Around 12 then they send a letter home
Answer:
The value after seven years from now is $231,216.29
Explanation:
The computation of the expected value would be seven years from now is shown below:
Here we use the future value formula i.e. shown below:
Future value = Present value × (1 + interest rate)^number of years
= $188,000 × (1 + 0.03)^7
= $188,000 × (1.03)^7
= $231,216.29
Hence, the value after seven years from now is $231,216.29
The survey done by Apex Corporation
on its consumers to find out how they view the similarities and dissimilarities
among relevant product attributes for a set of competing brands is an example
of PRODUCT POSITIONING RESEARCH. The main aim of a Product Positioning Research
is to understand the position of a product or a brand in comparison to a competing
product or brand.
Answer:
C. Job specialization
Explanation:
Employees boredom is one of the disadvantages of job specialization
Job specialization: This can be defined as a situation where an employee focuses on a particular skills or job position in order to become an expert.
Job specialization is as a result of division of labor. Division of labor is the sharing of roles or functions among employees in a firm so as to Improve productivity.
When a particular role is assigned to an employee for a long period of time, the employee becomes an expert as a result of that.
Advantages of job specialization
• Workers produce more when they occupy a specific role.
• Job specialization leads to time saving in production because employees have become masters in their role
• More expertise is developed through job specialization
Disadvantages of job specialization
• Continuous performance of a particular role might lead to boredom of the employee
• There is fear of job security for the workers. They often wonder what will happen if a firm finds a replacement for them.