The year 2020 had a big impact on the economy due to the global pandemic, also having an impact on the annual income of families, so if your father or mother, for example, receive fixed salaries and tips, they probably felt the impacts of the economic recession.
<h3>
</h3><h3>How the pandemic affected the economy
</h3>
The rates of infection by the virus and mortality generated a scenario of insecurity that led to a public decision to stop consumerism in order to restrict resources and be able to adopt an effective strategy in a period of great uncertainty.
Therefore, with the measures adopted by the government, such as social isolation, many companies stopped producing, closed for a while and were unable to survive without generating profits.
The impact of the pandemic then led to an economic downturn in several countries and caused thousands of people to lose their jobs or businesses.
To change this scenario, it is necessary to implement public policies with strategies to create jobs, reduce bureaucracy, invest and encourage industry.
Find out more information about public policies here:
brainly.com/question/2595599
Answer: Request a meeting with Betty, the previous manager
Explanation:
When assuming a role in an organization it's best to get in touch with the previous manager or head of the department you want to assume and get to know how the office was ran before now that you're about to take over the position. This gives you a platform or a ground on which you as the new manager can work on or work with.
The first priority Mike should look into is meeting with the previous manager, Betty, so she can give him guidance and information
B. an integrated and coordinated set of commitments and actions the firm uses to gain a competitive advantage by exploiting core competencies in a specific product market.
Lynch Company manufactures and sells a single product. The following costs were incurred during the company's first year of operations:
Variable costs per unit:
Manufacturing:
Direct materials $ 6
Direct labor $ 9
Variable manufacturing overhead $ 3
Variable selling and administrative $ 4
Fixed costs per year:
Fixed manufacturing overhead $ 300.000
Fixed selling and administrative $ 190.000
During the year, the company produced 25,000 units and sold 20,000 units. The selling price of the company's product is $50 per unit.
The four steps of writing an income declaration are: to identify sources of sales, in addition to profits from investments, for an instance pick out business enterprise prices and losses incurred over the same period. Consolidate sales, charges, profits, and losses by means of category, payee, or some other factor.
Learn more about Income statements here:-brainly.com/question/1798830
#SPJ4
