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3 years ago

What term refers to the knowledge, education, training, skills, and expertise of a firm's workers?

1 answer:

7 0

Human capital is the term that refers to the knowledge, education, training, skills, and expertise of a firm's workers.
Gary Becker, an economist from the University of Chicago has popularized this term. The human capital includes assets of individuals that can be used to create economic value for the individuals, their employers, or their community:

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Describe how organizational culture is related to project management. What type of culture promotes a strong project environment

alukav5142 [94]

Explanation:

Every company regardless of its size or area of activity has an organizational culture, formally instituted or not.

Organizational culture can be defined as the company's identity, it is a system of values, procedures and behaviors that are shared by all members of an organization. A culture can be rigid or flexible, innovative or conservative, strong or weak, hostile or supportive.

Therefore, the relationship that the organizational culture has with the project management area is the impact on the behavior and form of action of the project members, the culture has a relevant impact on the identity of the professional.

The ideal type of culture to promote a strong project environment is a culture focused on innovation and the guidance and coordination of staff, with an emphasis on the group, so that there is integration, motivation and a favorable climate.

3 0

3 years ago

One contributor to the easy with which young entrepreneurs can have success is low-cost distribution to massive markets worldwid

quester [9]

Answer:

app stores

Explanation:

An App Store refers to the digital storefront designed to enable the check and study of digitally offered software titles or other media for sale. Analytically, the storefront application itself offers a safe, standardized experience that simplifies the acquisition, decoding, and configuration of software packages or any other electronic media.

Usually, app stores arrange the applications they sell on the basis of: the function(s) offered by the app (including gaming, graphics or productivity), the platform the app was built for and the operating system upon which app will be working.

8 0

3 years ago

suppose southeast mutual bank, walls fergo bank, and pjmorton bank all have zero excess reserves. the required reserve ratio is

WITCHER [35]

The southeast mutual bank's asset reserve T-account will be debited by $1,500,000 and the liability T-account to be credited by $1,500,000.

<h3>What are reserves?</h3>

Bank reserves are the cash minimums required by financial institutions to meet central bank requirements. This is real paper money that the bank must keep in an on-site vault or in its account at the central bank.

The required journal entry for the transaction is :

Dr. Assets Reserves $1,500,000

Cr Liabilities Deposits $1,500,000

The bank increased its cash reserves and liability by the same amount when it borrowed $1.5 million. The assets side of the T-account increased by $1,500,000, increasing bank reserves, and the liabilities side of the T-account increased by $1,500,000, increasing demand deposits.

Therefore, with the addition of reserves, the bank can make loans to borrowers and earn interest on them. Similarly, because the bank is the borrower, Hubert can withdraw the amount from the demand deposit.

To learn more about reserves, click here:

brainly.com/question/22850893

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Your question is incomplete, but most probably your full question was,

Suppose southeast mutual bank, walls fergo bank, and pjmorton bank all have zero excess reserves. The required reserve ratio is 20%. Hubert, a client of southeast mutual bank, , deposits $1,500,000 into his checking account at the local branch.

Complete the following table to reflect any changes in southeast mutual bank's T-account (before the bank makes any new loans).

5 0

1 year ago

Groupe Air uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports. T

Anvisha [2.4K]

Answer:

$5,931 Favorable

Explanation:

Operating cost for actual activity:

= $36,130 + ($2,036 per flight × No. of flights) + ($1 per passenger × No. of passenger)

= $36,130 + ($2,036 per flight × 73) + ($1 per passenger × 223)

= $36,130 + $148,628 + $223

= $184,981

Activity variance:

= Operating cost for actual activity - Actual cost for plane operating costs

= $184,981 - $179,050

= $5,931 Favorable

3 0

3 years ago

Your client is 40 years old. she wants to begin saving for retirement with the first payment to come one year from now. she can

SpyIntel [72]

Given that a 40 years old woman wants to begin saving for retirement with the first payment to come one year from now. she can save $5,000 per year, and she invested it in the stock market, which she expects to provide an average of 9% in the future.

Part A:

The value of her investment at the age of 65 (25 years) is given by:

$FV=P \frac{(1+r)^n-1}{r}$ ,
where FV is the value of the investment n years from now; P is the periodic payment = $5,000; r is the rate of return = 9% = 0.09 and n is the number of years = 25 years.

$FV=5000\left( \frac{(1+0.09)^{25}-1}{0.09} \right) \\ \\ 5000\left( \frac{8.6231-1}{0.09} \right)=5000(84.70) \\ \\ =\$423,504.48$

Part B:

The value of her investment at the age of 70 (30 years) is given by:

$FV=P \frac{(1+r)^n-1}{r}$ ,
where FV is the value of the investment n years from now; P is the periodic payment = $5,000; r is the rate of return = 9% = 0.09 and n is the number of years = 30 years.

$FV=5000\left( 
\frac{(1+0.09)^{30}-1}{0.09} \right) \\ \\ 5000\left( 
\frac{13.2677-1}{0.09} \right)=5000(136.31) \\ \\ =\$681,537.69$ 

Part C:

If she retires at the age of 65 and she expects to live additional 20 years after retirement, the present value her investment where an equal amount is withdrawn at equal interval of times is given by:

$PV=P \frac{1-(1+r)^{-n}}{r}$
where PV is the present value = $423,504.48; P is the amount withdrawn at the end of each year; r is the rate of return = 9% = 0.09; n is the number of years = 20 years.

Thus,

$423,504.48=P\left( \frac{1-(1+0.09)^{-20}}{0.09} \right) \\ \\ =P\left(\frac{1-0.1784}{0.09}\right)=9.1285P \\ \\ \Rightarrow P= \frac{423,504.48}{9.1285} =\$46,393.42$

Therefore, the amount she will be able to withdraw at the end of each year after retirement is $46,393.42

Part D:

If she retires at the age of 70 and she expects to live additional 15 years after retirement, the present value her investment where an equal amount is withdrawn at equal interval of times is given by:

$PV=P \frac{1-(1+r)^{-n}}{r}$
where PV is the present value = $681,537.69; P is the amount withdrawn at the end of each year; r is the rate of return = 9% = 0.09; n is the number of years = 15 years.

Thus,

$681,537.69=P\left(
 \frac{1-(1+0.09)^{-15}}{0.09} \right) \\ \\ 
=P\left(\frac{1-0.2745}{0.09}\right)=8.0607P \\ \\ \Rightarrow P= 
\frac{681,537.69}{8.0607} =\$84,550.80$

Therefore, the amount she will be able to withdraw at the end of each year after retirement is $84,550.80

4 0

3 years ago