Answer:
A bank run occurs when a large number of customers of a bank or other financial institution withdraw their deposits simultaneously over concerns of the bank's solvency. As more people withdraw their funds, the probability of default increases, prompting more people to withdraw their deposits.
Answer:
Accounting profit= $55,000
Explanation:
Giving the following information:
Last year, he earned $70000 in revenue. He had explicit costs of $15000.
<u>The accounting profit doesn't take into account the opportunity cost of other income options.</u>
Accounting profit= 70,000 - 15,000= $55,000
The correct answer is (b) importing.
importer is buying products from another country.
<h3>What Exactly Is an Import?</h3>
An import is an item or service purchased in one nation but manufactured in another. The two pillars of global trade are imports and exports. if a nation's imports are more than its exports in value.
Free-trade agreements and a reliance on imports from nations with less expensive labor frequently appear to be the main causes of the reduction in manufacturing jobs in the importing country. Free trade makes it easier to import products and raw materials from regions with less expensive labor costs, which lessens the need for domestically produced items. Between 2000 and 2007, the effects on manufacturing jobs were noticeable, and the Great Recession and the subsequent slow recovery only made matters worse.
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Explanation:
The wholesalers can have different forms depending upon the volume of business, number of products/services dealt with, etc. the wholesalers have the ability to influence the producers and the retailers.
If the wholesalers are large, their businesses are important and they can put more pressure on the producers and the retailers. They can introduce their own brands or sell private brands and get the pricing freedom.Some of the types of wholesalers are:-
1. Manufacturer Wholesalers 2. Retail Wholesalers 3. Pure Wholesalers 4. Agents and Brokers 5. Assemblers 6. Merchant Wholesalers 7. General Merchandise Wholesalers
8. General Line Wholesalers 9. Speciality Wholesalers 10. Local Wholesalers 11. Regional or Sectional Wholesalers 12. National Wholesalers 13. International Wholesalers 14. Limited Function Wholesalers and a Few Others.
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The requirements and expectations of all the stakeholders are the focus of stakeholder management, yet a fundamental error that occurs is the undersatisfaction of all stakeholder groups.
<h3>Who Are the Stakeholders?</h3>
A stakeholder is a person, group, or organization whose interests are affected by a project's or business venture's outcome. The success of the project is important to stakeholders, who may be inside or outside the sponsoring company. Stakeholders are crucial since their decisions can have a good or negative impact on the project. There are other important stakeholders whose backing is required for the project to proceed.
Like every other participant in the project, a stakeholder is a person, but some are simpler to manage than others. Stakeholder mapping techniques must be learned if you want to find out who your main stakeholders are and make sure you are meeting their needs.
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