The factors that affect the level of wages are skills and abilities, the size of the labor pool, and the actions of labor unions. therefore, these options are correct statements.
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How do you determine the level of wages?</h3>
Wages are decided through supply and demand, however, they may be stimulated through a huge form of factors, inclusive of the fee of living in a specific area, the presence of a union, and the modern-day minimal wage.
Pay prices additionally range through gender, race, training degree, and talent degree of the workforce.
Thus, the correct options are skills and abilities, the size of the labor pool, and the actions of labor unions.
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Answer:
1,333.33
Explanation:
Labor productivity is measures the hourly output of a country's economy. Specifically, it charts the amount of real gross domestic product (GDP) produced by an hour of labor.
total labor hours = 25milion x 36 hours per week
= 900 million
labor productivity = GDP ÷ total labor hours
labor productivity = $1,200 billion ÷ 900 million
$1,333.33 per hour
Answer:
$4,228,125
Explanation:
The computation of the included amount is shown below:
= Estimated production in a next year × required direct labor per hour × labor rate per hour
= 75,000 units × 4.1 hours × $13.75 per hour
= $4,228,125
We simply multiplied the estimated production with the required direct labor per hour and the labor rate per hour so that the estimated value can arrive
Answer:
Please find the complete question in the attached file.
Explanation:
In order to study the impact on five forces and thereby decipher an offensive or defense strategy to stay competitive and maintained, management must employ a prototyping approach as Porters 5 Headed framework. Samsung, for example, should adopt a great combination because of its subsequent globalization.
Providers' bargaining power — In this industry, several companies offer low-cost services, which indicates the suppliers have much less bargaining energy.
Consumers' trading strength - Since Hyundai either works in a totally competitive environment or an oligopolistic marketplace across the globe.
The threat of new entries – The risk is significantly greater because new entries from low-cost China carriers can eat Samsung share since they are tax- and licensing-friendly.
The danger of competing among established businesses - That's also relatively significant because profits are thin and innovative developments are continually making the industry as a whole and tough.
Barriers to business – The biggest barriers are an initial investment, high marketing, and distribution expenses, and constant innovation.
Answer:
Debit Credit
Trade payable $300
Cash $300
Explanation:
First we have to reverse the wrong journal entry which has been made by the inexperienced bookkeeper in the Adams Company accounts:
Debit Credit
Trade payable $300
Cash $300
Now we have to record the correct journal entry in the accounts of Adam Company in respect of account settlement with supplier which is given as follow:
Debit Credit
Trade payable $300
Cash $300
