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Answer:
Government resources
Explanation:
Factors of production are also known as inputs in the production process. They four in number and include land, entrepreneurship, capital, and labor.
- Land refers to the <u>natural </u>resources occurring beneath, above, and on earth's surface. They include minerals, fertile agricultural land, water, forests, air, gas, space for building, and many others.
- Capital refers to the resources required to start and run a business. It includes finances, technology, methodology, plants and machinery, among others.
- Labor is the human input in the production process. Human beings contribute skills, knowledge, energy, and time.
- Entrepreneurship is the mobilization and organization of all the other factors(land, capital, and labor) to start and run a successful business.
Answer:
identify those applicants that are most likely to succeed.
Explanation:
There are several reasons why companies carry out background checks, the most important ones are:
- safety and security purposes: e.g. convicted felons cannot work for certain industries that have direct relation with state and federal government levels, a bank will not hire an individual convicted of fraud, power plants will not hire someone convicted of terrorism, etc.
- evaluate the candidate's potential: by evaluating the candidate's character, fitness and even past mistakes, the company may be able to determine the professional potential of the candidate, e.g. someone who had excellent grades in grades can be considered to be very fit for a job, but if previous employment situation show that they cannot handle pressure or extra work, then their potential is limited.
Answer:
4.01 years
Explanation:
The computation of the discounted payback period is shown below;
Given that
Required rate of return is 8%
Cashflows: Year 0 = -50,000;
Year 1 = 15,000;
Year 2 = 15,000;
Year 3 = 20,000;
Year 4 = 10,000;
and Year 5 = 5,000
As we can see from the attached table that approx in 4 years it could cover $49,975
So
the discounted payback period is
= 4 years + ($50,000 - $49,975.91) ÷ $3,402.92
= 4.01 years
Answer:
False
Explanation:
Patricia Borstorff and her associates studied employee willingness to work overseas, i.e. to become expatriates. She found that a large percentage of expatriates suffered problems not only on foreign countries but most importantly at home once their assignment was finished.
Family dysfunction was one of the problems, but it wasn't the most severe one. Many expatriates felt that after coming back home their careers suffered, they felt undervalued and many times suffered depression.
Around 50% of expatriates leave their company after returning to the US within a 3 year period and only a few of those who remain at the company end up in a better position than before.