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Stolb23 [73]
4 years ago
11

Help ASAP pls What is a bank? Explain 3-4 sentences

Business
1 answer:
Simora [160]4 years ago
5 0

A bank is a place you trust its were you store your values. It hold the thing you hold dear it holds the money you make from your job. It helps you and keeps your money safe an secure they worry about it do you dont have to.

You might be interested in
In more centralized organizations employees at all levels of the organization are involved in the decision-making process.
MaRussiya [10]

Answer:

B, False

Explanation:

A centralized organization can be defined as a decision-making process in which decisions are made and handled by the top executives of the organization.

This means that only employees in the highest of hierarchy in an organization are involved in the decision-making process rather than every employee in the organization. Decisions made by the top executives are to be followed by the other employees in the organization.

Cheers.

7 0
4 years ago
Gunk Goblin sells vacuums and just launched a policy where customers have the right to return a vacuum during a three-year perio
babymother [125]

Answer:

3 years after the right of return has expired

Explanation:

Generally accepted accounting principles (GAAPs) specify the scenario wherein revenue is to be recognized.

As per the accrual principle, revenue is to be recognized when earned and not when actual cash is received against it.

In the given case, the company allows it's customers to return the products sold within a period of three years. Hereby, the company must make a provision for contingency against future returns.

Here, the business should be able to estimate the number of vacuums that would be returned. Here, the company is unable to do so owing to no past record or history.

Hence, the company may have to wait till maximum period of 3 years i.e the time when products can no longer be returned, for recognizing revenue associated with the sales.  

8 0
3 years ago
A production line has three machines A, B, and C, with reliabilities of .99, .96, and .93, respectively. The machines are arrang
Lina20 [59]

Answer: plan B is better

Explanation:

Machines _____reliability

__A__________ 0.99

__B__________ 0.96

__C__________ 0.93

Backup machines A, B, C also have similar probabilities :

PLAN 1:

P(success) = 0.99 * 0.96 * 0.93 = 0.8839

P(line fails) = 1 - 0.8839 = 0.1161

P(backup) = 0.99 * 0.96 * 0.93 = 0.8839

P(success) + [p(line fails) * p(backup)]

0.8839 + (0.1161 * 0.8839)

0.8839 + 0.10262079

= 0.9865

Plan B:

Backup is provided for each machine ;

P(success) + [p(line fails) * p(backup)] for each of machine A, B and C

Machine A:

0.99 + (1 - 0.99)*0.99 = 0.9999

Machine B:

0.96 + (1 - 0.96)*0.96 = 0.9984

Machine C:

0.93 + (1 - 0.93)*0.93 = 0.9951

A*B*C = 0.9999 * 0.9984 * 0.9951 = 0.9934

Plan B has greater probability of success.

2.) plan A provides a central or one single backup option should any of the machines fail. However, plan B provides separate backup options for each of machines A, B and C.

3.) choosing a plan may also depend on the cost of providing each backup plan.

3 0
3 years ago
A clinic has been set up to give flu shots to the elderly in a large city. The design capacity is 50 seniors per hour, and the e
SashulF [63]

Answer:

d. Design utilization is 66%.

Explanation:

If the clinic gave flu shots to 330 seniors over ten hours, that's an average of 33 seniors per hour, comparing to the design capacity and effective capicity gives:

DesignPerc = \frac{33}{50} = 0.66\\ EffectivePerc= \frac{33}{44} = 0.75

Therefore, Design utilization is 66% and Effective utilization is 75% so the answer is D.

7 0
4 years ago
Which closing best expresses a desire to satisfy the customer and signals confidence that the problem has been resolved? a. We a
Sergio039 [100]

Answer:

The closing that best expresses a desire to satisfy the customer and signals confidence that the problem has been resolved is:

b. Thanks again for writing. Your satisfaction is our utmost goal. We hope that the new bag will help you get over your disappointment and the inconvenience of buying a defective product. As I said before, such flaws are extremely rare.

Explanation:

The closing of 'a' in this case sounds unbusinesslike, to say the least.  It is very much unlike the closing of 'b' which is very apt.  The customer should never be made to appear to be at fault for patronizing our products.  The customer's satisfaction should be the utmost guide for maintaining correct customer services.  Trying to attribute a product's fault to a customer is totally wrong and sounds unprofessional.  Finally, option 'c' lacks basic customer service courtesy as it appears to be a command directed to the customer.

4 0
3 years ago
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