Answer:
A company comparison should not be made with industry averages if the company does not clearly fit into any one industry.
Explanation:
In Business management, it is important to note that many companies will not clearly fit into any one industry.
Hence, when using industry averages, it is often necessary to use an industry that the firm best fits rather than randomly picking up any industry. Additionally, the analysis of an organization's financial statements would be more meaningful if the results are compared with industry averages and with results of competitors.
Any financial service sought after, should use its best judgment by analyzing and identifying which industry the firm best fits.
Answer:
The amount of Joanna's gross income from these items is $60,000.
Explanation:
Gross income = $60,000
Only the compensation from her employee should be considered here. Since the stock is not sold, its appreciation has no value.
A life insurance proceeds is a tax-free item, therefore not to be included in gross income.
Therefore, The amount of Joanna's gross income from these items is $60,000.
Answer: Training is short-term skills oriented while development is long-term career oriented.
Explanation:
The statement that best describes the relationship between employee training and development, from the available options in the question is:
Training is short-term skills oriented while development is long-term career oriented.
This statement is true because, trainings cover a short period of time, aimed at improving the employees expertise on a particular area while development is a long term activity, which monitors the employee's growth and improvements in different aspects of their job delivery.
