Tonya's company set up a booth at the college job fair to identify spring graduates who might be candidates for employment. This is an example of recruiting.
- Give candidates a chance to interact directly with the employer. Give a company the chance to evaluate the skills of a possible employee.
- All businesses must generally decide on three aspects of hiring: personnel policy, sources of hiring, and the traits and conduct of the recruiter.
- To assist your company in gaining a competitive edge through enhanced productivity, performance, and efficiency.
Employees' knowledge and abilities should be improved for their existing roles-
- Professional education
- Mentoring and coaching.
- Cross-disciplinary instruction.
- Creation of "soft skills"
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Answer:
Product D
Explanation:
Calculation to determine Which product makes the MOST profitable use of the grinding machines
First step is to calculate the Variable cost per unit
Products
A B C D
Direct materials $16.10 $20.00 $13.00 $15.70
Add Direct labor 18.10 21.50 15.90 9.90
Add Variable manufacturing overhead 4.90 6.10 8.60 5.60
Add Variable selling cost per unit $3.10 $3.60 $3.30 $4.00
Variable cost per unit $42.20 $51.60 $40.80 $35.20
Now let calculate the product that makes the MOST profitable use of the grinding machines
Selling price per unit $81.20 $73.60 $70.40 $65.10
Less Variable cost per unit $42.20 $51.60 $40.80 $35.20
=Contribution margin per unit $39 $22 $29.60 $29.90
÷Grinding minutes per unit 2.25 1.35 0.95 0.55
=Contribution per grinding minutes $17.33 $16.30 $31.16 $54.36
Therefore Based on the above calculation the product that makes the MOST profitable use of the grinding machines is PRODUCT D because it has the highest Contribution per grinding minutes of the amount of $54.36
Answer: b. unemployment rises but it would have risen by less if the Bank of Mokania had reduced inflation to 5% rather than 3%
Explanation:
There exists and inverse relationship between the unemployment rate and the inflation rate with the logic being that higher inflation means that the economy is doing better and people have more jobs and are demanding more goods and services hence the inflation.
If the inflation drops more than people were expecting it to therefore, unemployment would rise. As mentioned above, inflation and unemployment are negatively correlated so the more the fall in inflation, the higher the unemployment rate.
A fall in inflation to 3% would therefore mean a higher rise in employment than a fall in inflation to 5% which is less of a fall and so will lead to a smaller rise in unemployment.
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