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All commercial banks must keep an account with the Central Bank. These balances are used for cheque clearing purposes between banks. Payments for cheques between banks are set off at the Central Bank’s clearing house. The Central Bank can also demand commercial banks to deposit a certain percentage of their total deposits with the central bank in order to control the money supply.
The Central Bank is a lender of last resort and will aid commercial banks when needed. The Central Bank dictates the interest rate that commercial banks can offer by setting the bank rate. This is the interest rate set by the Central Bank and the rate at which commercial banks and the Central Bank do business, e.g. loans offered by the Central Bank to commercial bank.
Answer: Using television advertising
Explanation:
Push marketing strategy, refers to the strategy whereby take its products to the consumers in order to increase the exposure of the product.
Push marketing simply means pushing the brand through the use of promotions and paid advertisiment. On the other hand, pull strategy draws customers towards the product.
When planning a business presentation, the last
step in antwan's planning should be to gain a deeper understanding of the needs
of his audience.<span>
This statement is false.
<span>Because when planning a business presentation,
the first step should be to gain a deeper understanding of the needs of the audience. When you are presenting and audience is listening to you, they are like judges.</span></span>
Answer:
Debit Salaries Expense $4,000
Credit Salaries Payable $4,000
Explanation:
Preparation of the the the necessary adjusting entry of the month ends on Thursday
Based on the information given the necessary adjusting entry of the month ends on Thursday will be to Debit Salaries Expense with the amount of $4,000 and Credit Salaries Payable with the same amount of $4,000.
Debit Salaries Expense $4,000
Credit Salaries Payable $4,000
Answer:
True
Explanation:
When a firm has international operations it should choose the most appropriate structure based on the following factors:
- extent of international expansion: into how many international regions do we plan to expand our activities.
- the type of strategy: the have to choose between global, multidomestic or international strategy
- the degree of product diversity: on how many additional markets will our products compete? regionally or globally
Although 1 and 3 may be similar, there can be significant differences. For example, a US company may want to start selling their products in all of South America (regional product diversity), but it will do it by setting a South American office in Brazil only (international expansion is limited to Brazil only).
