Answer:
Economic factors directly impact business and are essential factors that can help or impede the organisation in accomplishing its targets. Financial factors that ordinarily influence organizations to incorporate wages, loan and banking transactions. Overall, micro and macroeconomic both factors play a crucial role in predicting and forecasting business dealings and there long-term stability and growth.
Explanation:
Some of the significant economic factors that influence businesses directly are exchange rate, interest rate, unemployment rate, inflation rate, monetary policy, fiscal policy, taxes and many other micro and macro variables factors undertake a critical job in assessing how the business will perform in long- run and how much profits they will make.
Interest rate directly affects the loan ratio, which is linked with banking transactions. Those businesses which are associated with banks and rely heavenly on taking out large loans are affected by the economic decision regarding interest rate fluctuations. The exchange rate has diverse effects of business; however, they significantly affect business which is linked with import and exports. Changing exchange rates may influence how a lot of an organization needs to pay to its global partners to fulfil them, which can influence overall revenues.
Taxes are an essential element of fiscal policies of the government which affect business, and usually, organisations make decisions by predicting next year’s fiscal policy. Increase in taxes negatively affects the revenue generation of businesses, and it affects their profitability. On the other hand, an increase in the gross domestic product (GDP) of a country positively affect businesses, and it helps businesses to go domestically, and globally it provides locals with job opportunities and more wealth generation for businesses. Furthermore, economic policy is also strongly linked with another all factors and play a vital role in overall business growth or decline in a country. In general, economics is an essential factor which can influence organizations. Although they relate to the economy on a broader scale, they significantly affect the inward activities of every business and organization.
Answer:
Human resources.
Explanation:
Human resources. are the employees who work for a business
Answer:
B) The country club style
Explanation:
Based on the scenario being described within the question it can be said that the leadership style being used is known as the country club style. This style focuses on showing most concern for employees and less concern for production processes, with the main idea that if individuals are happy with their job position then they will work harder which will in term, increase production.
Answer:
the payback period = 4.86 years
Explanation:
Seattle's cash flows are as following:
Year Cash flow Accumulated cash flows
0 -$150,000 -$150,000
1 $30,000 -$120,000
2 $30,000 -$90,000
3 $30,000 -$60,000
4 $30,000 -$30,000
5 $35,000 $5,000
6 $35,000 $40,000
etc.
The payback period is between year 4 and 5:
- 4 years + ($30,000 / $35,000) = 4.86 years or
- year 4 + [($30,000 / $35,000) x 365 days] = 4 years and 313 days
Answer:
1.88% and $1,339
Explanation:
The computation of the amount of change revenue is shown below:-
Amount of change revenue = Recent year - prior year
= $72,618 - $71,279
= $1,339
Percentage of change revenue = (Recent year - prior year) ÷ Prior years
= ($72,618 - $71,279) ÷ $71,279
= $1,339 ÷ $71,279
= 1.88%
We simply applied the above formulas
