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scZoUnD [109]
3 years ago
8

Imagine that you are the head of recruiting for a major airline. You are charged with replacing several department-head position

s by the end of the year. In a short 1-page essay, lay out the arguments for recruiting from within the company and recruiting from outside the company.
Business
1 answer:
USPshnik [31]3 years ago
5 0
Recruiting from within the company would mean that the new personnel would be very familiar with the company procedures and also probably know most of the other employees in their office so it would/should be easy for them to be integrated into the company. Also, they would already know the culture of the company which means for example they would know how to approach people in the best way to get their cooperation. Their probable intimate knowledge of the history of the company would also make it easier for them to understand its present functioning. Hiring from outside the company would have the advantage of having someone with a fresh point of view and able to see the co. more objectively and therefore be able to point out things which may be detrimental to its proper functioning. On the positive side, having someone who has had say wide experience with various companies there is more likelihood of them being more innovative about new ways of doing things. This is related to the problem that at least with some big companies, they sometimes think that because they are big and relatively successful, they have nothing to learn from other companies and this is an erroneous idea which may prevent them from optimizing their production. 
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Suppose a tax of $3 is imposed on each new garden hose that is sold, resulting in a deadweight loss of $22,500. The supply curve
liq [111]

Answer: Equilibrium quantity of garden hoses after the tax is imposed is 85000.

Explanation:

Given that,

Dead weight Loss = $22500

Tax amount per unit (t) = $3

Equilibrium quantity before tax, Q_{b} = 1,00,000 units

Equilibrium quantity after tax, Q_{a} = ?

Dead weight Loss = \frac{1}{2} \times t \times (Q_{b} - Q_{a})

22500 = 0.5 × 3 × (100000 - Q_{a})

Q_{a} = 85000 units

∴ Equilibrium quantity of garden hoses after the tax is imposed is 85000.

4 0
3 years ago
The following account balances were taken from the 2021 post-closing trial balance of the Bowler Corporation: cash, $9,500; acco
Pavlova-9 [17]

Answer:

$196,000

Explanation:

The question is to prepare the balance sheet of Bowler Corporation as at the end of 2021.

Balance Sheet is generally divided into Assets side (Non-Current and current) Liabilities (non-current and current) and the Stockholders equity. A good balance sheet should be as follows Asset= Liabilities + Equity

Bowler Corporation Balance Sheet as at 2021

Particulars                                            Amount($)                 Amount($)

Non-Current Assets

Equipment                                          210,000

Less: Depreciation                            <u> (78,000)    </u>                132,000

Current Assets

Cash                                                      9,500

Accounts receivable                            19,500

Inventory                                               <u>35,000</u>

Total Current Assets                                                             <u>64,000</u>

Total Assets                                                                          196,000

Liabilities and Equity

Current Liabilities

Accounts Payable                                 75,000

Salaries payable                                <u>    31,000</u>

Total liabilities                                                                         106,000

Equity                                                  

Common Stock                                      69,000

Retained earnings                                <u>  21,000</u>

Total stockholders' equity                                                        <u> 90,000</u>

Total Liabilities and Equity                                                     196,000

4 0
3 years ago
2.) Which of the following is true? A. The convenience yield is always positive or zero. B. The convenience yield is always posi
charle [14.2K]

Answer:

The correct answer is letter "A": The convenience yield is always positive or zero.

Explanation:

The convenience yield reflects the premium of possessing an asset instead of one of its derivates or contracts. This situation arises in front of inverted markets, where holding the asset itself may bring more profits than purchasing a derivate of the same asset.

<em>The convenience yield tends to be positive or zero because the prices of assets cannot fall below zero. In other words, they are not negative.</em>

7 0
3 years ago
An example of global outsourcing is seen when gap, inc uses low-cost caribbean labor to cheaply produce its clothing, and then f
antoniya [11.8K]
<span>This is true- it is an example of global outsourcing. Global outsourcing is when a company sends jobs to locations across the globe, where they can get away with hiring more workers and paying them less than they would have to in America. They take advantage of the lack of labor laws and human rights.</span>
6 0
3 years ago
You will need $228,790 in 28 years to supplement your retirement funds. if you can earn 8% interest, you must save $________ eac
kodGreya [7K]
You will need $228,790 in 28 years to supplement your retirement funds. If you can earn 8% interest, you must save $2,400 each year. ✅
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3 years ago
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