Answer:
Differences Between a Defined Contribution Pension Plan and a Defined Benefit Pension Plan.
With a defined contribution pension plan, the benefit that will accrue to the employee is not known or defined ahead of her retirement. But the contributions that will be made by the employer and the employee to fund the pension are clearly spelt out.
With a defined benefit pension plan, the benefit (i.e. the monthly payment to the retiree) is stated ahead of the pension time. It is based on the employee's tenure and salary. Employees do not contribute to the plan but are entitled to lifetime monthly payments.
Explanation:
The employer and each employee contribute some certain percentages to each worker's individual retirement account (IRA) under the defined contribution pension plan. Under the defined benefit pension plan, the employer is solely responsible for funding the plan and the employee benefits via a monthly payment from the funding plan during retirement.
The influx of cheap goods from <u>Europe</u> accelerated the loss of manufacturing jobs in the united states during the great recession.
<h2>What caused the great recession?</h2>
The Great Recession referred to period of general decline such as recession that was observed in national economies globally that occurred between 2007 and 2009.
The causes of Great Recession included combination of vulnerabilities that developed in the financial system along with a series of triggering events that began with the bursting of the United States housing bubble in 2005–2012.
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Additional funds needed is “extra money needed,” and it refers to other resources that will be needed for the company to expand its operations.
<h3 /><h3>What do you mean by additional fund needed projects?</h3>
<u>Additional funds needed </u>is a way of calculating how much new funding will be needed so that the firm can truly look at whether it will be able to make some extra money and thus be able to achieve a higher level of sales.
<u>Additional funds needed </u>project the types and amounts of assets a firm will require to carry out its future plans and forecast the number of additional funds that will be needed to acquire those assets
Thus, the correct word is <u>Additional funds needed.</u>
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Answer:
The correct answer is d. "blue ocean strategy".
Explanation:
The strategy seeks to set aside competition between companies, expanding the market through innovation. What companies need to be successful in the future is to stop competing with each other. In the last twenty-five years, all strategic thinking has been directed to the red ocean; The administration defines that in the competition there is the success or failure of the companies, which has allowed many to know how to perform skillfully in this world, but ignoring that another type of strategy could generate better results, without worrying so much about the competition.
The red ocean represents all existing industries today. These companies must have clearly marked limits, as well as defined competencies, and their objective is to overcome the rival and gain a great position in the market. They are constantly exposed to the emergence of new competitors, which decrease their chances of growth. Usually, this type of ocean is the reality of every business.
Answer:
Small batch and unit production.
Explanation:
Small batch and Unit production -
In this type of production , the primary focus of the organisation , is the satisfaction of the customer and is based on the preference of the customer .
For this type of manufacturing process , skilled labor and planning is very important to customize and prepare any good or service .
sometimes , the complete team focus on the production of the product one at a time , with lot of caution .
Hence , the information given in the question , the type of manufacturing process is best describes as Small batch and unit production .
