Answer:
If an employer wants the employee to work more hours in a week, the result is a larger paycheck.
Explanation:
An hourly wage job means that you get paid according to the number of hours you work and your wage will be determined by this. If you work more hours your paycheck will be higher and if you work less hours it will be lower. According to this, the statement that describes an hourly wage job is: if an employer wants the employee to work more hours in a week, the result is a larger paycheck.
Answer:
“Should” or “should not” depend on the cost rate of the option and the risk appetite of investors.
Explanation:
An option is a contract that allows investors to buy or sell instruments such as security, Exchanged Traded Fund or an index at a pre-determined price over a certain period of time.
If the option will cost the investor an additional $10,000 and it is the cost for an option of $10 million investment, then it cost only 0.1% additionally, but it can secure the position of this investment; then the investor should buy this option.
Vice versa, if the additional $10,000 is much more than expected profit, and even lower but significantly drop down the total profit of an investment; and the investor always wish to have a high profit regardless high risk; then he shouldn’t buy this option.
Answer:
a. Maturing of a product
When the product reaches its maturity stage, its sales volume reduces considerably. This would require different marketing strategies like product enhancement, price changing or developing new designs, etc.
b. Technology innovation in the manufacturing process
This will cause many changes in the strategy as technological innovation would reduce manual labor cost. Also, the organization would need skilled employees to deal with the new technology.
- Cost cutting is instituted.
- Product changes decrease.
- Design compromises are instituted.
- Labor Skills decrease
- Optimum capacity may be achieved
- Manufacturing process stabilizes
You want your hand to "give" a bit when you catch the ball. You don't want want the ball to come to a hard stop because that would risk hurting your hand.
Answer:
Contact-less payment technology
Explanation:
In contact-less payment, payment is made without any physical contact between the payer and receiver business. This payment mechanism makes use of NFC (near the field communication) technology.
Contact-less payment mechanism reduces cost for staffing and also removes need for collection of cash. This means that parking facilities are managed remotely.
