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fiasKO [112]
3 years ago
9

Kindly suggest an effective strategy to help new entrants gain a significant share of the financial service market

Business
1 answer:
Svet_ta [14]3 years ago
8 0

Answer:

Franchising.

Explanation:

Franchising is an effective way to enter into market when a person has few or no knowledge about the market conditions. This is most suitable for food chains as there is no or minimum changes required for the operations. It is safe option for new entrants.

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American Bank quotes a bid rate of $0.026 and an ask rate of $0.028 for the Indian rupee (INR); National Bank quotes a bid rate
Vinvika [58]

Answer:

c. buying rupees from National Bank at the ask rate and selling them to American Bank at the bid rate.

Explanation:

  • Locational arbitrage is a strategy in which one seeks profits from the difference in exchange rates for the same currency at different banks.
  • In our case for locational arbitrage one will have to buy Indian rupee from National bank at the ask rate and then sell them to American bank at the bid rate to make profit.
3 0
4 years ago
Scenario D: Theo, Diana, and Teddy, who work for different organizations, are comparing the diversity makeup of their respective
Marrrta [24]

Answer:

"B"

Explanation:

Monolithic organization is an organization that forcefully incorporate all employees into a particular culture being practiced. It can be a very large organization but lack flexibility and its rate of reaction to changes can be very slow.

Its operational system are complicated as resources can be scarce. It believes it can influence employees' motivation, customers, the market and any other complex system.

This description fits into the situation at Teddy's place of work

3 0
3 years ago
Einstein Company is preparing its cash budget for the upcoming month. The beginning cash balance for the month is expected to be
sveta [45]

Answer:

$29,000

Explanation:

Calculation would be as follows:

Particular                                   Amount ($)

Beginning Cash                          10,000

Add: Cash Receipt                      85,000

Less: Cash Disbursement          (66,000)

Cash Available                            29,000

Hence, the cash available over disbursement for the month would be $29,000.

3 0
3 years ago
In February, Pedro, the manager of a pool supply and cleaning company, is looking at the upcoming need for more workers to handl
Mademuasel [1]

Planning is the management process that Pedro is using.

Answer: Option A.

<u>Explanation:</u>

Management process is the process that has certain steps and procedures in it that a business organisation needs to follow to achieve the goals of the organisation and for the betterment of the business organisation for which the employers are working.

The various steps and procedures of the management process are planning, organizing, managing, leading, controlling and so on. Planning is the management process in which all the resources needed to achieve the organisational goals are planned and there is proper thinking before acting to achieve the goals.

5 0
3 years ago
"Americans in this decade are less likely than in the prior decade to say they want to lose weight, with the average dropping fr
Scilla [17]

Answer a. Estimate a population proportion.

Explanation:

A population proportion denotes a specific attribute of a population measured in percentage, the above analysis is on losing weight by the populace.

A mean only refers to the average of the population without reference to a particular quality.

The analysis is not testing a claim but it's only making reference to earlier findings on the population. A claim would have given us a specific quality which the population has been predicted or established to adhere to.

4 0
4 years ago
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