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3 years ago

Which unemployment "category" describes each situation below?

Business

1 answer:

allochka39001 [22]3 years ago

3 0

Answer:

a. landscapers laid off in response to drop in new housing construction during a recession: CYCLICAL UNEMPLOYMENT

b. coal miners laid off due to EPA regulations that shut down a coal fired power plant: STRUCTURAL UNEMPLOYMENT

c. a financial analyst who quits his/her job in Chicago and is pursing similar work in Arizona: FRICTIONAL UNEMPLOYMENT

d. printers laid off due to drop in demand for printed catalogues and flyers as firms go the internet to promote and advertise their products: STRUCTURAL UNEMPLOYMENT

e. factory workers in the U.S. laid off as the plants shut down and move to Mexico: FRICTIONAL UNEMPLOYMENT

f. Jack graduated from college last month, but he has not yet started looking for a job: FRICTIONAL UNEMPLOYMENT

g. Professor H took 6 months off from his job at Gigantic U, and is now working on a fishing boat in Alaska: FRICTIONAL UNEMPLOYMENT

Explanation:

Unemployment is a situation or period of time whereby people are looking for jobs but they can't find any jobs.

We have three types of unemployment. They are:

1. Structural Unemployment: This is a type of unemployment whereby people are unemployed because their skills no longer match the jobs that are available due advancement in technology, specific academic requirements or training skills.

2. Frictional unemployment: This is a situation whereby people are unemployed because people are looking for new jobs, or changing from one job to another.

3. Cyclical Unemployment: This is the type of unemployment or period of time whereby people are unemployed because there is a decline in the economic system of a country for example economic recession.

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Jackson is buying a home for $412,000. his interest rate on the loan will be 4.75or 15 years. he will have a down payment of $16

Ipatiy [6.2K]

Answer:

96%

Explanation:

Value of the home: $412,000-Down Payment $16,480 = $395,520

Formula for LTV(Loan to Value Ratio): Loan Amount / Appraised Property Value

LTV: $395,520/$412,000 = 0.96 or 96%

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2 years ago

Internal controls are designed to accomplish five objectives that include compliance with legal requirements, promote operation

Ira Lisetskai [31]

Answer:

<u>Ensure accurate reliable accounting records</u>

Explanation:

Internal controls refer to those processes and procedures employed by the management of an entity so as to ensure efficient operations and to keep a check on frauds and compliance with better reporting requirements.

For example, biometric system of recording employee attendance which keeps a check as in who is actually on payroll and elimination of any dummy entries from the records.

The purpose of internal control is to safeguard assets, ensure that employees adhere by company policies, compliance with the law, promote operational efficiency and ensure reliable financial reporting without misrepresentation of facts.

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3 years ago

Regarding competitive strategies, companies seek efficient manufacturing and productive employees to achieve ___________.

hoa [83]

Answer:

D. differentiation.

Explanation:

Option A - Low-cost leadership refers to the strategy in which the customers are getting the products at a low cost. Companies seek to achieve cost leadership, but with efficient manufacturing and productive employees cannot help them to achieve that.

Options B and C - With local employees, it is challenging to achieve global operation, and focused differentiation is the selling of unique products to the customers. So, those are wrong answers.

Option D - With the help of differentiation strategy, companies seek effective manufacturing and productive employees to attract customers to take their products from the thousands of products in the market. Therefore, it is the correct answer.

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3 years ago

in a ____, a strategic manager can condense the strenght, weakness, opportunities, and threats into fewer than 10 strategic fact

luda_lava [24]

Answer:

Strategic Factors Analysis Summary (SFAS) Matrix

Explanation:

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3 years ago

Saturn Systems, an electronic goods manufacturer, sells its LED bulbs to Shockwave Enterprise, which in turn sells those bulbs t

AVprozaik [17]

Answer:

C. retailer

Explanation:

A retailer is a business entity that buys goods from manufacturers or wholesalers and sells them to the end-users. A retailer is, therefore, a middleman who helps customers acquire products from manufacturers.

There are several types of retailers classified according to their size and nature of business. Departmental stores are the largest retailers. They stock a wide range of products from electronics, jewelry, food items, furniture, clothing, to books, all under one roof. Other retailers include supermarkets, drugstores, restaurants, convenience stores, and discount stores.

Retailers make profits by buying goods at a wholesale or factory price and selling them at a higher retail price.

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3 years ago