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Sloan [31]
3 years ago
5

What is the difference between patronage and the merit principle?

Business
1 answer:
alexdok [17]3 years ago
5 0
Patronage principle based its hiring and promotion system on political reasons while the merit principle employed the idea that hiring should be based on entrance examination and promotion. One of the major disadvantage of the patronage principle is that, it may end up employing people who are not qualify for the job. Merit principle choose based on qualifications. 
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If you invest $100 at 10 percent compounded annually, how much money will you have at the end of 3 years?
fiasKO [112]

The amount I would have at the end of 3 years is $133.10.

<h3>How much would I have at the end of the 3 years?</h3>

When an amount is compounded annually, both the amount invested and the interest accrued increase in value one a year.

The formula for calculating future value:

FV = P (1 + r)^n

  • FV = Future value
  • P = Present value
  • R = interest rate
  • N = number of years

$100 x (1.1^3) = $133.10

To learn more about future value, please check: brainly.com/question/18760477

#SPJ1

4 0
1 year ago
Insurance is managed by employers, so if an employee is sick and loses her job, her insurance will be expensive due to preexisti
Aleksandr-060686 [28]

This is an example of Selection bias.

<h3>What is Insurance?</h3>

Insurance exists as a way to manage your risk. When you buy insurance, you purchase security against unexpected financial losses. The insurance company reimburses you or someone you determine if something bad happens to you. If you have no insurance and an accident occurs, you may be accountable for all corresponding costs.

Insurance plans exist beneficial to anyone examining to protect their family, assets/property, and themselves from financial risk/losses: Insurance plans will permit you to expend for medical emergencies, hospitalization, contraction of any illnesses and treatment, and medical care needed in the future.

Selection bias happens if those who enroll in HMOs are either more or less likely to utilize health services after changing for factors utilized to set rates (e.g., Medicare sets HMO rates based on age, sex, Medicaid eligibility, and institutional status).

To learn more about Insurance refer to:

brainly.com/question/10787476

#SPJ9

5 0
9 months ago
*Marking brainliest for the first right answer*
vichka [17]

Answer:

yaah lower is only the answer

3 0
2 years ago
When you receive an assignment to write a report, you should begin the report-writing process by
Alika [10]
B) begin your research
3 0
3 years ago
Which document establishes an initial record of the receipt of the inventory?​?
MrRa [10]
The document which establishes an initial record of the receipt of an inventory is THE RECEIVING REPORT.
The receiving report is usually used by a business to record the details of the products that are received from suppliers. The record documents what is owned to supplier based on the number of goods accepted and the ones that are returned.<span />
7 0
3 years ago
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