Business Esentials, Student Value Edition Plus 2017 MyLab Intro to Business with Pearson eText -- Access Card Package (11th Edition)
11th Edition
ISBN: 9780134796741
Author: Ronald J. Ebert, Ricky W. Griffin
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Chapter 16, Problem 16.18TE
Summary Introduction
To explain: If virtual banking would attract new customers and the type of customers who will be interested in virtual banking.
Introduction:
Virtual bank:
A bank is termed as a virtual bank which performs all the functions of a normal bank but does not have any branches. The only point of access for the bank will be through the internet from a computer or a mobile device.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
What are the efficiencies of Financial Markets in the Caribbean? An Analysis of Evidence Supporting and What Challenges effects the Efficient Market Hypothesis?
What major risk contributed to the failure of Lehman Brothers in September 2008?
Role of Central Banks and Moral Hazards
Central banks have injected moral hazard into global markets, which skews investor behavior toward risky assets because the downside of risk is being underwritten by the central banks. Thus, bubbles occur, and bubbles are bound to burst.
Critically discuss this statement in 2000-3000 words.
Chapter 16 Solutions
Business Esentials, Student Value Edition Plus 2017 MyLab Intro to Business with Pearson eText -- Access Card Package (11th Edition)
Ch. 16 - Prob. 16.1QRCh. 16 - Prob. 16.2QRCh. 16 - Prob. 16.3QRCh. 16 - Prob. 16.4QRCh. 16 - Prob. 16.5QACh. 16 - Prob. 16.6QACh. 16 - Prob. 16.7QACh. 16 - Prob. 16.8QACh. 16 - Prob. 16.9AECh. 16 - Prob. 16.10AE
Ch. 16 - Prob. 16.11ACh. 16 - Prob. 16.12ACh. 16 - Prob. 16.13ACh. 16 - Prob. 16.14ACh. 16 - Prob. 16.15ACh. 16 - Prob. 16.16TECh. 16 - Prob. 16.17TECh. 16 - Prob. 16.18TECh. 16 - Prob. 16.19TECh. 16 - Prob. 16.20TECh. 16 - Prob. 16.21EECh. 16 - Prob. 16.22EECh. 16 - Prob. 16.23EECh. 16 - Prob. 16.24CCh. 16 - Prob. 16.25CCh. 16 - Prob. 16.26CCh. 16 - Prob. 16.27CCh. 16 - Prob. 16.28CCh. 16 - Prob. 16.29CCh. 16 - Prob. 16.30CCh. 16 - Prob. 16.31CCh. 16 - Prob. 16.32CCh. 16 - Prob. 16.33C
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.Similar questions
- “The Basel III has raised the capital quality and introduced new capital buffers”. Is this statement true, false, or uncertain? Explain your answer. How can financial liberalizations lead to financial crises? How can opening up to capital flows from abroad lead to a financial crisis?arrow_forwardRole of Central Banks and Moral Hazards Central banks have injected moral hazard into global markets as lenders of last resort, which skews investor behavior toward risky assets because the downside of risk is being underwritten by the central banks. Thus, bubbles occur, and bubbles are bound to burst. Critically discuss this statement in 2000-3000 words.arrow_forwardrefer to the photo and answer the following a. What happens to the current account balance right after the oil price shock and after the government stops supporting the currency? What items of the current account are likely to change and why? b. How is the market for non-tradables in the domestic economy affected in these two stages? c. What will the IMF likely ask the government to do as a condition for providing it with the emergency loan? What justifications are there for these IMF conditions? Why are these conditions highly unpopular politically?arrow_forward
- 1 Examine the causes of the Asian Financial Crisis in 1997 and analyse the impacts on one of these countries which have been badly affected.arrow_forwardLiteracy, financial literacy and digital financial literacy are three unique terms. Literacy rate is highest and digital financial literacy rate is lowest in India. Comment on the impact of financial literacy among investors on the investment pattern, and how digital financial literacy may enhance the proportion of investment in securities market in India?arrow_forwardWith aid of diagrams, your individual submission, should discuss in detail the following three important exchange-based modes of retail finance conducted by Islamic Banks in South-Asia and the Middle East;(i) Murabaha(ii) Bai’ al-Inah (e.g. Bai Bithaman Ajil – BBA)(iii) Tawarruq (Reverse Murabaha / Commodity Murabaha)In your answer, (a) discuss the various rules and issues related to each of the modes of finance, (b) illustrate and explain the mechanics of each transaction in terms of legal form, and also (c) give your opinion in terms of economic substance (with regard to the Islamic normative theory of profit).arrow_forward
- Propose the future challenges in the banking industry and analyse how Capitec can overcome them and gain more market share. ELABORATE IN DETAILarrow_forwardQuestions: a) What is a money market and what is a capital market? b) What is a primary issue and what is a secondary issue? arrow_forwardWhat is the impact of monetary policy on the stability of financial systems in the context of analyzing the sources of the global financial crisis? Kindly answer this question as soon as possible.arrow_forward
- What major risk caused the Lehman Brothers to fail September 2008?arrow_forwardRegulations are used by regulators as a viable means to mitigate risk in the banking sector. However, over time, many arguments have been put forth in favor of regulations and against it. Some of the most pertinent arguments include all of the following EXCEPT? a. Regulation is essential to effectively managing the relationship between risk and return, although it can reduce the opportunities available to financial institutions to increase shareholders wealth. b. Regulators seek to create a safe banking environment to ensure the stability of the global financial system. However, in doing so, it reduces the competitiveness of financial institutions, and inevitably their ability to effectively compete with other banks. c. Regulators seek to mitigate any negative impacts that can result in failures of the global financial system, while at the same time, discourage undertaking risky activities by financial institutions. d. The underlying objective of regulators is to…arrow_forwardWith regards to inflation for the current year and medium term, comment on any differences between the input and output rates of inflation, the implications and consequences, and what action could be taken to enhance the banks position.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
