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AlladinOne [14]
3 years ago
12

An MNC in a developing country is operating amidst severe space​ constraints, and the infrastructural conditions in the city are

​ bad, causing a lot of lost​ man-hours. Anticipating rapid growth in the months to​ come, the company has created a recruitment plan based on its revenue expectations.​ However, it wants to manage this expansion without undertaking an expensive physical expansion. Which of the following could be a solution for the​ company?A) profit sharing
B) groupshifting
C) telecommuting
D) gainsharing
E) codetermining
Business
1 answer:
N76 [4]3 years ago
6 0

Answer: Option C

                     

Explanation: In simple words, telecommuting refers to the arrangement in which an employee of the organisation performer his or her job activities right from his or her home without going to a specified work place.

This is a modern times business technique which is used by organisations to save their costs like rent and travelling allowance to employees  that they have to bear. Such arrangement is generally made for the jobs that requires no client dealings and have specified targets set.

Thus, from the above we can conclude that the company should go for telecommuting as it will save the man hours.

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Other things being​ equal, demand is less elastic A. the smaller the percentage of a total budget that a family spends on a good
telo118 [61]

Answer:

The correct answer is letter "D": the more substitutes a good has.

Explanation:

Price elasticity of demand is the result of the relation between changes in price and quantity demanded for a good or service. <em>Price elasticity of demand is calculated dividing the percentage change in quantity demanded by the percentage change in price.</em> If the result is equal to or greater than 1, the demand is elastic. This situation implies a minimum change in price will affect by far the quantity demanded of that good or service.

Thus,<em> products with many substitutes are elastic because a minimal change in their price would represent a large change in quantity demanded since consumers will find similar products that satisfy their needs in the same proportion.</em>

3 0
4 years ago
Real per capita GDP in Singapore in 1960 was about $450, but it doubled to about $900.00 by 1977. a. What was the average annual
aleksandrvk [35]

Answer:

4.16%

Explanation:

to calculate Singapore's economic growth rate we can use the future value formula (we could also use the rule of 72 but it is not very exact):

future value = present value x (1 + r) ⁿ

  • future value = 900
  • present value = 450
  • n = 17
  • r = ?

900 = 450 (1 + r)¹⁷

(1 + r)¹⁷ = 900 / 450 = 2

1 + r = ¹⁷√2 = 1.0416

r = 1.0416 - 1 = 0.0416 or 4.16%

6 0
3 years ago
According to the consumer decision process, after consumers recognize the need for a product, they then engage in:.
lions [1.4K]

Answer:

An information search.

What is information search?

is a stage in the Consumer Decision Process during which a consumer searches for internal or external information.

4 0
3 years ago
Why is sustainable tourism important
Ksenya-84 [330]

Answer:

It's important because your making a change.

Explanation:

Sustainable tourism is the concept of visiting somewhere as a tourist and trying to make a positive impact on the environment, society, and economy.

4 0
4 years ago
Joe came into a sizeable inheritance about 5 years ago. His investment advisor representative recommended putting the majority i
nlexa [21]

Answer:

C) "Variable annuities include investments in various products, normally mutual funds, so the value of the variable annuity will fluctuate with increases or decreases in the values of the products held within the variable annuity."

Explanation:

Joe's investment adviser should have discussed what type of investment he was recommending and why he was recommending them. If Joe wants to know more about his investments, his IAR has a fiduciary obligation to explain how a variable annuity works.

Variable annuities are a type of investment vehicle, which allows tax deferral on investment growth. Variable annuities are called variable because the investor decides which investment he will take and the value of the investments vary in time.

Usually variable annuities include different mutual funds, and if the price of the shares of the mutual funds vary, so will the value of the annuity.

6 0
3 years ago
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