Answer:
Investment trading
Explanation:
Financial institutions' core business is to sell loans. They accept deposits from customers and use those deposits to create loans to firms and individuals. Financial institutions are intermediaries of credit; they connect the demand and the suppliers of credit. Direct deposits are a way of depositing money while ATM's and debits card gives customers access to their deposits.
Investment trading is a service offered by stock exchange markets through stockbrokers and investment banks.
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A century ago workers needed to develop the manual, industrial skills required for making things today workers in the postindustrial economy must develop the intellectual skills required to manipulate symbols.
A post-industrial economy is a period of growth within an industrialized economy or nation in which the relative importance of manufacturing reduces and that of services, information, and research grows.
Industrial Skills Training is a branch of training designed to develop the skills and knowledge required of workers in the process and manufacturing industries
Learn more about post-industrial economy here
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Answer:
Design
Explanation:
In Simon model of decision making process there are four phases
• Intelligence
• Design
• Choice
• Implementation
- Intelligence phase: In this phase problem, situation and opportunity is being identified. The variable is identified which impacts the decision.
It is based on the objective of organization and project
- Design phase: This is the phase in which a model for decision is being created. It is done by identifying relation between the variable of decision-making process. Their relationship is established and then model is constructed. Based on the model various alternative of decision is created. The outcome for each decision option is also predicted and
- Choice phase: Based on model prepared by design phase. Various alternative of decision is created. In this phase the best decision is chosen which helps in attaining the objective most productively.
- Implementation phase: based on choice made. The action and activities of the decision is applied to situation or the opportunity.
In the problem defined the phase which is being discussed is one in which criteria of decision , alternative for meeting and relationship between choice and criteria is evaluated which corresponds to design phase as discussed in the above model.
Answer:
c. less corporate profits.
Explanation:
Subtract all the expenses from the revenue that are solely associated with Cookbook product line.
60000 - 36000 - 18000 - 2000 = 4000
This $4000 suggests that CookBook product line contributes profit of 4000 towards the company. So If the cookbook product line had been discontinued prior to this year, the company would have reported less corporate profits by $4000.
