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hodyreva [135]
3 years ago
12

Although Costco pays its employees substantially more than its closest competitor, Sam’s Club, it has similar financial returns

on its labor costs due to which of the following?
a. lower turnover and higher levels of productivity
b. higher turnover and higher levels of employee productivity
c. promotion-from-within policies and better benefits
d. a larger part-time workforce
Business
1 answer:
yuradex [85]3 years ago
8 0

Although Costco pays its employees substantially more than its closest competitor, Sam’s Club, it has similar financial returns on its labor costs due to lower turnover and higher levels of productivity

Option A

<u>Explanation: </u>

While Costco costs its workers slightly more than its closest competitor, Sam's Club, Costco pays higher prices in order to recruit more professionals and to provide better customer service due to lower turnover and a similar financial return.

Direct costs involve wages for staff making a product and employees on the production line, while indirect costs apply to assistance, such as employees repairing factory equipment.

When labor costs are wrongly distributed or measured, the price of goods or services may be changed from their actual costs and profits from losses.

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The labor-force participation rate is? a. 47.1 percent. b. 50.2 percent. c. 65.9 percent. d. 70.2 percent.
il63 [147K]

The labor-force participation rate is 70.2 percent
therefore the correct option is D

What is Labor force?
The labor force is made up of both employed people and unemployed people, and the unemployment rate is calculated by dividing the number of jobless people by the total labor force. If a person works for compensation or runs their own business for at least an hour any day of the week, including the twelfth of the month, they are regarded to be employed. If a person works for compensation or runs their own business for at least an hour any day of the week, including the twelfth of the month, they are regarded to be employed. In a family-run firm, individuals who put in at least fifteen hours of unpaid work are also regarded as employees. Employed people include those who are temporarily away from their work due to a vacation, illness, inclement weather, or other personal reasons. Those who worked full-time (35 hours or more during the survey week) and those who worked part-time are both considered to be in the employed category.

To learn more about Labor Force
brainly.com/question/24939447

#SPJ4

Complete Question
The labor-force participation rate is? a. 47.1 percent. b. 50.2 percent. c. 65.9 percent. d. 70.2 percent, e. none of the above

4 0
2 years ago
Which one of the following is NOT a real option? The option to buy shares of stock if its price is expected to increase. The opt
puteri [66]

Answer:

The answer is: The option to buy shares of stock if its price is expected to increase.

Explanation:

A <em>"real option"</em> in management is: a choice managers can take concerning business investment opportunities. <em>Real options</em> usually involve tangible assets (machinery, buildings, inventory, land, etc.) but not financial instruments or stocks.

So the buying or selling of stocks aren´t considered <em>real options</em> in business management.

4 0
3 years ago
Golden Eagle Company prepares monthly financial statements for its bank. The November 30 and December 31 adjusted trial balances
denis23 [38]

Answer:

Explanation:

The adjusting entries are shown below:

1.  Supplies Expense A/c Dr $3,000 ($2,000 + $4,500 - $3,500)

         To Supplies A/c                           $3,000

(Being supplies purchased)

2. Insurance Expense A/c Dr $2,000

       To Prepaid Insurance A/c              $2,000

(Being prepaid insurance adjusted)

3. Salary expense A/c Dr $16,000

      To salary payable A/c               $16,000

(Being salary adjusted)

4. Unearned revenue A/c Dr   $1,500

       To Service revenue A/c                  $1,500

(Being unearned revenue adjusted)

7 0
3 years ago
A local chamber of commerce plans a seminar on ""the social responsibility of business in our community. "" what does the term r
Mashcka [7]

A local Chamber of Commerce plans a seminar on “the social responsibility of business in our community.” What does that term reference?

( The expectations that the community imposes on firms doing business inside its borders.) correct answer of your question ✅
8 0
2 years ago
A firm that sells​ e-books - books in digital form downloadable from the Internet​ - sells all​ e-books relating to​ do-it-yours
vampirchik [111]

Answer:

Profit maximizing price of the firm = 50 cents

Average total cost of e-book = $10.5

Explanation:

As per the data given in the question,

Maximum annual profit = $35,000

It sells = 15,000 copies

Expense rate = 50 cent

Company must spend = $150,000

Here, Profit maximizing price of the firm = marginal cost (Expense rate)

So, Profit maximizing price of the firm = 50 cents

As per the following formula,

Average total cost = Total cost ÷ Quantity of output

= ((0.5 × 15,000) + $150,000) ÷ 15,000

= $10.5

6 0
3 years ago
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