Answer: An unfavorable variance can be used to detect a drop in estimated income early, and then solutions to the challenge can be identified.
Explanation:
An unfavorable variance is the difference between a company's projected expectation and the actual outcome of a financial activity of the company, where the actual outcome is less favorable than the projected expectation.
The information from an unfavorable variance can help alert a company to a negative outcome early, and the company's leadership can then find ways of solving the cause of the negative outcome.
<span>D) Stephanie's Boss is exhibiting D) Positive Reinforcement as it her actions are being rewarded with praise, which in turn causes Stephanie to work harder to continue to grow the firm and receive more praise.</span>
Even though the company is no longer able to pay the retirees, they are still protected because <u>The </u><u>Pension Benefit Guarantee Corporation</u><u> will pay a </u><u>basic benefit. </u>
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The Pension Benefit Guarantee Corporation:
- Was created to protect the pensions of millions of Americans
- Provides a basic benefit to pensioners who need pension payments when their companies no longer pay them
The basic benefit is a percentage of the benefits the retirees receive from their normal plan so it is not much. Retirees will often have to supplement this option.
In conclusion, The <u>Pension Benefit Guarantee Corporation </u>will pay out something to the retirees.
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Answer:
US specialisation in TV can be stated on the basis of Absolute Advantage, not comparative advantage.
Explanation:
Absolute Advantage is when a country can produce more output per input of a commodity, than other country.
Comparative Advantage is when a country can produce a good at lower opportunity cost (in terms of other sacrifised)
China can produce more (ie 5 units television) per hour employed, compared to US able to produce lesser (3 units) in the same time. So, on the basis of Absolute Advantage, it can be stated that US should specialise in TV production.
However, since other good's details have not been given. So, we cannot attain the relative opportunity costs. Hence, specialisation on the basis of comparative advantage can't be stated.