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3 years ago

The article said that experienced workers’ wages often rose? Why would this be so, and what

Business

1 answer:

denpristay [2]3 years ago

7 0

<u>Explanation:</u>

It is true that the experienced workers are skilled workers so they complete the work quickly and efficiently when compared to the less experienced workers. Also the workers with experience have the ability to train the employees with less experience. Experienced workers do more work and they are more productive than less experienced workers so they receive higher wages.

Less experienced workers possess less skills so they are also paid less. training the workers is also a cost to the company so they pay less wages to inexperienced workers.

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Assume a domestic company in the US, let's say Colgate-Palmolive, is deciding to export to a country where to date Colgate produ

MrMuchimi

Answer:

agent method of entry

Explanation:

Agent method of entry will demonstrate lower fixed costs associated.

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3 years ago

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Distributive, procedural, and interactional are

Jet001 [13]

Answer:

Organizational justice

Explanation:

Organizational justice concerns employees' understanding of fairness, results, and processes within a company. Distributive, procedural, and interactional are the three types of organizational justice that companies must embrace in order to have happy and productive employees.

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3 years ago

Below is information from the financial statements of Greenwich Company: Accounts receivable (net) 2016: $2,400 Accounts receiva

ra1l [238]

Answer:

32.44 days

Explanation:

The computation of the average collection period is shown below:

But before that we have to determine the account receivable turnover ratio

So, the account receivable turnover ratio is

= (net sales) ÷ (average of account receivables)

= $25,875 ÷ ($2,400 + $2,200) ÷ 2

= $25,875 ÷ $2,300

= 11.25 times

Now the average collection period is

= Total no of days in a year ÷ account receivable turnover ratio

= 365 ÷ 11.25

= 32.44 days

We assume that the no of days that should be considered is 365 days

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3 years ago

How have newer work models made the workplace more efficient?

Lelu [443]

Explanation:

Don't be Afraid to Delegate. While this tip might seem the most obvious, it is often the most difficult to put into practice. ...
Match Tasks to Skills. ...
Communicate Effectively. ...
Keep Goals Clear & Focused. ...
Incentivize Employees. ...
Cut Out the Excess. ...
Train and Develop Employees. ...
Embrace Telecommuting.

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3 years ago

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At the beginning of the year, Monroe Company estimates annual overhead costs to be $2400000 and that 300000 machine hours will b

Neko [114]

Answer:

Allocated MOH= $252,000

Explanation:

Giving the following information:

Estimated overhead= 240,000

Estimated machine hours= 300,000

Actual machine hours for the year were 315000 hours.

First, we need to calculate the estimated overhead rate:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 240,000/300,000= $0.8 per machine hour

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 0.8*315,000= $252,000

3 0

3 years ago