I believe the answer is: Strategy
Strategy reefers to planned decision that is used to achieve a certain goal. In the example above, the goal of the hotel is to survive the downturn.
Conley realized that front-employees are the most curical resources in such situation since they are basically the main people that directly handled the customers. So, he choose a strategy to improve their general welfare and sacrificing his own needs.
Answer:
FV= $75,437.02
Explanation:
Giving the following information:
Number of cash flows= 5
Cash flow= $10,000
Total number of periods= 10 years
Interest rate= 6% compounded annually
<u>First, we need to calculate the future value of the 5 cash flows in 5 years using the following formula:</u>
<u></u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {10,000*[(1.06^5) - 1]} / 0.06
FV= $56,370.93
<u>Now, the value at the end of 10 years:</u>
FV= PV*(1+i)^n
FV= 56,370.93*(1.06^5)
FV= $75,437.02
Answer:
structurally unemployed.
Explanation:
Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed. The unemployment rate is divided into various types, these include;
1. Cyclical unemployment rate (CU).
2. Frictional unemployment rate (FU).
3. Structural unemployment rate (SU).
Structural unemployment can be defined as an involuntary unemployment that arises as a result of the incompatibility between a worker's skills set and requisite skills an employer seeks from the workers or due to technological changes.
This ultimately implies that, it describes a situation where an individual isn't able to secure a job as a result of insufficient number of jobs matching their qualifications, thus limiting their opportunities.
In this scenario, Monica Smith was unemployed because the steel company, where she worked, closed and moved overseas to a foreign country. Other steel companies have also closed. Her skills are not transferable to another industry and she is unable to get a job.
Hence, she would be classified as structurally unemployed.
Answer:
The correct answer to the following question will be Option B (design competition).
Explanation:
- Design competition seems to be a platform that allows participants to overcome a problem domain as well as compete against someone else, mostly their colleagues, to obtain an honor or perhaps a construction project.
- In comparison to the greatest design, arts as well as architecture blogs around the world, A' Design Recognition and Competition distributes every information throughout the design internet networks.
Some other available options have no connection with the given scenario. So choice B seems to be the right answer to that.