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2 years ago

Which of the following is an advantage to belonging to a labor union?

Business

1 answer:

alisha [4.7K]2 years ago

7 0

Labor union protect the workers right and interest.

Firstly, let understand that labor union is basically an association of workers which can either be for a trade or profession, with the main objective of protecting members rights and interests

The major function of labor union is to help improve the lives of members by negotiating and determining the remuneration rate that should be provided to them such as wages, salaries, hourly rate, minimum wages etc.

Some advantage of Labor union for workers are:

Its helps to protect the interest of workers.
Its helps to negotiate and promote higher wages and better benefits.
Its help to ensure workplace safety.
The union serves as workers representatives.

Learn more about Labor union here

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The number of customers who enter a bank is thought to be Poisson distributed with a mean equal to 10 per hour. What are the cha

VLD [36.1K]

Answer:

The probability that 2 or 3 customers will arrive in a 15-minute period is 0.4703

Explanation:

Firstly, we have to determine the segment unit, since the mean is 10 per hour, the segment unit is 1 hour.

The mean(m) = 10

since the period is 15 minutes = 0.25 hour, t= 0.25 hour / 1 hour. Therefore mt= 2*10 = 2.5

The poisson distribution formula P(x) = $\frac{(mt)^{x}e^{-mt} }{x!}$

Therefore the probability that 2 or 3 customers will arrive in a 15-minute period

P(x=2) or P(x=3) = P(x=2) + P(x=3) = $\frac{(2.5)^{2}e^{-2.5} }{2!}+\frac{(2.5)^{3}e^{-2.5} }{3!}$ = 0.2565 + 0.2138 = 0.4703

Therefore P(x=2) or P(x=3) = 0.4703

The probability that 2 or 3 customers will arrive in a 15-minute period is 0.4703

3 0

2 years ago

Read 2 more answers

Describe at least two advantages a large company has over a smaller company

Sliva [168]

a larger company can seem more reliable to some people and often times large companies can run smaller ones out of buisness

8 0

2 years ago

Read 2 more answers

OpenReader is an Internet lending library in which people list and lend their own books and borrow books from other members. It

Elis [28]

Answer:

affiliate marketing

Explanation:

When someone searches for a company' s product he or she enjoys , promote and sells such product and earns bonus or profit, it is called affiliate marketing. It is a situation whereby one(affiliate) earns a comissiom by promoting another company' s product.

Affiliate marketing is mostly done on the internet . Affiliates identify themselves with a brand they enjoy and then refer people to patronize it. By so doing, they earn a commission on every sale they make on behalf of the company.

Although some people(affiliates) goes to the extent by having a blog to promote a company' s product, one can start by just advertising the product

which will eventually leads to sales and then earn comission.

3 0

3 years ago

In order to increase the capital stock, society must divert ______ that could be otherwise used to increase the supply of _____

mr_godi [17]

In order to increase the capital stock, society must divert resources that could be otherwise used to increase the supply of consumer goods.

Consumer goods:

Consumer and capital goods are the two main categories of products produced in the economy, and if capital stock has to rise, resources for capital goods must also rise, reducing the supply of consumer goods.
Customer goods are items that the typical consumer purchases for consumption. Consumer goods, also known as final goods, are the products of production and manufacture and are what shoppers will find placed on store shelves. Consumer goods include items like jewelry, clothing, and food.
Any tangible good produced and later purchased to satiate the buyer's present requirements and perceived wants is referred to as a consumer good in economics. Durable, nondurable, and services are the three subcategories of consumer products.
Consumer products can be divided into four categories. They are shopping items, specialty items, convenience items, and unanticipated items.

Learn more about consumer good here brainly.com/question/23107379

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3 0

1 year ago

On October 31, 2016, the balances of the accounts appearing in the ledger of Prestige Furnishings Company, a furniture wholesale

ohaa [14]

Answer and Explanation:

A. The preparation of the multiple income statement is presented below:

Prestige Furnishings Company

Multiple-step income statement

For the year ended October 31, 2016

Sales $6,144,850

Less: Cost of goods sold -$3,925,500

Gross profit $2,219,350

Less: Operating expenses

Administrative expenses -$515,750

Selling expenses -$732,500

Supplies expenses -$92,700

Total operating expenses -$1340,950

Operating income $878,400

Non operating income or others

Less: Interest expense -$9,950

Net income $868,450

B. The major advantage is that the multiple-step income statement reflects the relationship between the gross profit ratio i.e gross profit to sales that expressed in a percentage form and it also depicts the multiple levels indicating the operating expenses, operating income, non operating income, etc

6 0

3 years ago