The banker has a set amount he or she can say yes it ok for the loan .
after that the banker has to ask the manager then the manger has to ask people higher up so what happens is in the bank when they have to get others opinions what happens is they share the cost of the loan if not payed back as a loss to both not just one
Answer:
Check the explanation
Explanation:
a1.Present value of $8500=$8500
the Present value of $3000 a year for 5 years=$3000*Present value of annuity factor(9%,5)
the Present value of annuity=Annuity[1-(1+interest rate)^-time period]/rate
=$3000[1-(1.09)^-5]/0.09
=$3000*3.889651263
=$11668.95(Approx)
The Present value of $41000=$41000*Present value of discounting factor(rate%,time period)
=$41000/1.09^5
=$26647.19(Approx).
Therefore $41,000 received at end of five years is a better value.
An indicator of project success within an organization is the strength of the Organization Culture to support the project management structure.
<h3>The value of culture to your business</h3>
All facets of your company are impacted by organizational culture, from contract terms and employee perks to timeliness and tone. Your employees are more likely to feel at ease, supported, and valued when your workplace culture matches their preferences. Companies that place a great emphasis on culture are better able to withstand challenging times and changes in the business environment.
When it comes to luring people and exceeding the competition, culture is a crucial edge. Nearly half of workers would quit their current position for a lower-paying position at a business with a superior culture, and 77 percent of job seekers think about a company's culture before applying.
To know more about ' Organization Culture', visit :brainly.com/question/26965722
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Answer:
The correct answer is B
Explanation:
Marginally attached workers are those workers or person who are not in the labor force but want and also available for work and the persons looked for a job sometime in the previous twelve months.
These kinds of workers will not counted as an unemployed worker due to they had not looked for work in previous 4 weeks, for any reason.
So, the marginally attached workers or persons are those people who are not working yet but looking for work and will also work if asked.
Answer:
The personal selling process can be defined as the personal contact between a seller and a potential buyer. In order to complete this process it is necessary to identify some steps that are implicit in the purchase.
Explanation:
The personal selling process can be defined as the personal contact between a seller and a potential buyer. In order to complete this process it is necessary to identify some steps that are implicit in the purchase.
Prospecting
Pre-approach
Approach
Presentation
Meeting objections
Closing the sale
Follow-up
Pre-approach: In Jane`s case, she first identify the prospects by list she purchase with the subscribers to the journal once normally people who buy this media are normally the ones who work in offices and therefore they may have some economic power.
Approach: Jane personally called the list in order to narrow the path and classify the ones that could be possible customers for her by having a closer and more friendly approach.
Presentation: The moment of the presentation occurs during the call when Jane explains that she is calling in order to know about their investment needs, once she is letting the possible customer know in an implicit way that she offers investment advice.
Meeting objections : In the second call, Jane is offering some information about the possible good investment customers can have, according to each subject she called there can be different kinds of questions that the seller would have to answer during the meeting objections step.
Closing the sale: and finally, Jane is trying to close the sale with the question she asks, would you like to open an account?
