Empowering employees means to provide the training, tools, resources, motivation, and encouragement you workers need to perform at an exceeding level. It is important because it help employees build confidence and a better working community.
Companies that use job-order costing make unique products.
<h3>What is job-order costing?</h3>
Job order costing can be defined as a costing method that is used to calculate the cost of each unique item produce or the cost of producing each unique product that is different from the ones in the market.
Example companies can make use of job-order costing when they produce a unique bag or shoe for their customer.
Since this product they produce for this customer is unique, the manufacturer can tend to use job order costing to determine the price or selling price they will to charge the customer.
A company can use a job order cost method if it produce products with unique characteristics.
Inconclusion companies that use job-order costing make unique products.
Learn more about job-order costing here: brainly.com/question/24516871
Answer: increases the social cost above the private cost
Explanation:
An external cost occurs when the production or consumption of a good or service imposes a cost i.e a negative effect upon a third party who isn't involved in the consumption or production decision.
The increase in the travel time of other drivers on the highway which is caused by Monique's decision is an external cost. If there are external costs in the consumption of a good, it is refered to as negative externalities and the social costs will be higher than the private cost.
Answer:
the Fed lowers interest rates during recessions and raises them during economic booms
Explanation:
Countercyclical monetary policy is a monetary policy used to work against any cyclical tendencies in order to slow down the economy when it is booming, and to stimulate economic activity then there is a recession.
Example of such policy is therefore a reduction of interest by the Fed during recessions and an increase of interest rate when there are economic booms.
Answer:
$2.90 approx
Explanation:
The computation of firm’s cash dividend be in seven years
First we need to find out the
Growth Rate = (Last Dividend ÷ Dividend 4 years ago)^(1 ÷ 4) - 1
= ($2.36 ÷ $1.73)^(1 ÷ 4) - 1
= $1.36^0.35 - 1
= 1.113624092 - 1
= 0.113624092
= 11.36%
Now we calculate for 5 years
Dividend in 5 years = $2.36 × 1.113624092
= $2.628
and Dividend in 7 Years = Dividend in 5 years × (1 + 5%)^2
= $2.628 × 1.05^2
= $2.628 × 1.1025
= $2.90 approx
