Answer:
True
Explanation:
1. Usually wages are paid by the number of hours spent working.
For example, someone who works as a warehouse supervisor may be paid hourly for the amount of time spent on the job.
2. Salary is usually the amount paid for services rendered, it is valued in cash, and does not include non-cash compensation like medical insurance.
For example, a person may be paid $15,000 (fixed amount) each month not necessarily considering the number of hours spent on job.
3. Bonuses are categorised under non cash compensation, because they are benefits added to employee's salary such as:
Annual bonuses or commissions, life insurance etc.
True in most organisations annual bonuses are paid within two and half months after end of year in the year they were earned.
Answer:
4-Firm Concentration ratio = 20%
Explanation:
Each firm has equal share
That means 100% share of the industry is divided equally among the 20 firm
Share of 1 firm = 100/20 = 5%
4-Firm Concentration ratio = Share of 1 firm * Number of firm
4-Firm Concentration ratio = 0.05 * 4
4-Firm Concentration ratio = 0.2
4-Firm Concentration ratio = 20%
Answer:
investment advisers
Explanation:
Institutional buyers are knowledgeable and experienced investors who require less regulatory protection than regular investors. Institutional investors include sophisticated investors such as pension schemes, banks, trust funds, or any other entity composed of accredited investors.
Institutional investors will usually deal in large volumes of investments worth millions of dollars. They have enormous resources which may come from public saving such as deposits and insurance premiums. Investments advisers do not necessarily engage in a high-value part in dealings. Their primary role is to offer investment advice to unsophisticated investors.
