Answer:
Yes, there was a bilateral mistake of material fact.
A required reserve ratio of 7 percent gives rise to a simple deposit multiplier of 14.29.
<h3>What is reserve ratio?</h3>
The reserve ratio is the percentage of reservable liabilities which commercial banks must keep rather than lend or invest. This is a requirement set by the country's central bank, which is the Federal Reserve in the United States. It is also referred to as the cash reserve ratio.
Some key points related to reserve ratio are-
- The reserve requirement is the minimum amount of deposits that a bank must hold, and it is sometimes used interchangeably with the reserve ratio.
- Regulation D of the Federal Reserve Board establishes the reserve ratio.
- Regulation D established uniform reserve requirements with all deposit accounts with transaction accounts and necessitates banks to provide the Federal Reserve with regular reports.
- Suppose the Federal Reserve determined that the reserve ratio should be 11%. This means that if a bank has $1 billion in deposits, it must keep $110 million in reserve ($1 billion x.11 = $110 million).
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The components of market analysis include:
- Three types of environment - economic, physical & technological.
- The organization has its own capabilities.
- Present & future competitor's analysis.
- Customers' consumption process.
The following information related to the market analysis is:
- It is a quantitative & qualitative market evaluation.
- The market size in volume & in amount.
- Purchasing patterns & segments of the customers.
- Competition or rivalry.
- Barries with respect to the entry & regulation of the economic environment.
Therefore we can conclude the above components of the market analysis should be considered.
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Answer:
The correct option that should be employed by the company is C) .
Explanation:
Company has identified that its search engine ( Albert searchware ) is in the growth stage ( which is the second stage in product life cycle ) of its product life cycle , which means here the promotional objective of the growth stage of product life cycle for the company is to persuade its consumers and often direct marketing is the best promotional element that a company can choose, and so the option C is the one that comes closet to this idea.
Answer:
Value
Explanation:
Value is a customer's subjective assessment of benefits relative to costs in determining the worth of a product.
When a consumer gets all his/her wants fulfill from the purchase of the product, at that point we can say that value is achieved. Value is basically a difference between the consumer benefits and costs. Value is very important aspect to develop customer relationship for long term.
Thus, Value is the answer for the question.
