The Federal Reserve has many responsibilities but the main one is to establish monetary policy. The Federal Reserve helps control all of the U.S. banks and what is allowed and what is not allowed to happen based on their rules regarding funds. The Federal Reserve is the central banking system in the United States and it was created in 1913. This system was put in place to have one central location of policies and funds within the United States.
Answer:
See explanation section
Explanation:
See the following images to get the appropriate answer.
Answer:
Tiered brand
Explanation:
Tiered branding is a strategy used to leverage a company's reputation for a product line. This develops a distinct identity for the product line.
In the given scenario Sony brand I being leveraged to promote the Sony Walkman.
Usually the common tiered branding is two tiered branding. The top tier is the parent brand while the second tier is the sub brand.
So Walkman is the sub brand that uses the reputation of Sony to boost awareness and sales of the new product.
Answer:
To create the collar, the customer would: <u>buy 1 PHLX 59 SF Call and sell 1 PHLX 61 SF Call.</u>
Explanation:
The meaning of a "collar" is that a put is bought at a strike price that is less than the price of the underlying instrument (this implies that a floor has been put on the price of the instrument); and that a call is disposed at a strike price which is higher than the price of the underlying instrument (this indicates that a ceiling above which the instrument will be called away has been created).
When a collar is put on the price, it indicates that the customer is majorly giving a guarantee for the underlying instrument's minimum and maximum price.
This should make the net cost of the collar to be close to zero due to the fact that the two contracts are "out the money" and also because the premium paid to buy the put is offset by the premium received when the call was sold.
Therefore, since customer in the question wishes to place a collar on the position using PHLX SF FLEX options, he would <u>buy 1 PHLX 59 SF Call and sell 1 PHLX 61 SF Call</u> to create the collar.
Answer: Business process re-engineering
Explanation:
Business Reengineering is the fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical, contemporary measures of performance, such as cost, quality, service, and speed” – Michael Hammer and James Champy
Business process reengineering is an approach used to improve organizational performance by increasing the efficiency and effectiveness of processes that exist across the organization. In addition to the redesigning of business processes, it also involves the redesigning of associated systems and organizational structures.
