or more ____ services.suppleme
JulsSmile [24]

Answer:

A, supplementary

Explanation:

A supplementary service can be said to be an added service to an original service package.

That is, a supplementary service can be said to be an extra service or services that is embedded in a whole service.

For example, when you go to a tech store to have your hard drive replaced, a supplementary service such as general cleaning and routine check of your computer is included in the hard drive replacement service.

The main or core service is hard drive replacement while the supplementary service includes cleaning and routine check of other computer components.

Cheers.

4 0
3 years ago
Other questions:
  • 1. Why might social business be especially useful for global companies?2. What were some of the benefits that IBM social tools c
    7·1 answer
  • The ability to use logic and sound judgment to make decisions based on available information to complete the mission or task is
    10·1 answer
  • Navarro, Inc., plans to issue new zero coupon bonds with a par value of $1,000 to fund a new project. The bonds will have a YTM
    8·1 answer
  • During summer vacation, you charge people $8 per hour for swimming lessons and a $20 registration fee. If you make $52 one day,
    9·1 answer
  • Assume that the 4K and OLED television sets industry is perfectly competitive. Suppose a producer develops a successful innovati
    5·1 answer
  • ash Flows from Investing Activities During the year, Murray Company sold equipment with a book value of $125,000 for $175,000 (o
    6·1 answer
  • A firm has a debt-total asset ratio of 61 percent and a return on total assets of 11.4 percent. What is the return on equity
    11·1 answer
  • Hewo how are u today
    15·2 answers
  • HELPPPPPPPPPP
    14·1 answer
  • When collective decision making is utilized to resolve economic questions regarding the allocation of resources,
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!