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Lelechka [254]
3 years ago
10

EFG Company experienced a reduced demand for its products during a recession. EFG managers were considering laying off some work

ers when the personnel director said, "Let's not lay off these workers. If we do, our unemployment insurance premiums will increase. The state considers employment stability when determining our premium." Considering the firm's employment record when determining the rate to charge for unemployment insurance is calledA) experience rating.B) class rating.C) schedule rating.D) retrospective rating.
Business
1 answer:
Yuliya22 [10]3 years ago
7 0

Answer:

A) experience rating.

Explanation:

In Insurance, An experience rating is a rating method used by the insurance company to calculate workers' compensation insurance and to determine the amount of loss that an insured party experiences compared to the amount of loss that similar insured parties experienced.

EFG Company's managers could use it to calculate their experience modification factor i.e premiums up or down.

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A survey of 50 retail stores revealed that the average price of a microwave was $375, with a sample standard deviation of $20. A
g100num [7]

Answer:

(D) $369.31 to $380.69

Explanation:

The formula is x ± t (s/√n)

x = 375

t = 2.010

s = 20

n = 50

Then,

375 ± 2.010 (20/√50)

= 375 ± 5.69

8 0
4 years ago
How have the division and coordination of labor evolved at Merritt’s Bakery from its beginnings to today? 2. Describe how the sp
aniked [119]

Answer:

When Larry and Bobbie first opened the bakery, labour allocation was not as complicated, but only 2 of them were involved. Larry used to make the cupcakes, and Bobbie used to decorate them to create them seem nice. Merritt's then went on to commit and administer the firm instead of executing tasks, which they used to perform on a daily basis since there were administrators, sales associates, and marketers.

When the firm began to grow, there was a command structure in place, with employees reporting directly to Larry as well as Bobbie. Merritts began recruiting additional executives as the business's effectiveness began to deteriorate as the firm grew, and management was constricted. When new employees joined the leadership team only a few people used to notify Larry and Bobbie.

4 0
3 years ago
Darl is in charge of facilities management at his company. He also believes in helping the environment. He knows the company can
Gelneren [198K]

Answer:

Business Proposal

Explanation:

The CEO and the board wants Darl to write up the plan along with the budget and how he will use the time of the employees, it is also known as the Business Proposal. As business proposal is a document which is in written form and it is sent to a prospective client so that to obtain a specific or particular proposal.

3 0
3 years ago
Jacobs Company has inventory of 15 units at a cost of $12 each on June 1. On June 5, Jacobs purchased 10 units at $13 per unit.
vekshin1

Answer:

$210

Explanation:

Date    Description   Units  Price  Total Balance

1-Jun    Opening        15   $12   $180   $180  

5-Jun    Purchase      10      $13     $130          $310  

12-Jun   Purchase      20     $14     $280         $590  

17-Jun   *Sale             -30               -$380        $210  

*Working

Sale

Date          Units   Price     Total

17-Jun       -15 $12   $(180)  

                -10   $13   $(130)  

                -5   $14   $(70)  

Total Sale -30           -$380  

So, the correct answer is $210.

3 0
4 years ago
Supply chain complexity and scale increases when firms move to globalization. manage the procurement, manufacturing, and distrib
Nostrana [21]

Answer:

C. produce products and services that coordinate with hundreds or more firms and suppliers.

Explanation:

  • A supply chain complexity increase as the firms moves in an inter-connected and interdependencies network where a change in one element has an effect on the other elements,
  • And is caused by a variety of factors and s often due to the rising consumer expectation and expanded product and services and is coordinated with hindered or more firms and suppliers.
8 0
3 years ago
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