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Zolol [24]
4 years ago
12

If country abc can produce a unit of good 1 with fewer resourceswith fewer resources than can country​ xyz, it is correct to say

that country abc
Business
1 answer:
Sliva [168]4 years ago
5 0
Country ABC shows that it has ABSOLUTE ADVANTAGE over Country XYZ. 

The absolute advantages is proven when Country ABC was able to produce a unit of good 1 with fewer resources than Country XYZ.

Absolute advantage is different from comparative advantage. 

Comparative advantage deals with opportunity cost. If a country is able to produce goods at lower opportunity cost than its trading country, then, it has comparative advantage.
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During which of the following Project Schedule Management processes does the team estimate the number of work periods that will
lyudmila [28]

Answer:

Work Breakdown Structures

Explanation:

A Work Breakdown Structure is the process of breaking down the work into smaller, more manageable components. The elements at the lowest level of the Work Breakdown Structures are called tasks.

Furthermore, A work-breakdown structure in project management and systems engineering, <u>is a deliverable-oriented breakdown of a project into smaller components.</u> A work breakdown structure is a key project deliverable that <u>organizes the team's work into manageable sections.</u>

Hence, the estimate the number of work periods that will be required to complete a schedule activity, usually expressed as workdays or work weeks, will be in a work breakdown structure.

3 0
3 years ago
1. Explain why businesses pay overtime rates rather than employ more workers on the lower standard wage rate?
Alex Ar [27]

Answer:

Executive Summary

The labor market continues to recover, but a stubbornly high rate of underemployment persists as more than five million Americans are working part-time for economic reasons (U.S. BLS 2015a; 2015b). Not only are many of this type of underemployed worker, by definition, scheduled for fewer hours, days, or weeks than they prefer to be working, the daily timing of their work schedules can often be irregular or unpredictable. This both constrains consumer spending and complicates the daily work lives of such workers, particularly those navigating through nonwork responsibilities such as caregiving. This variability of work hours contributes to income instability and thus, adversely affects not only household consumption but general macroeconomic performance.

The plight of employees with unstable work schedules is demonstrated here with new findings, using General Social Survey (GSS) data. These findings (as well as key findings from other research) are highlighted below.

Irregular scheduling

About 10 percent of the workforce is assigned to irregular and on-call work shift times and this figure is likely low.1 Add to this the roughly 7 percent of the employed who work split or rotating shifts and there are about 17 percent of the workforce with unstable work shift schedules.

Six percent of hourly workers, 8 percent of salaried workers, and 30 percent of those paid on some other basis work irregular or on-call shifts. Adding in split or rotating shifts, the shares working unstable work schedules are 16 percent (hourly), 12 percent (salaried) and 36 percent (other).

By income level, the lowest income workers face the most irregular work schedules.

Workers paid under $22,500 per year are more likely to work on irregular schedules than workers in the income bracket above that (workers in the latter bracket who are salaried would be just above the current salary minimum threshold for assured FLSA overtime coverage).

Irregular shift work is associated with working longer weekly hours.

By occupation type, about 15 percent of sales and related occupations have irregular or on-call schedules.

By industry, irregular scheduling is most prevalent in agriculture, personal services, business/repair services, entertainment/recreation, finance/insurance/real estate, retail trade, and transportation communications.

Estimates of the proportion of the workforce with “variable hours,” in terms of not being able to specify a “usual” workweek (according to Current Population Survey, not GSS data), are remarkably consistent—almost 10 percent of workers overall. Being part-time more than doubled the likelihood of having hours that vary weekly. The share with variable workweeks also is higher in certain occupations and industries, such as sales, and lower in others, such as professional, managerial, and administrative support. Also, the prevalence is reduced for union members, married workers, government employees, whites, men, and workers with a higher level of education.

Nearly half of workers (45 percent) surveyed by the International Social Survey Program said that their “employer decides” their work schedule. Only 15 percent perceived that they were “free to decide” their work schedule. The remaining 40 percent felt they could “decide within limits.” This conforms to another study of “early career” workers; just under half of hourly early career workers surveyed in the National Longitudinal Study of Youth said they have their daily start and end times of work decided entirely by their employer, without their input.

Irregular scheduling and outcomes

Employees who work irregular shift times, in contrast with those with more standard, regular shift times, experience greater work-family conflict, and sometimes experience greater work stress.

Less than 11 percent of workers on “regular” work schedules report “often” experiencing work-family conflict in contrast with as many as 26 percent of irregular/on

8 0
3 years ago
Read 2 more answers
For each of the following accounts, indicate the effect of a debit or credit on the account and the normal balance. Debit Effect
salantis [7]

Answer:

                                             Debit  Credit  

A Bonds payable                    Decrease Increase  

b. Unearned Service Revenue Decrease Increase  

c. Depreciation Expense      Increase Decrease      

d. Common Stock                    Decrease Increase  

e. Buildings.                            Increase Decrease  

f. Rent Revenue.                   Decrease Increase  

 

Explanation:

Debit  Credit  

A Bonds payable Decrease Increase  

Bonds payable are a form of long term debt usually issued by corporations, hospitals, and governments.    

b. Unearned Service Revenue Decrease Increase  

Unearned Service Revenue is a liability account that is used to record advanced collections from clients. In other words, it pertains to revenue already collected but the service has not yet been rendered    

c. Depreciation Expense Increase Decrease  

Depreciation expense is the amount of depreciation that is reported on the income statement.    

d. Common Stock Decrease Increase  

Common stock is a security that represents ownership in a corporation.    

e. Buildings.  Increase Decrease  

A building, or edifice, is a structure with a roof and walls standing more or less permanently in one place, such as a house or factory    

f. Rent Revenue. Decrease Increase  

Rent Revenue is the title of an income statement account which (under the accrual basis of accounting) indicates the amount of rent that has been earned during the period of time indicated in the heading of the income statement.    

7 0
3 years ago
Corporate executives realize that if they can establish ideological outposts in the minds of people, they can use those outposts
max2010maxim [7]
Defuse popular opposition to corporate policies and products.
4 0
2 years ago
Lucy Farms Gourmet Bread Base is the brand name for a mix designed for use in bread machines. The mixes are sold in 2-pound cani
GalinKa [24]
The answer is b market
3 0
3 years ago
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