The answer to the question above is "To maintain its liquidity if customers make demand whether its withdrawal or saving" based on the reserves meaning. A central bank holds the commercial banks excess of capital to maintain their liquidity. A bank will always have the liquidity risk to its business. This reserve is made to assure banks' liquidity.
Answer:
Differentiation strategy
Explanation:
Differentiation strategy is an approach by a business to make its products and services unique and better in comparison to products from its competitors. The strategy aims at creating a perception in customer's minds that the company products are superior.
The company aims to attract more sales by distinguishing itself from the competition.
Answer:
d. Google Ads gives you control over your budget.
Explanation:
As the services work with daily budget the company can chose every day to change the amount of advertizement into the campain Making more ads at lauch and then decreasing overe the following days.
This is not posible in other methods as the radio fee or TV fee are purchase per broadcast or per month thus, the company either pays the fee or the product doesn't get the add.
On gogle add the company decide the amount. Which clearly is a better deal for small and medium firm and even larger firm as well.
Answer:
a. decrease by $58,800 per month
Explanation:
The computation is shown below;
<u>
Particulars Amount </u>
Contribution from product X $94,800 ($28 - $22) × 15,800 units
Less: Fixed cost -$108,000
Net loss avoided -$13,200
Non-avoidable fixed cost $72,000
The Total cost in case the product fall $58,800
Hence, the correct option is a.
