Answer:
Almost as many individuals utilize mobile banking as those who rely on online methods for bill payment, largely due to the convenience that both approaches offer.
Explanation:
To hypothesize involves suggesting a plausible rationale for a situation. Thus, a potential reason for the preference among many customers for online and mobile payment methods is the simplicity they present.
Some of these benefits are:
1. No more long waits in lines to settle payments with checks.
2. Transactions can be initiated from virtually anywhere and at any hour.
3. Fewer prerequisites are necessary to carry out transactions.
Answer:
- No, he will not accumulate sufficient funds to purchase his delivery truck after 6 years.
Explanation:
To determine how much money Earl Miller—the owner of the Papa Gino's franchise—will have available in 6 years, it's necessary to assess the worth of the $20,000 he plans to invest at a 5% interest rate compounded semiannually:
With semiannual interest: 5% / 2 = 0.05/2 = 0.025
Equation:
Here, r/n was calculated previously: r/n = 0.05/2 = 0.025; and t refers to the time in years: 6.
Thus, the future value of the investment would fall short of the truck's price, meaning
he will not be able to afford the delivery truck after 6 years.
Divisions deemed the most precarious within the company will tend to receive diminished funding. In layman's terms, the weighted average represents the cost of capital, indicating the return investors expect while reflecting the average risk of the firm. Managers often adjust this return depending on the risk levels associated with potential projects. Therefore, applying an average return across all projects would result in high-risk projects lacking sufficient funding, whereas low-risk projects would attract more resources.
Answer: The normative decision model by Vroom and Yetton.
Explanation:
The Vroom–Yetton normative decision model represents a situational leadership theory based in industrial and organizational psychology established by Victor Vroom, alongside Phillip Yetton and later with Arthur Jago. This theory posits that the optimal leadership style depends on the context.
In terms of decision-making, the Vroom-Yetton model highlights the necessity of sometimes being autocratic, seeking counsel, considering various approaches prior to making a decision, informing a group about an issue, and allowing that group to devise a solution without imposing one’s ideas.
