How can big data can use to achieve banking

Answers

Answer 1

Answer:

Track customer spending patterns.

Segment customers based on their profiles.

Implement risk management processes.

Personalize product offerings.

Incorporate retention strategies.

Collect, analyze, and respond to customer feedback.

Explanation:

Big data solutions in banking allow companies to collect, make sense of and share branch (as well as individual employee) performance metrics across departments in real time. This means better visibility into the day-to-day operations and an elevated ability to proactively solve any issues.


Related Questions

1 - At the Montell Company, functions are divided into areas of specialization such as production, marketing, accounting, and finance. This type of organization reflects Fayol's principle of: A. division of labour. B. equity. C. unity of command. D. hierarchy of authority. to describe middle managers whose job was to implement the 2 - Max Weber used the term orders of top management: A. management B. autocrats C. staff personnel D. bureaucrats​

Answers

At the Montell Company, since the functions are divided into areas of specialization such as production, marketing, accounting, and finance, it reflects Fayol's principle of division of labor.

Max Weber used the term bureaucrats to describe middle managers. Their job is usually to implement the orders that they get from top management.

It should be noted that division of labor is when the roles that'll be performed in an organization are divided into various departments. This is done in order to make the job easier and faster.

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2. Who are teachers? Write any two works of teachers.​

Answers

Answer:

Teacher are those person who teach us and Help us for a future Work

Their two work are:-

1).They teach us

2):- They teach us moral value and norms

You manage the worksheet shown below and it contains information for the company's 1500 employees,
You are asked to provide a list of all of the employees who are full time and make more than $45,000 per
year. What is the best way to create the list?

Answers

Answer:

3

Explanation:

You manage the worksheet shown below and it contains information for the company's 1500 employees. You are asked to provide a list of all of the employees who are full time and make more than $45,000 per year.

The best way for you to create the list of those who make more than $45000 a year and are full time is by using the filter option.

The filter option would be used to highlight the people that are in full employment. After this you have to use the sort to check the compensation column in order to establish those that make more than 45000.

The filter in a spreadsheet helps to put data in a particular category then arrange them based on the criteria that you selected.

The sorting method helps to arrange data based on ascending order or descending order.

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Which interpersonal skills are used to create long-lasting connections with those around you?
O Communication skills
O Listening Skills
O Negotiation skills
O Relationship-building skills

Answers

The interpersonal skills that are used to create long lasting connections with those around you are Relationship-building skills.

Interpersonal skills are those skills and tactics that are used by people to have an effective communication and relationship with others. While some people are born with this skill, for others it is learnt.

Relationship building skills help to develop long lasting relationship with other people.

A person with this skill

Is A good listenerHas empathyThinks of othersPays attention to othersKnows how to say the right words

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Answer:

O Relationship-building skills

Explanation:

got right on test

How do early retirement affect on business activity?

Answers

Answer:

Under early retirement, workers who retire early are awarded an early retirement pension, while those who retire at mandatory age receive the full pension. In this setting, early retirement persistently distorts the human capital accumulation decision of the low-ability types, and thus reduces economic growth.

A Virginia county is considering whether to pay $50,000 per year to lease a prisoner transfer facility in a prime location near Washington, D.C. They estimate it will cost $50 per prisoner to process the paperwork at this new location. The county is paid a $75 commission for each new prisoner they process. What would be the county's annual profit if they were to process 4,000 prisoners per year at this new location

Answers

Based on the information given  the county's annual profit if they were to process 4,000 prisoners per year at this new location is $50,000.

Annual profit=Total revenue-Total cost

Where:

Total revenue=(4,000×$75)=$300,000

Total cost=[(4,000×$50)+$50,000]=$250,000

Let plug in the formula

Annual profit=(4,000×$75)-[(4,000×$50)+$50,000]

Annual profit=$300,000-($200,000+$50,000)

Annual profit=$300,000-$250,000

Annual profit=$50,000

Inconclusion  the county's annual profit if they were to process 4,000 prisoners per year at this new location is $50,000.

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Has anybody taken this test before? What is the most financially dangerous way to pay for college?
Scholarships
Cash
Credit cards
Federal student loans

Answers

Answer:

well my dads a licensed student loan manager for UCB in CA and he said Federal Student Loans have FIXED INTEREST meaning no matter the change in other people loans your interest rate doesnt change. So it has to be credit cards.

Explanation:

Also credit cards dont have fixed interest rates so say today you have an 8% interest rate and next month it changes to 12% thats because of the fixed rate so in the near future you'd end up paying more in credit card tax then student loans. And student loans payment are negotiable , payments can be somewhat reasonable as for credit cards co.'s they take out a payment either way without you having a say in monthly change until you pay the loan off.

In my personal opinion I think its credit cards.

a. Suppose the Federal Reserve wants to increase the money supply. What should it do to accomplish this goal

Answers

If the Federal reserve want to increase the money supply what they would do would be to reduce or lower the discount or the interest rate in the economy.

When the interest rate is lowered, it would discourage savings. There would be an increase in the consumption of goods and services in the economy.

Also lowering the discount rate is going to cause the banks to want to borrow more reserves from the Fed. It would then be able to create more loans.

This would lead to a raise in the money supply.

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Over the past year, Ionia's money supply decreased by $1 billion, $3 billion in bonds were sold to the public, an unused military base was sold for $5 billion, and the government spent $20 billion. Ionia had a budget surplus. deficit. Determine the amount of Ionia's budget deficit or surplus. $ billion Determine the amount of Ionia's tax revenue for the year.

Answers

1. Based on the information given Ionia had a budget deficit.

2. The amount of Ionia's budget deficit or surplus is $9 billion.

3. The amount of Ionia's tax revenue for the year is $11 billion.

1. Based on the information given Ionia had a budget deficit because the amount spent higher than the revenue.

2. Ionia's budget deficit or surplus

Budget deficit or surplus=$1 billion+$3 billion+$5 billion

Budget deficit or surplus=$9 billion

3. Tax revenue

Tax revenue= $20 billion-($1 billion+$3 billion+$5 billion)

Tax revenue-$20 billion-$9 billion

Tax revenue=$11 billion

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Answer:

A deficit of $7 Billion

Tax revenue of $13 Billion

Explanation:

Much like a cash‑strapped individual may run up a credit card bill or sell a TV set, governments must borrow or sell assets to cover a budget deficit. The government budget constraint summarizes these options.

−=ΔM+ΔB+ΔA

In the equation, is government spending, is tax revenue, ΔM is changes in the money supply, ΔB is bonds sold to the public, and ΔA is assets sold. If government bonds are sold to another government agency, the money supply increases by that amount. If is greater than , there is a budget deficit and the budget constraint will be a positive number.

As the numbers show, Ionia has a deficit of $7 billion.

−=ΔM+ΔB+ΔA= −$1 billion+$3 billion+$5 billion=$7 billion

Use this deficit and Ionia's government spending of $20 billion to determine tax revenue.

−=$7 billion

=−$7 billion=$20 billion−$7 billion=$13 billion

Describe the role of supply, demand, and competition in a free enterprise system

Answers

Answer:

if a product is wanted for instance chocolate the price and demand will increase but the stock will drop

Mention five (5) reasons why some business plan fail

Answers

Answer:

any five reasons why business fail are :

due to low investment or budget

due to lack of demand of customers

due to lack of knowledge of that business

When a manager speaks to an employee, the employee pays the most attention to: Nonverbal communication Verbal communication

Answers

In American business culture, when a manager is speaking to an employee, the employee should pay more attention to Nonverbal communication.

When an employee is talking to a manager:

The manager will not give complete instructions The manager will expect the employee to take some sort of lead

The only way the employee will be able to know these things is by paying attention to the nonverbal communication cues of the manager.

In conclusion, employees pay more attention to nonverbal communication.

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examine the importance of relative
Prices
the
economy

Answers

Relative-price movements convey necessary info concerning the deficiency of specific merchandise and services. A rising relative worth indicates that demand is outstripping provide (or that offer is falling behind demand), whereas a falling relative worth denotes simply the other.

Why Does a Taxi To Gatwick Airport Make So Much Sense?

Answers

Answer:

Because se seen is very beautiful no te jode

Explanation:

If you go by car blalalal is more goood

how does it make sense

If Maverick Incorporated can reasonably estimate warranty costs as 2% of total monitor sales each year, what will the company need to do to account for the lifetime warranty in its financial statements

Answers

Answer:

Record it as a liability

Explanation:

If Maverick Incorporated can reasonably estimate warranty costs as 2% of total monitor sales each year, the company needs to record as per liability account for the lifetime warranty in its financial statements.

What is Liability?

Accounts payable, wages and taxes are examples of current responsibilities, which are fully owed for continuing costs. Current obligations will also include costs on long-term debt due in the subsequent year.

Liabilities include things like -

a bank loan

a mortgage loan

Amount due to suppliers (accounts payable)

Settled wages

tax debt

Liabilities are listed on a corporation balance sheet. The entire number of liabilities must match the contrast between the total quantity of assets and the total quantity of equity, according to the accounting equation.

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Heidi Ganahl, CEO and Founder of Camp Bow Wow, seems to have the ability to inspire people she works with to accept her vision and support her efforts to be the best. This is an example of:

Answers

Answer:

good leadership

Explanation:

The fact that she inspires and not demands is an example of good leadership skills

Heidi Ganahl, CEO and Founder of Camp Bow Wow, seems to have the ability to inspire the people she works with to accept her vision and support her efforts to be the best. This is an example of Charismatic leadership.

Who is a leader?

The term leader is someone who inspires passion and motivation in followers. A leader is someone with a vision and the path to realizing as we see there are different types of leaders who are there as we see in

The organization team leaders are there in it as we see in politics they are different from it. There are different kinds of leaders who are being there. And they can easily lead the group as well.

As charismatic leadership was included as the, charm By leadership they have combined interpersonal connections as well in the leadership.

Therefore, As a result, By charismatic leadership. They have the ability to inspire the people she works with.

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If Pizza Hut uses digital media along with more traditional newspaper ads to create a more synchronized and consistent message for customers, it is most likely engaging in

Answers

The creation of a synchronized and consistent message for the customers of Pizza Hut using digital media and traditional newspaper ads shows that Pizza Hut is most likely engaging in: Integrated Marketing Communications (IMC).

What is Integrated Marketing Communications (IMC)?Integrated Marketing Communications (IMC) can be described as the promotion and the application of marketing efforts in consistently passing a persuasive message that has impact on customers.Various promotion elements are synchronized to improve the effectiveness and efficiency of budget allocated to promotion.

Thus, the creation of a synchronized and consistent message for the customers of Pizza Hut using digital media and traditional newspaper ads shows that Pizza Hut is most likely engaging in: Integrated Marketing Communications (IMC).

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Which of the following is NOT a duty imposed on partners?

a.
- Disclosure of full information.

b.
- To account for benefits received.

c.
- Good faith.

d.
- Fidelity (where the partner enters a partnership in another, unrelated, industry).

Answers

Answer:

to account for benefits received

What is the 4 MAJOR
ELEMENTS OF A TORT
What is 4 major elements of a tort
What is the 4 major elements of a tort

Answers

Answer:

- The presence of a duty. We all have a duty to take steps to prevent injury from occurring to other people.

- The breach of a duty. The defendant must have failed to live up to his duty to prevent injury from occurring to you.

- An injury. You were injured.

- The injury resulted from the breach.

Explanation:

Hope this helps.

Sullivan Equipment Sales showed the following.

2020
Jan. 15 Sold $25,200 of merchandise for $29,400 to JanCo; terms 3/5, n/15.
16 Wrote off Fedun’s account in the amount of $15,200.
20 Collected the amount owing from the January 15 sale.
Mar. 1 Accepted a $12,080, 60-day, 7% note dated this day in granting Parker Holdings a time extension on its pastdue account.
Apr. 15 Sold merchandise costing $62,200 for $71,400 to customers who used their Visa credit cards. Visa charges a 1% fee and deposits the cash electronically into the retailer’s account immediately at the time of sale.
? Parker Holdings honoured the note dated March 1.
Nov. 1
Accepted a $24,400, three-month, 6% note dated this day in granting Grant Company a time extension on its past-due account.
Dec. 31 Sullivan’s year-end. Interest was accrued on outstanding notes receivable.
31 Bad debts are based on an aging analysis that estimated $9,700 of accounts receivable are uncollectible. Allowance for Doubtful Accounts showed an unadjusted credit balance of $1,620 on this date.
2021
? Grant Company dishonoured its note dated November 1, 2020.
Mar. 5 Recovered $1,500 from Derek Holston that was previously written off.
14 Wrote off the Grant Company account.

Required:
a. Determine the maturity dates of the March 1 and November 1 notes.

b. Prepare entries as appropriate for each date. (Round the final answers to 2 decimal places. Use 365 days an year.)

Sullivan’s receivable turnovers at December 31, 2020 and 2021 were 7 and 7.5, respectively. Select the correct option for whether the change in the ratio for Sullivan was favourable or unfavourable.

Answers

a. The maturity date of the March 1 note is April 29 and that of November 1 note is Jan. 29.

b. Journal Entries:

2020

Jan. 15 Debit Cost of goods sold $25,200

Credit Inventory $25,200

Debit Accounts Receivable (JanCo.) $29,400

Credit Sales Revenue $29,400

terms 3/5, n/15.

Jan. 16 Debit Allowance for Doubtful Accounts $15,200

Credit Accounts Receivable (Fedun) $15,200

Jan. 20 Debit Cash $28,518

Debit Cash Discounts $882

Credit Accounts Receivable (JanCo.) $29,400

Mar. 1 Debit Notes Receivable $12,080

Credit Accounts Receivable (Parker Holdings) $12,080

60-day, 7% note  

Apr. 15 Debit Cost of goods sold $62,200

Inventory $62,200

Debit Cash from Visa $70,606

Debit Visa Card Expense $714

Credit Sales Revenue $71,400

April 29 Debit Cash $12,219

Credit Accounts Receivable (Parker Holdings) $12,080

Credit Interest Received $139

Nov. 1  Debit Notes Receivable $24,400

Credit Accounts Receivable (Grant Company) $24,400

three-month, 6% note  

Dec. 31 Debit Interests Receivable $244.67

Credit Interest Income $244.67

($24,400 x 6% x 61/12)

Dec. 31 Debit Bad Debts Expense $9,700

Credit Allowance for Doubtful Accounts $9,700

2021

Jan. 29 Debit Accounts Receivable (Grant Company) $24,760.99

Credit Notes Receivable $24,400

Credit Interests Receivable (Grant Company) $244.67

Credit Interest Income $116.32

dishonoured its note dated November 1, 2020.

Mar. 5 Debit Accounts Receivable (Derek Holston) $1,500

Credit Allowance for Doubtful Accounts $1,500

Debit Cash $1,500

Credit Accounts Receivable (Derek Holston) $1,500

Mar. 14 Debit Allowance for Doubtful Accounts $24,760.99

Credit Accounts Receivable (Grant Company) $24,760.99

Data Analysis:

2020

Jan. 15 Cost of goods sold $25,200 Inventory $25,200 Accounts Receivable (JanCo.) $29,400 Sales Revenue $29,400 terms 3/5, n/15.

Jan. 16 Allowance for Doubtful Accounts $15,200 Accounts Receivable (Fedun) $15,200

Jan. 20 Cash $28,518 Cash Discounts $882 Accounts Receivable (JanCo.) $29,400

Mar. 1 Notes Receivable $12,080 Accounts Receivable (Parker Holdings) $12,080 60-day, 7% note  

Apr. 15 Cost of goods sold $62,200 Inventory $62,200 Cash from Visa $70,606 Visa Card Expense $714 Sales Revenue $71,400

April 29 Cash $12,219 Accounts Receivable (Parker Holdings) $12,080 Interest Received $139  

Nov. 1  Notes Receivable $24,400 Accounts Receivable (Grant Company) $24,400, three-month, 6% note  

Dec. 31 Interests Receivable $244.67 Interest Income $244.67 ($24,400 x 6% x 61/12)

31 Bad Debts Expense $9,700 Allowance for Doubtful Accounts $9,700

Allowance for Doubtful Accounts showed an unadjusted credit balance of $1,620 on this date.

2021

Jan. 29 Accounts Receivable (Grant Company) $24,760.99 Notes Receivable $24,400 Interests Receivable (Grant Company) $244.67  Interest Income $116.32

dishonoured its note dated November 1, 2020.

Mar. 5 Accounts Receivable (Derek Holston) $1,500 Allowance for Doubtful Accounts $1,500 Cash $1,500 Accounts Receivable (Derek Holston) $1,500

Mar. 14 Allowance for Doubtful Accounts $24,760.99 Accounts Receivable (Grant Company) $24,760.99

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How should Hollywood movie studios take advantage of these opportunities, while mitigating the threats

Answers

Answer:

yes

Explanation:

What’s a good ship name for Ronica and Jaevin

Answers

Ahh let’s say Ships n' Giggles

You see on a commercial that OrangeCo is offering a credit card with a 5% cashback program for all cardholders. Which question might help you evaluate how good this offer is?

A.) Does the cashback program apply to all purchases or only specific types of purchases like gas and groceries?

B.) Can I get a debit card along with a new credit card?

C.) Who does OrangeCo use as their spokesperson in the commercial?

D.) Do I still get the cash back even when I return my purchases to the store?

Answers

An excellent question to determine how good the offer is, is A.) Does the cashback program apply to all purchases or only specific types of purchases like gas and groceries?

When checking how good an offer is, some important things to find out are:

How extensive is the offer How much does the offer result in you saving Who does the offer apply to

The question in option A reflects the extensiveness of the offer and so it is a great question to ask when assessing the offer as it would show just which products can be purchased.

In conclusion, option A is correct.

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write the interrelationship between education and profession​

Answers

Explanation:

in order to have a profession you need to get an education first ... if you start out working along side someone,that someone is giving you an education in how to do the job you want to do. if you are planning a profession such as a doctor or a lawyer , prepare yourself for a lot of education..

Solo wants to store her tax returns, her will, and her budget in a location where she can quickly retrieve these records for review and revision.
What is the MOST logical thing for Solo to do with these records?
ОА
Place them in a paid storage facility.
ОВ.
Don't store them; they should be shredded.
Ос.
Save them to a computer file.
OD
Store them in a safe deposit box.

Answers

OD is the logical one in my opinion

Answer:

Save them to a computer file.

Explanation:

Just took the test, and this is the answer.

Fariq purchases and places in service in 2020 personal property costing $2,611,000. The taxpayer plans to apply the Sec. 179 deduction, but not bonus depreciation. What is the maximum Sec. 179 deduction that Fariq can deduct, ignoring any taxable income limitation

Answers

The maximum deduction that Fariq can deduct is $1,019,000

Solution

In the year 2020, the Sec 179 deduction expense is given as 1040000 dollars. This the deduction expense given that the qualifying personal property has a worth that is greater than 2590000 dollars.

Then the phase out would be the difference between the amount of investment and property cost

Phase out = 2611000 - 2590000

= 21000 dollars

Maximum Sec. 179 deduction = $1,040,000 - 21000

= $1,019,000

The maximum deduction that Fariq can deduct is therefore $1,019,000

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HELP ME
Which of the following is TRUE concerning the Master Layout dialog box?

Can be opened by clicking Master Layout on the Slide Design tab

Allows you to add a placeholder for an image

Allows you to add a text placeholder

Allows you to add a background to a slide

Answers

The option that is true about the Master Layout dialog box is C. Allows you to add a text placeholder.

The Master Layout dialog box simply refers to the tip slide in the hierarchy of slides that is vital in storing information about the side layouts and theme in a presentation.

The Master Layout dialog box is also vital in storing information about background, color, effects, fonts, etc. It also allows the user to add a text placeholder.

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Challenges of internship simulation workshop

Answers

Answer:

online payments

Explanation:

People often encounter different kinds of issues. Challenges of internship simulation workshop are:

It is difficult finding the right step and also the right talent.There is the issue of relocation, housing, and transportation issues.There is the challenge of understanding terms, finding right and fit wise talent.Difficulty in the level of comprehension among student.There is a an issue of small or the lack of awareness.

What is an internship simulation workshop?

This is a type of workshop that student are required to engage in. The workshop is know to be divided into modules.

It is aimed to expose students to the different realities of the world of work. This is done through simulations and scenario-based analysis where there is the application of concepts and theories which the student have learnt to practical situations.

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How does Lexie’s current interview technique limit her effectiveness as an interviewer

Answers

Interviews often takes different forms. Lexie's current interview technique limits her effectiveness as an interviewer as the wide latitude of these nondirective interviews can result in low reliability and often poor validity.

Interviewing is simply the process whereby individuals do exchange information. The individuals is often interested with a job opening, a promotion, a special assignment etc.

Interviewing in some of business setting do takes place in an atmosphere that is filled with a sense of urgency as the time allocated to the interview is  little.

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The​ ________ tells managers how much of the overall variance is due to paying a higher or lower price than expected for the quantity of materials it purchased.

Answers

Direct labor rate variance
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