The best way to handle that is to <span>Make a list of all of the questions that the borrower has at the end of the signing then have them contact the borrower for answers.
Doing this will make them able to prepare the answers beforehand and distinguish between which information they are allowed to give and which one to held.</span>
Answer:
The marginal propensity to consume is <u>92 percent</u>.
Explanation:
Marginal propensity to consume (MPC) refers to the additional expenditure on consumption by consumer as a result of an in national income.
That is, MPC is a measure of the proportion or percentage of the additional income that goes consumption expenditure.
MPC can be calculated using the following formula
MPC = ΔC / ΔY ......................................... (1)
Where;
ΔC = Change in consumption = New consumption - Old consumption = $1,168 - $800 = $368
ΔY = Change in income = New income - Old income = $1,400 - $1,000 = $400
Substituting the values into equation (1), we have:
MPC = $368 / $400 = 0.92, or 92%
Therefore, the marginal propensity to consume is <u>92 percent</u>.
Answer:
Residual risk
Explanation:
Is a type of risk whose threat(s) is not completely removed even after putting all control measures in place. It is calculated as:
Residual risk = inherent risk minus effect of risk control.
Answer:
a. Hiring former employees from other companies and assessing their knowledge.
Explanation:
"Benchmarking" is<em> a process conducted by a company when it wants to compare its performance with other competitors.</em> In order to do this, the company needs to look into <em>specific metrics</em> and<em> </em>approaches in order to analyze their company's operation and how well it does compared to others.
Hiring former employees from other companies and assessing their knowledge is not a typical/common strategy in order to obtain benchmarking data. Not many companies would like to rehire and if they ever do, it will be hard to use the benchmarking data since the former employee's company might be totally different from yours. Remember that competitive benchmarking is only done when you want to compare with your<u> competitors in the same field of business.</u>
Answer:
SUPPLY CHAIN
Explanation:
A supply chain refers to the network between a business and its distributors that manufactures and distributes to the ultimate customer a particular product. This network comprises various actions, individuals, organisations, knowledge, and assets. The supply chain often reflects the measures that it involves to have the products or services to the consumer from its original form.
A supply chain requires a number of steps to even get consumers to obtain a products or services. The measures involve transferring and converting raw resources into finished goods, shipping and selling such items to end users. The supply chain participating organisations include manufacturers, suppliers, distributors, delivery companies, distribution centers and retailers.
