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3 years ago

Why is it more likely that employee referral programs are effective and successful?

Business

1 answer:

777dan777 [17]3 years ago

7 0

Answer:

Explanation:

These programs are usually effective and successful because the current employees that provide for this program tend to be the more highly efficient employees in the company and they tend to recruit individuals who they personally know as responsible and qualified. This therefore not only brings in qualified candidates but also saves the company money on recruiters and trainers, since the employee themselves can train the new recruit.

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Country A has great expertise in the production of planes and produces a large quantity of planes while country B has expertise

Shkiper50 [21]

Answer:

Explanation:

A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.

A company has absolute advantage in the production of a good or service if it produces more quantity of a good when compared to other countries

Allocative efficiency occurs in efficient markets when goods, services or capital are distributed in a way that is efficient to all the parties involved.

When countries trade in the goods for which they have a comparative advantage in its production, all the parties in the trade gains

3 0

3 years ago

The Sisyphean Company is planning on investing in a new project. This will involve the purchase of some new machinery costing $4

saul85 [17]

Answer:

21%

Explanation:

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator

Cash flow in year 0 = $-400,000.

Cash flow in year 1 - 4 = $157,452.975

IRR = 21%

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.

4 0

3 years ago

Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor-hours. At the beginning

wolverine [178]

Answer:

$6.7 per direct labor hour

Explanation:

Given:

Direct labor-hours = 20,000

Fixed manufacturing overhead cost = $94,000

variable manufacturing overhead = $2.00 per direct labor-hour

Actual manufacturing overhead cost for the year = $123,900

Actual total direct labor = 21,000 hours

Now,

Total Estimated Manufacturing Overhead

= 94000 + ( 2 × 20000 )

= $134,000

And,

Predetremined Overhead Rate = $\frac{\textup{Estimated Maufacturing Overhead}}{\textup{Estimated Direct Labor Hours.}}$

Predetremined Overhead Rate = $\frac{\textup{134,000}}{\textup{20000}}$

Predetremined Overhead Rate = $6.7 per direct labor hour

5 0

3 years ago

On January 1, 2016, Brian's stock portfolio is worth $100,000. On September 30, 2016, $5,000 is withdrawn from the portfolio, an

defon

Answer:

1.93%

Explanation:

The time weighted rate of return will be computed by combining the return at every time period demarcated by a withdrawal/addition.

Time 1: Jan 1, 2016 to Sep 30, 2016

start value = 100,000; end value = (105,000+5,000) = 110,000

Return = $\frac{110,000}{100,000}=1.1$

Time 2: Sep 30, 2016 to Sep 30, 2017

start value = 105,000; end value = 108,000

Return = $\frac{108,000}{105,000}=1.028571$

Time 3: Sep 30, 2017 to Dec 31, 2017

start value = (108,000 + 3,000) = 111,000; end value = 100,000

Return = $\frac{100,000}{111,000}=0.900901$ .

Therefore, time weighted return

= (1.1 * 1.028571 * 0.900901) - 1

= 0.019305

= 1.93%.

3 0

3 years ago

Alzania produces and consumes 500,000 tons of cotton during a year. Reports indicate that Alzania's neighbor, which also emplo

Rama09 [41]

Answer:

The answer is: E) workers in Alzania have higher productivity due to better education and training.

Explanation:

Alzania and its neighbor both produce cotton and they both have the same amount of workers in the production of cotton. If Alzania is able to produce more cotton (or any type of product) using the same amount of resources (in this case labor) than its neighbor, we can conclude that Alzania does have an absolute advantage in that industry.

This absolute advantage exists because Alzania's workers are more productive than their neighbor's workers.

For example, lets say both countries have 5,000 cotton workers. Alzania produces 100 tons of cotton per worker, while its neighbor only produces 80 tons of cotton per worker. That means Alzania's workers are more productive, and labor usually gains productivity through education or training.

4 0

3 years ago