Answer:
James will need to register the business with his local state as the
name of his business differs from his own.
Explanation:
Answer:
Cost incurred while running a restaurant:
Salary paid = $200,000 per year
Ingredients cost = $50,000 per year
Before running this restaurant, he was earning $150000 per year.
Here, we are using a concept called opportunity cost.
Opportunity cost refers to the benefit of a commodity that is forgone to produce one extra unit of some other commodity.
It is also refers to the value of next best alternative that is given up by choosing some other alternative.
In this question, opportunity cost of running a restaurant is the income that is earned when he was a lawyer, i.e, $1,50,000 per year. This is the income that is foregone when he started running a restaurant.
Answer:
A. It allows having minimum resources to complete tasks.
C.
It ensures that the right people occupy the right positions
Explanation:
Both A and C are correct options as a good organisation is
efficient as well as
effective.
<u>This is possible only when the organisational structure is putting the right people in place to do the jobs they are capable of doing</u> and are trained to do and the jobs are getting done e<u>ffectively with the least amount of resources it is possible to use while doing this j</u>ob.
Doing this shows the importance of the organisational structure.
Answer:
B. pay range
Explanation:
Setting a defined range with a minimum, maximum and a midpoint salary for employees holding a particular position within the company is applying a pay range.
*Note that a pay range defines minimum and maximum boundaries for a specific pay grade.
Therefore, the answer is B. pay range
Answer:
which is the best choice to explain why human resource manager is so important to organizations?
Human resource manager maintains the influx of the organization, they help in recruitment process as well as exempt or sack those that are not needed anymore in the organization.
Explanation:
