What are true statements about the history of the fractional banking system?

A year after she assisted Thomas Engineering in making changes to an employee incentive plan, Kara, an OD consultant, is visitin

Sergeeva-Olga [200]

Answer:

The answer is: Evaluation stage

Explanation:

The evaluation stage (or phase) of organizational development comprises evaluation and closure. At this phase the OD consultant should be able to measure how successful her plan was. She should also gain important information about what other key aspects should be improved and elaborate future action plans. Organizational development work is not static, it should continuously receive and process feedback in order to keep readjusting itself to keep improving.

5 0

3 years ago

Companies employing total quality management (TQM) programs know that Multiple Choice quality control should be incorporated onl

ladessa [460]

Answer:

TQM requires constant improvements in all areas of the company as well as employee empowerment.

Explanation:

As the name implies, total quality management requires constant improvements in all areas of the company as well as employee empowerment.

In other words, the company expects 99.99% accuracy in all areas of operations which should also include employee empowerment so that they can better meet quality standards.

4 0

3 years ago

In 2010, the MoreForLess Company had revenues of $2,000,000 while costs were $1,500,000. In 2011, MoreForLess will be introducin

Harlamova29_29 [7]

Answer:

Differential profit Profit = $40,000

Explanation:

The differential operating profit is the difference between the operating profit before the introduction of the product and after the introduction of the new product

Profit = Revenue - costs

Profit before the introduction of the new product

= 2,000,000 - 1,500,000 = 500,000

Profit after the introduction of the new product

New revenue = (2,000,000 + 200,000) = 2,200,000

Cumulative cost = 1,500,000 + 160,000 = 1,660,000

Profit = 2,200,000 - 1,660,000 = 540000

Differential profit Profit = 540,000 - 500,000= $40,000

4 0

3 years ago

How do we find an interest rate?

Murrr4er [49]

Answer:

i find de interst rate 10 %

6 0

3 years ago

Net interest margin—often referred to as spread—is the difference between the rate banks pay on deposits and the rate they charg

Minchanka [31]

Answer:

(a) $P(X\:>\:5.40)=0.9938$

(b) $P(X\:$

(c) X=4.975 percent

Explanation:

(a) Find the z-value that corresponds to 5.40 percent

. $Z=\frac{X-\mu}{\sigma}$

$Z=\frac{5.40-4.15}{0.5}$

$Z=\frac{1.25}{0.5}=2.5$

Hence the net interest margin of 5.40 percent is 2.5 standard deviation above the mean.

The area to the left of 2.5 from the standard normal distribution table is 0.9938.The probability that a randomly selected U.S. bank will have a net interest margin that exceeds 5.40 percent is 1-0.9938=0.0062

(b) The z-value that corresponds to 4.40 percent is $Z=\frac{4.40-4.15}{0.5}=0.5$ The net interest margin of 4.40 percent is 0.5 standard deviation above the mean.

Using the normal distribution table, the area under the curve to the left of 0.5 is 0.6915

Therefore the probability that a randomly selected U.S. bank will have a net interest margin less than 4.40 percent is 0.6915

(c) The z-value that corresponds to 95% which is 1.65

We substitute the 1.65 into the formula and solve for X. $1.65=\frac{X-4.15}{0.5}$

$1.65\times 0.5=X-4.15$ $0.825=X-4.15$

$0.825+4.15=X$

$4.975=X$

A bank that wants its net interest margin to be less than the net interest margins of 95 percent of all U.S. banks should set its net interest margin to 4.975 percent.

6 0

3 years ago