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Talja [164]
3 years ago
8

Alzuria is a developing economy. With trade and​ liberalization, the country has now seen substantial development in the private

sector.​ However, government intervention in certain markets remains strong. The banking sector has a good mix of both private banks and those called​ "government undertakings," or public sector banks. Consumers are becoming increasingly aware of the difference in the quality of service provided by the private and the public sector banks. Competition among private banks has ensured that their employees adhere to high standards of customer service. Their public sector​ counterparts, however, do not appear to be making an effort to improve their customer service. Which of the​ following, if​ true, would explain the rationale behind continued patronage despite the bad service provided by public sector banks in​Alzuria?
A. Deposits with public sector banks are insured unlike those with private banks.
B. Private sector banks provide funds at a lower rate of interest than public sector banks.
C. Compensation in public sector banks is lower compared to private banks.
D. Deposits with government sector banks yield a lower rate of interest than private sector banks.
E. Private sector banks provide fringe benefits like price discounts on credit card usage in popular stores.
Business
1 answer:
aliya0001 [1]3 years ago
4 0

Deposits with public sector banks are insured unlike those with private banks , would explain the rationale behind continued patronage despite the bad service provided by public sector banks in​ Alzuria.

Explanation:

Even today, the interesting debate between a private bank and a public sector is currently underway. Although private banks are generically favoured by the young generation, public sector banks usually stick to the old generation.

This decision needs to be considered even more closely when it gets down to loans as the closing of a savings bank account does not make it so easy to leave a bank loan. This particularly happens when long-term loans such as household loans or education loans are involved. Therefore, the positive and negative aspects of both public and private banks should be carefully evaluated before making the decision.

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Management of Plascencia Corporation is considering whether to purchase a new model 370 machine costing $523,000 or a new model
Ber [7]

Answer:

A. $518,000

Explanation:

The computation of the sunk cost is shown below:

= Purchase value of the machine that buys 7 years ago

= $518,000

As sunk cost is the cost that already spent and not relevant for decision making

So according to the given options, the first option is correct

6 0
3 years ago
The local supermarket has a large, glass front door which is well lighted and plainly visible. Nelson, who is new in the neighbo
ololo11 [35]

Answer:

b.

The store is not liable to Nelson.

Explanation:

These are options for the question

.

The store is strictly liable to Nelson.

b.

The store is not liable to Nelson.

c.

Res ipsa loquitur would require the store to be held liable.

d.

The store has no duty to Nelson.

From the question, we are informed about the local supermarket which has a large, glass front door which is well lighted and plainly visible. Nelson, who is new in the neighborhood, mistook the glass for an open doorway and walked into it, shattering the door and injuring himself.

Under the Second Restatement, the store is not liable to Nelson. Second Restatement are legal treatises that pronounce some rules as far as law is concerned.it inform judges about general principle, therefore, under this second Restatement the store is not liable to Nelson in anyway even though he sustained some injury from the store.

5 0
3 years ago
Read 2 more answers
Owing to globalization and rapid technological change over the past few decades, the major contemporary issues in management lie
Natasha_Volkova [10]

Answer:

The five Specific forces acting as stimulants for change are (1)Globalization, (2)Social trends (3)Competition (4)Changes in Technology (5)Changes in Law and political behavior.

Explanation:

Solution

The Five specific forces as stimulants for change is stated below:

  • Globalization: globalization has also affected the domestic organizations more often. Globalization has led to the increase of the competition for every industry. for this, every domestic business would have to adopt some change is in its operations to maintain its market share and to get a competitive advantage over others.
  • Social trends: social trends in any market would act as a stimulus for organizational environment and change as they would help the business get a first-mover advantage. for example, any social movement such as ripped jean or Bell bottom jeans, made the various companies in the same industry to adopt some changes.
  • Competition: the entrance of new competition in the market forces the existing business organizations to acquire some changes to get a competitive advantage.
  • Changes in technology:  It is one of the significant changes in the business environment, which acts as a substance for the change in the organization. If any business wants to prosper and survive for a longer period, then it would have to acquire changes according to the technological changes in the environment to attend the competitive environment and a continually increasing market share.
  • Changes in law and political behavior: if there are changes in government or law in any country, it may bring some changes for the business. It would force the business to adopt such changes. for example some laws related to the environmental Protection force are the business to produce environment-friendly products and adopt green technology.
8 0
3 years ago
Assume that consumers in a nation reduce their marginal propensity to save from 0.25 to 0.2 though their personal incomes initia
umka21 [38]

Answer:

Since the multiplier is now higher than before, this change in MPS will therefore make the real gross domestic product (GDP) to increase.

Explanation:

Old marginal propensity to save = 0.25

Old marginal propensity to consume = 1 - 0.25 = 0.75

Old multiplier = 1 / Old marginal propensity to save = 1 / 0.25 = 4

New marginal propensity to save = 0.20

New marginal propensity to consume = 1 - 0.20 = 0.80

New multiplier = 1 / New marginal propensity to save = 1 / 0.20 = 5

Change in multiplier = New multiplier - Old multiplier = 5 - 4 = 1

Therefore, the decrease in marginal propensity to save (MPS) will increase marginal propensity to consume (MPC) form 0.75 to 0.80 and the multiplier from 4 to 5.

Since the multiplier is now higher than before, this change in MPS will therefore make the real gross domestic product (GDP) to increase.

7 0
3 years ago
Wishbone Company issued $700,000 of 9%, 10-year bonds on January 1, 2022 at face value. Interest is payable annually on January
zzz [600]

Answer:

Interest Expense $63,000

Interest Payable $63,000

Explanation:

$700,000 X 9% = $63,000 which is the annual interest expense that they will incur each year. Because it isn't paid until January 1st, it is rolled into the Interest Payable account.

4 0
3 years ago
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