The first step in the human resources planning process is to <u>forecast future human resource needs. </u>
Answer:
A1) Salaries earned are $4,400 ($22,000 / 5) per day. So if the fiscal period ended on a Tuesday, the following records should be made:
- Dr Salaries Expense
8,800
-
Cr Salaries Payable
8,800
A2) If the fiscal period ends on a Wednesday, the following records should be made:
- Dr Salaries Expense
13,200
-
Cr Salaries Payable
13,200
B1) If the amount of insurance expired during the year is $5,300, the following record should be made:
Dr Insurance Expense 5,300
Cr Prepaid Insurance 5,300
Answer: Differentiation strategy
Explanation:
Differentiation strategy is a strategy that differentiate a product or service, from other identical products that are offered by competitors in the market. Differentiation is development of a good or service, which is unique for customers, in terms of features, product design, quality, brand image, or customer service.
Differentiation strategy is one of the three Porter’s Generic Strategy. In this strategy, firms pick one or more dimensions that are considered to be vital by the consumers thereby creating a unique image in the market.
The use of mobile banking application will ease the traditional method of banking and makes the bank standout.
Answer:
1. Stagflation.
2. $110;$110
Explanation:
Stagflation can be defined as a short-run economic outcome resulting from the increase in production costs.
Supposing the government decides not to take any action in response to the short-run economic impact of the higher oil prices. In the long run, when the government does nothing, the output in the economy will be $110billion and the price level will be $110.
Hence, resulting in an equilibrium price in the economy.
"All employees must be at their work stations and ready to work by the time the buzzer sounds." this is an example of rule. Rules are a must in order to manage employees in the workplace effectively . If rules are <span>correctly implemented and executed both sides (the business/company and the employees ) will be satisfied and successful. </span>