Increasing the focus on employee development can also increase employee beliefs that Microsoft values their contributions, creating received organizational support.
What is known as employee development?
Employee development is the process of improving the existing competencies and skills of employees and developing new ones to support the organization's goals.
The following finer points of interest are contained in this definition:
- Employee development is not just about developing organizational L&D strategies
- It's more than just mandatory employee training
- It goes far beyond annual meetings with employees to discuss their shortcomings and highlight needs for improvement
- When done right, even though employee development requires investment (time, effort, and funding) from the company, those investments will more than pay off in the long run.
To learn more about employee development, refer to:
brainly.com/question/21506950
#SPJ4
The correct answer is a recession.
An economy is considered to be in a recession when there is a decline in total real output for two or more consecutive quarters. A recession is defined as a period of temporary economic decline during which trade and industrial activity are reduced,
The entry to close the dividends account at the end of the year is: Debit cash $5,200 and Credit dividends $5,200
<h3>What is a dividend?</h3>
Dividend is a form of payment made by the company to its existing shareholders, usually as a distribution of profits. It is a portion of company's earnings during the period being returned to their investors.
Dividends are means of both profit distribution and incentives for the investor who keeps on investing in the company.
The entries for dividend accounts are :
Debit cash $5,200
Credit dividends $5,200
Hence, the entry to close the dividends account at the end of the year is: Debit cash $5,200 and Credit dividends $5,200
Learn more about dividend here : brainly.com/question/25845157
Answer and Explanation:
The computation of total avoidable costs is shown below:-
<u>Particulars Keep old machine Buy New machine</u>
Opportunity cost of
buying the old
machine $44,000
Purchase amount $117,000
Operating expenses $208,000
($52,000 × 4 years)
Operating expenses
($7,000 × 4 years) $28,000
Total avoidable costs $252,000 $145,000
b. The new machine cost is lower to the lower one so it can be replaced.
