Consumer value index - Study guides, Class notes & Summaries

mortgage Broker - Answer- Functions as a middleman between the borrower and the lender, negotiating, selling or arranging loans to be delivered to large investors Mortgage Banker - Answer- Provide their own funds for the purpose of providing mortgage financing Correspondent Lender - Answer- Smaller in scale then mortgage bankers or brokers, these lenders typically extended loans with their own funds at their own risk Origination - Answer- The process of creating a new mortgage loan U...

Total Quality Management (TQM) Philosophy - Correct answer-1. customer focus 2. continuous improvement 3. employee empowerment 4. use of quality tools 5. product design 6. process management 7. managing supplier quality Process Capability Index (Cpk) - Correct answer-Basic function of Six Sigma. Measures the process potential and performance of processes. The higher the range of Cpk, the improved is the ability of the process to complete its necessities. Six Sigma - Correct answer-A di...

FIN2603 Assignment 1 Semester 2 2023 ()SOLUTIONS/ANSWERS QUESTIONS ASKED: Question 1 Not yet answered Marked out of 1.00 Flag question Question text Finance can be defined as the ... Select one: a. science of the production, distribution and consumption of wealth. b. art of merchandising products and services. c. system of debits and credits. d. art and science of managing money. Clear my choice Question 2 Not yet answered Marked out of 1.00 Flag question Question text A...

What are the main services offered by financial institutions? A. Soliciting charitable donations and then managing the distribution of these funds B. Accepting a wide variety of deposits, offering investment products, providing loans, and brokering financial transactions C. Deciding which assets to invest in to create wealth in the future D. Evaluating sources of funding for a business project, the capital structure of a firm, or actions managers could take to increase the value of the fir...

At what point must a life insurance applicant be informed of their rights that fall under the Fair Credit Reporting Act? - ANSWER Upon completion of the application Who elects the governing body of a mutual insurance company? - ANSWER policyholders An insurance applicant MUST be informed of an investigation regarding his/her reputation and character according to the - ANSWER Fair Credit Reporting Act What type of reinsurance contract involves two companies automatically sharing their ri...

gross domestic product (GDP) - market value of all final goods and services produced within a country GDP = C + I + G + (X-M) C= personal consumption I = private investment G = government spending X = exports M = imports (C = 2/3 of US GDP) provides backdrop for investing bc is a measure of all economic activity "actual GDP growth has entirely lost its capacity to surprise... leading indicators... PMI garners disproportionate attention" nominal GDP vs real GDP - nominal GDP = $ amo...

What is bigger in the tourism industry, fixed costs or variable costs? fixed costs are bigger -Think of an airplane: staffing, airport fees (fixed) - huge amount of the costs for airplanes come from fixed costs; food, fuel (variable) - not as easy to determine the variable costs We can reduce prices (even below total cost per room), as long as the reduced price covers, fixed cost per room or variable cost per room? We can reduce prices as long as the reduced price covers the variable ...

Macroeconomic Effects on Real Estate correct answers- Income levels and distribution amongst households -Property ownership -Rental trends and vacancy rates -New development/redevelopment -Vacant land -Past and future trends in these areas -Inflation and Interest rate -Foreign investment -Unemployment and foreclosures impact of High Unemployment on Real Estate correct answers-Demand for office space may decrease as companies downsize -Consumer spending decreases, which may impact re...

SOUTH CAROLINA LIFE & HEALTH EXAM 2024 WITH 100% CORRECT ANSWERS Bill requires some nursing care and supervision but NOT full-time care. Which of these nursing home options would best serve him? - correct answer Assisted Living Ron has a life insurance policy with a face value of $100,000 and a cost of living rider. If the consumer price index has gone up 4%, how much may Ron increase the face value of the policy? - correct answer $4,000 ($100,000 x.04) All of the following are functi...

South Carolina Life & Health Final Exam Practice with Verified Solutions Bill requires some nursing care and supervision but NOT full-time care. Which of these nursing home options would best serve him? Assisted Living Ron has a life insurance policy with a face value of $100,000 and a cost of living rider. If the consumer price index has gone up 4%, how much may Ron increase the face value of the policy? $4,000 ($100,000 x.04) All of the following are functions of an insuring cla...