Answer: True
Explanation:
SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis is very popular because even though it appears simple, it can have such a massive impact on a company because it alerts Management to opportunities that exist to take the firm forward.
It also speaks to the company on ways to converge strategies that aim to harness the strengths or weaknesses in a Firm's INTERNAL and EXTERNAL environment with the aformentioned OPPORTUNITIES and THREATS thereby leading to a COMPLETE decision making process and result that can serve to push the company to be Proactive in taking strides that will grow the company.
SWOT analysis is a pure example of, "Simplicity is the ultimate Sophistication".
Answer:
Some examples of strengths you might mention include:
Enthusiasm.
Trustworthiness.
Creativity.
Discipline.
Patience.
Respectfulness.
Determination.
Dedication.
Explanation:
Answer:
The correct answer is C. there is a level of unemployment consistent with "normal" frictions in the labor market.
Explanation:
Full employment is a situation where all the individuals in a country, who are able to work and who want to do so, are effectively working either as employees of a company or organization or creating their own.
When full employment occurs, labor demand equals supply so that the labor market is in perfect balance. This means that in a country with full employment, all workers who belong to the active population and look for work, find it. However, as we will see below, when there is full employment there are certain unemployed people, it is what is known as frictional unemployment.
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
The standard labor cost for a motor tune-up is given below:
Standard Hours= 2.5
Standard Rate= $33
Standard Cost Motor tune-up= 82.5
The shop supervisor recalls that 58 tune-ups were completed during the week, and the controller recalls the following variance data relating to tune-ups:
Labor rate variance $ 80 F
Labor spending variance $ 118 U
1) Direct labor efficiency variance= (SQ - AQ)*standard rate
Direct labor efficiency variance= (58*2.5 - actual quantity)*33
118= (145 - AQ)*33
118= 4,785 - 33AQ
-4,667= -33AQ
141.42= Actual Quantity
2) Direct labor price variance= (SR - AR)*AQ
80= (2.5 - Actual rate)*141.42
-273.55= -141.42AR
1.92= Actual rate
Yes because most likely if the existing company is not already global then it probably does not have a very big name so you will have t restart in trying t get another audience and advertise your business to them. Sorry if this isnt right.
