Answer:
Job evaluation
Explanation:
Job evaluation is the task undertaken by Aaron.
In HR practices, what job evaluation means is that it is a way of determining what a particular job worths, in relation to other jobs.
This action taken by Aaron became necessary because, members of the work force are leaving the company because of their grievances. Top of the reason why they could be leaving could be dependent on the fact that they feel they may be under Paid when they compare what they are earning with the industry standard. This means people in the same job elsewhere are earning more than them. Hence, Aaron had to act fast as a professional and use the process of job evaluation to put his house in order.
Explanation:
Fixed cost is the cost that is constant for each unit of the item produced and does not depend upon the quantity of production. Fixed cost may include rent payment, insurance, interest payment.
whereas variable cost are cost that vary with quantity of output produced. It may include, labor cost, commissions, raw material, etc.
For Internet grocery shopping fixed cost can be cost of storing the grocery, insurance of inventory, electricity payment, cost of delivery to the customer, etc. whereas variable cost may be discount offered on quantity of purchase, Sale offers to attract customers, etc.
Answer: the maximum price (future amount) he could pay is
“$4,882.5“
Explanation:
The question above can be calculated using simple interest formula with amount ;
A = p + prt
A = p (1 + rt)
From above question, variables given are:
principal 'p' = $3,500
time 't' = 5years
interest rate = 7.9% = 0.079
A = p(1 + rt)
A= 3500[1 + 0.079(5)]
A = 3500 [ 1 + 0.395]
A = 3500 ( 1.395)
A = $4,882.5
Approximated to $4,883 as a whole figure.
This is the maximum amount he could pay after 5 years.
Answer:
(d) a change from the production of golf carts to motorcycles
Explanation:
In the long run, a manufacturing entity should be considering options that will increase their profitability. To be more profitable , the firm must increase its output and its market share. A firm manufacturing golf carts should diversify into sectors that provide broader markets.
From the option provided, a firm manufacturing golf carts is most likely adjust to the production of motorcycles in the long run. Golf carts are used in golf clubs only to transport golfers and their equipment. They have a restricted market, unlike motorcycles, which can be used by a bigger percentage of the population. Adjusting to motorcycles presents an opportunity for potential growth in market share and profitability.
Answer:
Option D is the correct answer.
Explanation:
- <u>First-in, first-out</u> method is when you use the cost of the inventory you bought at the beginning of the year and multiply it with sales to determine cost of inventory that you have sold. Any remaining inventory from when you bought it for the first time at the cost that you paid at the time when you bought it is used. Usually grocery shops use this method.
- <u>Average cost</u> method is when you take an average of the costs of the inventory you bought and then multiply that cost with the number of inventory sold.
- <u>Last-in, first-out</u> method is when you use the cost of the inventory you recently bought and multiply it with number of inventory sold to determine cost of inventory that you have sold.
- <u>Specific Identification</u> method is used on inventory that is sold infrequently such as gold.
