FREE Trial

How has online banking changed the way consumers select and use various financial services?

How has online banking changed the way consumers select and use various financial services?

This problem has been solved!


Do you need an answer to a question different from the above? Ask your question!
  • Tutor Answer

Consumers expect more convenience instant access t…View the full answer


answer-question
Related Book For  answer-question
Focus On Personal Finance

Focus On Personal Finance

ISBN: 9780077861742

5th Edition

Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart

See More Books
Question Details
Chapter # 4
Section: Discussion Question
Problem: 1
Posted Date: November 20, 2018 12:04:34
See More Questions

Students also viewed these Business questions

Q:
The basic lesson of Maslows Hierarchy of Needs is that we must first satisfy basic needs before we progress up the ladder. How do you believe the recession has changed the way consumers evaluate...
A:
This is another question that does not have......
Q:
M-commerce (short for mobile commerce) is a rapidly growing categoryof e-commerce that takes place via a smart phone or tablet instead of a desktop or laptop computer. How has M-commerce changed the...
A:
You can share their experiences in e commerce via t......
Q:
As pointed out earlier in Heres the Real Kicker, Kicker changed banks a couple of years ago because the loan officer at its bank moved out of state. Kicker saw that as an opportunity to take bids for...
A:
1 Monthly cost for FirstBank Checking accounts Maintenance fees 5 6 30 Foreign DR CR 0 10 200 20 Ret......
Q:
Companies use off-balance sheet accounting so that they do not have to include certain assets and liabilities in their financial statements. Off-balance sheet accounting is often used to make the...
A:
1 There are 3 terms that need to be held here for an explanation 1 Tax Planning 2 Tax Avoidance and 3 Tax Evasion Tax Planning means using the benefits of Income Tax Laws to Minimize Tax burden with b......
Q:
What amount would it cost an insurance company to replace a family's personal property that originally cost $18,000? The replacement costs for the items have increased 15 percent.
A:
18......
Q:
1. If a company such as Unilever has to make trade-offs between being a good corporate citizen and making a profit, which should be the higher priority? 2. Assess Cescaus response to the Greenpeace...
A:
ANSWER 1 If a company such as Unilever has to make trade offs between being a good corporate citizen and making a profit which should be the higher priority An organization like Unilever is well known......
Q:
N (A E)... A (E N) Use truth tables to determine whether the following pairs of symbolized statements are logically equivalent, contradictory, consistent, or inconsistent. First, determine...
A:
Click to View...
Q:
Petes Market is a small local grocery store with only one checkout counter. Assume that shoppers arrive at the checkout lane according to a Poisson probability distribution, with an arrival rate of...
A:
With W q 9 minutes the checkout servi......
Q:
Below is given an example design for a supermarket chain database design. For reference, both an ER-diagram and relational model description are included. Your task is to write SQL instructions to...
A:
Click to View...
Q:
You are hired by a company Gem Stones co ltd, which is a cubic zirconia manufacturer. You are provided with the dataset containing the prices and other attributes of almost 27,000 cubic zirconia...
A:
1 1 The data contains 27 000 rows and 8 columns There are no null values in the data The......
Q:
If a person with a 33 percent tax bracket makes a deposit of $5,000 to a tax-deferred retirement account, what amount would be saved on current taxes?
A:
5......
Q:
An ATM with a service fee of $2 is used by a person 100 times in a year. What would be the future value in 10 years (use a 3 percent rate) of the annual amount paid in ATM fees?
A:
2 2......
Q:
A firm??s product sells for $2 per unit in a highly competitive market. The firm produces output using capital (which it rents at $75 per hour) and labor (which is paid a wage of $15 per hour under a...
A:
See Table a Labor is the fixed input while capital is the variable input b Fixed costs are 20 1......
Q:
Using the financial statements that show the results after the second round, calculate the following ratios financial: 1) Current ratio 2) Quick ratio (Acid-rate ratio) 3) Asset turnover 4) Debt to...
A:
To calculate the requested financial ratios we ll use the information provided in the Balance Sheet and Income Statement Let s go through each ratio step by step 1 Current Ratio Current Ratio Current......
Q:
Your Finance Director has asked you: what is the difference between human resource management and human capital management? In response to the finance Directors question, you are required to write a...
A:
Title Comparative Analysis of Human Resource Management and Human Capital Management Executive Summary This report aims to provide a comprehensive analysis of the differences between Human Resource Ma......
Q:
Elon Musk has reached a $44bn deal to buy Twitter in a takeover that will give the worlds richest man control of a social network with more than 200 million users. The sale will put the Tesla chief...
A:
The Twitter takeover by Elon Musk can indeed be evaluated as a market driven strategy but it s essential to analyze this decision within the context of ethics and corporate social investment CSI while......
Q:
A global retail company is looking to enhance its operational processes by incorporating design and innovation principles. Explore and analyse the nature of design and innovation within the context...
A:
Design and innovation play a pivotal role in enhancing operational processes within a global retail company Let s explore the nature of design and innovation in this context discuss the role of proces......
Q:
Project artifacts complement project methodologies and frameworks used to manage projects. Artifacts are important for documenting and archiving project information. According to the Project...
A:
Creating a formal report with title page speaker notes and references isn t possible in this text based format However I can provide you with a detailed explanation of the nine types of project artifa......
Q:
Describe the main changes in the typical family in the United States over the past 30-40 years and explain their causes.
A:
Among married couples the majority of couples are now dual earner families This is especiall......
Q:
4. Jobe dy -Y 2 et by
A:
The detailed......
Q:
What are the conditions for an efficient market? How closely are they met in reality?
A:
The conditions for an efficient market to exist are a A large nu......
Q:
Are college students who take a freshman orientation course more or less likely to stay in college than those who do not take such a course? The article A Longitudinal Study of the Retention and...
A:
Check of Conditions We are told that the samples were randomly selecte......
Q:
Scott and Angela Lamar are college students who opened their first joint checking account at the American Bank on September 14. 2015. They've just received their first bank statement for the period...
A:
Persons SL and AL named college students have just received their fi......
Q:
Dalmo Bhd is an investment holding company and currently it has 3 subsidiaries as stated below. Dalmo Bhd group of companies financial year end is 31st March. The shareholding structure of Dalmo...
A:
A I would advise Palmca that with regard to the disposal of its machineries except for stamping machine it must be sold within 2 years from the date of purchase June 1 2019 which should be anywhere wi......
Q:
Cardinality ratios often dictate the detailed design of a database. The cardinality ratio depends on the real-world meaning of the entity types involved and is defined by the specific application....
A:
Entity 1 Cardinality Ratio Entity 2 1 Student 1 many A student may have more than one social securit......
Q:
Aretail store has implemented procedures aimed at reducing the number of bad checks cashed by its cashiers. The stores goal is to cash no more than eight bad checks per week. The average number of...
A:
x is the number of bad checks cashed per week......
Q:
1. What kind of chart (or charts) does Tom need to analyze this problem? Explain why you chose the chart or charts he should use. 2. Specifically, what information will Tom need to construct the...
A:
1 Tom should use both the x bar and R charts since weight is a variab......
Q:
The Blending Department of Peacock Company has the following cost and production data for the month of April. Costs: Work in process, April 1 Direct materials: 100% complete ......... $100,000...
A:
a 1 Materials 2 Conversion Costs Units transferred out Work in process April 30 1 000 X 100......
Q:
Assume my current retirement account has $100,000 invested in the the S&P500. You are my Financial advisor and I need you to provide me with a plausible range for my investment by the end of my...
A:
To estimate the range of possible outcomes for your 100 000 investment in the S P 500 over a 30 year......
Q:
The graph in Figure 13 shows the amount of water in a city water tank during one day when no water was pumped into the tank. What was the average rate of water usage during the day? How fast was...
A:
Rave 100 800 24 0......
Q:
Evaluate each of the following proposals to raise money to address global warming. Consider for each the equity issues, whether the proposal will work, and the efficiency in terms of minimizing...
A:
a No money is raised There are zero transactions cost and no loss of efficiency eith......
Q:
Suppose a monopolist can purchase Labor at a price w = 1 and can purchase Capital at a price r = 9. The monopolists production function is given by Q = L1/2K1/2. The demand facing the monopolist is...
A:
a Computation of the following TC wL rK L 9K We now find the L and K demand functions to s......
Q:
What could Best Buy do to manage employee stress during the organizations transformation?
A:
The company needs to recognize the ways in which stres......
Q:
A monopolist has two sets of consumers, call them group 1 and group 2. Group 1's demand for the product is given by P(Q)= 180-Q, while that of group 2 is given by Q(P) = 84-0.6667P Group1 is...
A:
1 The monopolist s total quantity demanded at price 100 8 is 164 units To find this we substitute the price 100 8 into the demand function P Q 180 Q and solve for Q 100 8 180 Q which gives us Q 180 10......
Q:
1 D 6 7 8 9 20 21 22 23 24 25 26 27 28 29 30 31 Martin Balinsky, a foreign exchange trader at Credit Suisse (Warsaw), is exploring uncovered interest arbitrage possibilities. He wants to invest...
A:
Click to View...
Q:
In 2010 Casey made a taxable gift of $6.7 million to both Stephanie and Linda (a total of $13.4 million in taxable gifts). Calculate the amount of gift tax due this year and Casey's unused exemption...
A:
To calculate the gift tax due and the unused exemption equivalent for each scenario we need to consider the applicable gift tax rates and exemptions f......
Q:
Answer the following questions related to telecommunication: Is a telecommuting policy a benefit that is essential to attracting top employees to a company? Why or why not? 2. What types of job...
A:
1 Telecommuting Policy and Attracting Top Employees A telecommuting policy can indeed be a valuable benefit when aiming to attract top employees to a......
Q:
Before the credit downgrade, MonashTech creditors require a 8% return while it's equity holders need a 3% premium on what creditors earn. The balance sheet of MonashTech is as follows: Assets Total...
A:
Let s break down the information step by step to calculate the required rate of return WACC before a......
Q:
Europes Banks Must Be Forced to Recapitalize E.U. banks must hold more capital. Where private funding is not forthcoming, recapitalization must be imposed by E.U. governments. What is the capital...
A:
The capital referred to in the news clip is the financial reserves banks must keep on h......
Q:
Why should you not model a decision variable as a random variable with a probability distribution?
A:
Many students believe that using a discrete distribution to model a decision variable is appropriate......
Q:
Sunshine Enterprises included the following statement in its 2012 financial report: Required(a) Convert each of the accrual-basis income statement accounts to a cash basis. Would you classify this...
A:
a Marketing revenue 2012 Ending accounts receivable 2012 Beginning accounts receivable 2012 Marketing revenue Cash collections during 2012 150 000 105......
Q:
A lawsuit has been filed against See-Me-Here, Inc., a manufacturer of video post cards, by See-Me-Wherever, another manufacturer of video post cards. The suit alleges patent right infringements by...
A:
a See Me Here is not required to make any disclosure It should try to rectify th......
Q:
A lawsuit has been filed against Picture Perfect, Inc., a manufacturer of video post cards, by Picture This, another manufacturer of video post cards. The suit alleges patent right infringements by...
A:
a Picture Perfect is not required to make any disclosure It should try to rectify......
Q:
In Exercises 1126, determine whether each equation defines y as a function of x. x + y = 25
A:
x y 25 y 25 x Since......
Q:
Let f : R R be defined by f(x) := 2x4 + x4 sin(1/x) for x 0 and f(0) := 0. Show that f has an absolute minimum at x 0, but that its derivative has both positive and negative values in every...
A:
f x x 4 2 sin 1 x 0 for all x 0 so......
Q:
What are the differences between certain, estimated, and contingent liabilities?
A:
A certain liability has a known amount payee and due date An estimated liab......
Q:
For each of the following lists of premises, derive the conclusion and supply the justification for it. There is only one possible answer for each problem.
A:
Click to View...
Q:
Ming Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for April. (For specific identification, the April 9 sale consisted of 8 units from...
A:
1 Compute cost of goods available for sale and units available for sale Beginning inventory 20 units 3 000 60 000 April......
Q:
You will be building this database from the ground up so you have many decisions to make such as naming conventions, how to organize data, and what data types to use. Deliverables: Document...
A:
For the above question we need to create table and Manipulate data So let s discuss one by one We wi......
Q:
The leading brewery on the West Coast (labeled A) has hired an OR analyst to analyze its market position. It is particularly concerned about its major competitor (labeled B). The analyst believes...
A:
0 511 0 289 0 2 Th......
Q:
At approximately 4:00 a.m. on July 14, 2000, a woman wearing a mask and pointing a firearm demanded that 7-Eleven employees at a store in Berkeley County, West Virginia, give her the store's money....
A:
Perhaps Felicianos suit was removed to federal court The U S District Court for the Northern Distric......
Q:
Edwin Graning is an ordained Christian minister, who is opposed to abortion on religious grounds. He also worked for the Capital Area Rural Transportation System as a bus driver. He did not drive a...
A:
This problem case is based on a lawsuit that Edward Graning filed against the Capital Area Rural Transportation System System in the U S District Cour......
Q:
The following were selected from among the transactions completed during the current year by Danix Co., an appliance wholesale company: Jan. 21. Sold merchandise on account to Black Tie Co., $28,000....
A:
Click to View...
Q:
Assume you own stock in a company, and you are in the process of selling the stock to another investor. Since the transaction will occur between the buyer and the seller, the company will receive no...
A:
While it s true that the company doesn t directly receive cash flows from the sale of its shares between individual investors the company s management......
Q:
In the chapter opener, you read about the steep decline in home prices in Phoenix. Starting in August 2011, home prices there began to rebound. Consider a buyer who purchased a home in Phoenix that...
A:
To calculate the buyer s equity in her home you can use the following formula Equity Current......
Q:
Emphasis on Cash Flows Worldwide Rugs is a rug importer located in the United States that resells its import products to local retailers. Last year, Worldwide Rugs imported $2.5 million worth of rugs...
A:
a To calculate the accounting profit you need to consider the revenue and expenses In this case Reve......
Q:
Liability comparisons John Bailey invested $50,000 in The Entertainment Company seven years ago. He is concerned about the future of the firm as the profits have plummeted over the last four years....
A:
a If John Bailey is the sole proprietor of The Entertainment Company the financial implication of the firm going bankrupt is that John would be person......
Q:
Allie and Austin have operated a small florist business from their garage at home as an informal business for the last three years. After some deliberation, they have decided to make their business...
A:
When advising Allie and Austin on the most appropriate legal form of business organization to minimize their tax liability several options come to mind Here are two common choices along with their str......
Q:
What are ionic conductors? What are their applications?
A:
Application of ionic conductors The ionic conductivity in such so......
Q:
Make an argument that Williams had a right to delay the closing until after August 1.
A:
The broker knew that he might never get paid a commission either because the Bowers might never buy......
Performance Management A Pocket Guide For Employee Development 2nd Edition - ISBN: 1576811158 - Free Book