1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dedylja [7]
3 years ago
11

What is the main purpose for the operation bank

Business
1 answer:
love history [14]3 years ago
3 0

Answer:

To secure people's money

Explanation:

People's money can easily be stolen but if you put your money in the bank they would have to be a skilled hacker to steal your money

You might be interested in
On July 1, 2021, Tremen Corporation acquired 30% of the shares of Delany Company. Tremen paid $3,160,000 for the investment, and
Alenkasestr [34]

Answer:

Amount paid to acquire investments                            $3,160,000

<em />

Net income                                             $1,100,000  

Less: Yearly dividends (140,000*4) <u>($560,000)</u>

Income after dividends                          <u>$540,000</u>

Share in income after dividends

for 6 months  ($540,000 * 30% * 6/12)                             <u>$81,000</u>

Balance of investments of Tremen corporation    <u>$ 3,079,000</u>

Hence, the balance of investments of Tremen corporation in Delany company is $3,079,000 .

5 0
3 years ago
Influencer Technology is working to improve the level of quality and reduce the level of complaints in the services it provides
bekas [8.4K]

Answer:

Six Sigma

Explanation:

Six Sigma is a quality business management strategy which helps business organizations to improve the quality of processes, products and services by discovering and eliminating defects, variations or errors. It is a strategic business concept that was developed in 1986 by Motorola.

Under the six sigma approach, any process that doesn't provide customer satisfaction or causes challenges in an organisation's process should be eliminated from the system in order to produce quality products and services. It allows only 3.4 defective features for every million opportunities and as such expects processes to be defect free 99.99966 percent of the time.

Generally, there are two (2) main methods of achieving the six sigma approach;

1. DMAIC: define, measure, analyze, improve and control. it is a data-driven improvement cycle used for improving processes and driving Six Sigma projects.

2. DMADV: define, measure, analyze, design and verify.

In conclusion, Six Sigma is used by various organizations or professionals to improve the level of quality of their products or services, as well as reducing to the barest minimum, the level of complaints in the services it provides to clients. Also, the Six Sigma approach to quality control avails businesses the ability to detect potential problems early, so as to prevent their occurrence.

5 0
2 years ago
A small company has 5000 shares. Lauren owns 200 of these shares. The company decides to split its shares. What is Lauren's owne
Slav-nsk [51]
4% is the Answer to the question
5 0
3 years ago
Read 2 more answers
Describe the functions of SARB​
zavuch27 [327]

Answer:

The Reserve Bank's responsibilities include formulating and implementing monetary policy, promoting financial stability, issuing banknotes, providing banking services to government, operating the high-value payments system, managing Australia's foreign reserves and setting payments system policy.

8 0
3 years ago
Read 2 more answers
If a firm has 50 employees at the point it applies for health coverage, what is its classification?
MAXImum [283]

If a firm has 50 employees at the point it applies for health coverage, it classifies as a small employer.

To be eligible for small business medical health insurance, an agency has to have between one and 50 employees. This is taken into consideration as a small commercial enterprise for purposes of purchasing organization medical health insurance. When you have extra than 50 employees, you will need to: observe for huge group insurance

Under the ACA, employers with 50 or greater full-time employees (or the equal in element-time personnel) ought to offer health insurance to 95% of their complete-time personnel or pay a penalty to the IRS. This penalty is pretty hefty—$3,860 in step with the worker in line with the year (in 2020).

The Affordable Care Act (ACA) is a comprehensive reform law, enacted in 2010, that will increase medical health insurance coverage for the uninsured and implements reforms to the medical health insurance market. This consists of many provisions which are constant with AMA coverage and holds the capacity for a higher health care system.

Learn more about the Affordable Care Act here brainly.com/question/26495011

#SPJ4

5 0
2 years ago
Other questions:
  • A recent report indicated that families in a certain country typically spend about $175 per week on groceries. To investigate wh
    6·1 answer
  •   Which of the following business entities would allow you the most personal control?
    14·2 answers
  • On January 1, 2016, Woodstock, Inc. purchased a machine costing $40,000. Woodstock also paid $1,000 for transportation and insta
    6·1 answer
  • What is an example of a functional organizational structure?
    9·1 answer
  • Suppose that you are a big fan of the Harry Potter books. You would love to own a copy of the very first printing of the first​
    6·1 answer
  • Inventories do not include $15,000 of merchandise that was in transit on December 31, which was sold to a customer with terms f.
    8·2 answers
  • Managers of Wendy's fast-food restaurants keep track of prices at competitors such as McDonald's, Burger King, and Arby's, knowi
    6·2 answers
  • The renewal probability is assumed to be 60% for a particular lease with 12 months vacant if the lease is not renewed. The expec
    7·1 answer
  • is it hard to get a job at chik fil a? kinda stupid question ik, I just really need money. if so any recommendations? ​
    14·2 answers
  • Why are 4 of 1K plants not working for all Americans
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!