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mixas84 [53]
2 years ago
7

John worked in a manufacturing job building car engines. Over time, this work was increasingly performed by machines, and manufa

cturing jobs became scarcer and paid less. John and his family were once comfortably middle class, but technology changed his job and his factory was shut down. What kind of mobility did John experience?
Business
1 answer:
Neko [114]2 years ago
7 0

Answer: Structural Mobiility

Explanation:

Structural Mobiility can be described as changes that enable a whole group of people to either move up or down the economic class ladder.

Structural mobility is attributed to the changes in society or company as a whole, not just personal changes.

The changes done in John's illustration is a social change where a job that can be performed by humans are now performed by robots.

This change negatively affected John and his manufacturing company thereby bringing down John in the economic ladder as he moved down from the Middle class to a lower social class.

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What is the present value of receiving $100 investment two years from now at a 10 percent annual discount rate
guapka [62]

Answer: $121

Explanation:

The question simply wants us to find the present value of receiving $100 investment two years from now at a 10 percent annual discount rate.

This can be easily solved as follows:

For the first year, the $100 will be worth:

= $100 + ($100 × 10%)

= $100 + ($100 × 0.1)

= $100 + $10

= $110

The worth at the end of the second year will then be:

= $110 + ($110 × 10%)

= $110 + $11

= $121

8 0
3 years ago
When a company is able to expand its operations by exporting globally, it can often achieve greater economies of scale which res
gogolik [260]

When a business is able to grow by exporting its products around the world, it can frequently attain larger economies of scale, which leads to reduced unit costs.

A company's production unit cost often goes down as it grows. This reduction is the result of economies of scale. By employing the least expensive production techniques, profits will be maximized.

Consumers' prices are lowered as a result of lower cost-per-unit, which increases their real wages overall and makes it easier for them to locate affordable goods.

Businesses from one country offer their goods and services to clients or consumers in another country through the exporting process.

When a company produces more goods at a larger scale while paying less money on average per unit of output, this is a phenomenon known as economies of scale.

Learn more about economies of scale here:

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8 0
8 months ago
Glebe Company accepted a credit card account receivable in exchange for $1,100 of services provided to a customer. The credit ca
zimovet [89]

Answer:

Account receivable balance = $1,100 - ($1,100* 5%)

Account receivable balance =$1,100 - $55

Account receivable balance = $1,045

Date    Account Title        Debit       Credit

           Cash Account      $1,045

                 To Accounts receivable  $1,045

7 0
3 years ago
Discuss the advantages and disadvantages of an optimized supply base. How can a buyer overcome the disadvantages?
Helga [31]

Rationalization, a strategic initiative as well as methods to first decrease static or restricted-use providers begins to enable sustainable supply baseline optimization, which is termed as Supply base optimization.

<u>Some advantages of an Optimized supply base are provided below</u>:

  • Cost efficiency.
  • Enhance output.
  • Better Collaboration.
  • Identify problem areas with ease.
  • Prevention of delays.

<u>Some advantages of an Optimized supply base are provided below</u>:

  • Lack of Reliability.
  • Complicated.
  • Co-ordination vacuum between organizations.
  • Trained and personalized personnel are required.
  • Cost of execution.

<u>A buyer can overcome the disadvantages by the following point</u>:

  • Your Emergency Strategy is referred to.
  • Creating open communication channels.
  • Ensure the level of customer satisfaction.

Learn more about optimized supply base here:

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7 0
3 years ago
Guysss i need helpppp<br> what color is a carrot plzzzzzz this teacher is on my a.ss about it
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Answer:

BLUE Hope this helps :)))))

Explanation:

............

7 0
3 years ago
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