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3 years ago

Which of the following statements is true of training?

Business

1 answer:

jeka57 [31]3 years ago

3 0

Answer:

b. It is important to realize that for training to be effective, both learning and transfer of training are needed.

Explanation:

Training is an educational process which involves the sharpening of skills, concepts, changing of attitude and gaining more knowledge to enhance the performance of the employees.

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A company that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the lab

Semmy [17]

Answer:

A. Compute labor productivity under each system. Use carts per worker per hour as the measure of labor productivity.

old system = 70 carts / 6 workers = 11.67 carts per worker
new system = 76 carts / 5 workers = 15.2 carts per worker

B. Compute the multifactor productivity under each system. Use carts per dollar cost (labor plus equipment) as the measure.

old system = 70 carts / ($108 + $30) = 0.51 carts per dollar
new system = 76 carts / ($90 + $41) = 0.58 carts per dollar

C. Comment on the changes in productivity according to the two measures.

The new system is more productive and efficient since it uses less workers to produce a higher output. The additional costs of implementing the new system are lower than the cost of employing more workers.

Explanation:

Multi factor productivity = total output / (cost of wages + material cost + overhead cost)

8 0

4 years ago

What is likely to be the role of agri-<br> culture in a traditional economy?

beks73 [17]

Answer:

The traditional economies do depend on agriculture, fishing, hunting, gathering, or any combinations. They usually barter instead of using money. Most traditional economies work in emerging markets and developing countries. They are often in Africa, Asia, Latin America, and the Middle East.

4 0

3 years ago

Which of the following is a disadvantage of partnerships compared to sole proprietorship

Vanyuwa [196]

Answer:

C.It is sometimes difficult for partners to agree on every business decision.

Explanation:

In partnerships, the company is owned by several people who held the status as 'Partners'. Everytime the company wants to make a decision, they need to ensure that the majority of these 'partners' agree on the decision. Often time, problem might occurs if the partners have different ideas on how the company should be operated.

In sole proprietorship, only one person held the position as the owner. This mean that the person has full authority in determining the type of decision that should be implemented for the business.

6 0

3 years ago

Personal selling is: Group of answer choices the preferred method for placing nonpersonal promotions for a company and/or its pr

svlad2 [7]

Answer:

the two-way flow of communication between a buyer and a seller, designed to influence a person's or group's purchase decision.

Explanation:

Personal sales is, in plain terms, where companies use individuals to market the commodity after interacting with the consumer eye to eye. The dealers embrace the commodity by their experience of attitude, presentation and professional service. They target at educating and motivating customers to purchase the drug, or at minimum to try it.

Thus, from the above we can conclude that the correct option is c.

3 0

3 years ago

Read 2 more answers

Grouper Inc. has completed the purchase of new Dell computers. The fair value of the equipment is $675,803. The purchase agreeme

Maslowich

Answer:

The interest rate, to the nearest percent, used in discounting this purchase transaction 8%.

Explanation:

The interest rate can be calculated using the following RATE function in Excel:

Interest rate = RATE(nper,pmt,-pv,fv,type)*n .............(1)

Where;

nper = number of periods = number of years to maturity * number of semiannual in a year = 5 * 2 = 10

pmt = semiannual payments = $63,101 = 63101

pv = present value = fair value balance = fair value - immediate down payment = $675,803 - $164,000 = $511,803 = 511803

fv = future value = desired cash balance after last payment = 0

type = when payments are due (0 = end of period. 1 = beginning of period) = 0

n = number of compounding period per year = number of semiannual in a year = 2

Substituting the values into equation (1), we have:

Interest rate = RATE(10,63101,-511803,0,0)*2 .................. (2)

Inputting =RATE(10,63101,-511803,0,0)*2 into an excel sheet (Note: as done in the attached excel file), the Interest rate is obtained as 8.00%.

Therefore, the interest rate, to the nearest percent, used in discounting this purchase transaction 8%.

Download xlsx

6 0

3 years ago