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Ksenya-84 [330]
3 years ago
7

Mary Beth is a supervisor of a unit consisting of four employees--Cheryl, Susan, Fred and Michael. Financial hardship dictates t

hat the organization has to downsize its operations and Mary Beth has to let two of her employees go. The organization decides to retain or terminate employees based solely on their seniority.
* Mike has higher seniority than Cheryl.

* Fred has higher seniority than Sue.

* Fred has higher seniority than Cheryl.

1. Mike will be terminated

A)True
B)False
C)Unknown

2. Sue will be terminated

A)True
B)False
C)Unknown
Business
1 answer:
Brilliant_brown [7]3 years ago
8 0

Answer:

1. C)Unknown

2. C)Unknown

Explanation:

The company wants to disengage staff based on seniority but does not state of it is the highest ranking or lowest ranking that will go

So if we assume the two lowest ranking staff are to be let go.

From the scenario above Fred is more senior than Cheryl and Sue, so he must be 1st or 2nd.

To determine if Mike is to be terminated, he is senior to Cheryl. If Cheryl is 4th then Mike can be 3rd and will go. If Cheryl is 3rd then Mike can be 1st or 2nd and will stay. There is no way to determine Mike's rank from the data given.

To determine if Sue will go, Fred is more senior to Sue. So if Fred is 1st Sue can be 2nd and stay. However Sue can be 3rd or even 4th and still satisfy the conditions. So in this case also we cannot determine if Sue will be laid off with the data given.

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Labor Input Physical output 10 500 11 600 12 690 13 760 14 800 Refer to the above table, answer the following questions: A. If t
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Answer:

Explanation:

Labor Input       Physical output  

    10                              500

     11                               600

     12                              690

     13                              760

     14                               800

marginal output of 11 th labor = 600 - 500 = 100

price of each product = 7

marginal revenue product  of 11 th labor  7 x 100 = 700

B )

price of each of  the goods sold = 10

marginal factor cost of labour = 700

minimum no of goods to be sold to cover the labour cost

= 700 / 10 = 70

no of goods added due to  addition of 11 the labour = 100

no of goods added due to  addition of 12 the labour = 90

no of goods added due to  addition of 13 the labour = 70

so no of units of labor upto which  the firm will continue to hire

= 13 .  

7 0
3 years ago
What does a future value measure
hjlf
Future value (FV) is the value of a current asset at a future date based on an assumed rate of growth. The future value (FV) is important to investors and financial planners as they use it to estimate how much an investment made today will be worth in the future.

Future Value = Present Value (1 + (Interest Rate x Number of Years)) Let's say Bob invests $1,000 for five years with an interest rate of 10%. The future value would be $1,500.
3 0
2 years ago
Left, right, center,and justify are types of what
forsale [732]

Answer:

Justified Alignment

Explanation:

The type of text alignment that is frequently seen in newspaper,magazines,and books(both the left and the right sides of the paragraph are perfectly straight).I'm sorry if it was wrong.

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______ occurs when people are hired or promoted, or denied hiring or promotion, for reasons not relevant to the job
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Answer:

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Explanation:

Workplace discrimination is when someone is not treated well at work because of prejudices related to race, gender, religion, sexuality, among others. According to this, the answer is that workplace discrimination occurs when people are hired or promoted, or denied hiring or promotion, for reasons not relevant to the job because the person is treated differently because of prejudices.

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