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3 years ago

When longer-term employees' salaries are lower than those of workers entering the firm today, ______ has occurred.

Business

1 answer:

Leona [35]3 years ago

8 0

Answer: Salary compression

Explanation:

Salary compression is a situation that occurs when there is a negligible differences in pay between the workers in an organization despite the experience and skills level.

It usually occurs when the pay of the current employees that are working with a company does not keep up with the rise in market pay rate thereby giving rise to a situation whereby new employees are employed at a identical pay or better pay to those that have been at the organization.

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List two types of discounts and explain how they work for consumers.

Aleks04 [339]

Answer:

Early settlement Discount: It is offered to customer to encourage them to pay earlier than the payment date.

Bulk Discount: If the customer buys over a certain quantity, he will get a discount.

4 0

3 years ago

Taggart Goods Corp. just reported a net income of $8,000,000, and its current stock price is $17.50 per share. Taggart is foreca

Whitepunk [10]

Answer:

$15.2279

Explanation:

Current P/E = Price per share * Share outstanding / Net Income

Current P/E = 17.5 * 5,500,000 / 8,000,000

Current P/E = 12.03

The Current P/E will remain the same next year

Next year P/E = Price * (New shares + Existing shares) / Next year earnings

12.03 = Price * (5,500,000 + 2,400,000) / 8,000,000 * 1.25

12.03 = Price * (7,900,000) / 10,000,000

12.03 * 10,000,000 = Price * (7,900,000)

Price = 120,300,000 / 7,900,000

Price = 15.22785

Hence, the price of shares next year will be $15.2279

5 0

4 years ago

Which of the following statement is correct?

EastWind [94]

Answer:

The answer is: Both statements are correct

Explanation:

Only the NYSE has a physical trading floor which s located on the famous Wall Street in New York. Nasdaq trades only electronically.

Some firms that qualify for trading at the NYSE (they meet the listing requirements of the NYSE), choose to trade at Nasdaq.

The main difference between the NYSE and Nasdaq is that NYSE is an auction market (individuals can trade between each other on an auction basis) while Nasdaq is a dealer's market (participants trade through dealers).

5 0

4 years ago

As the price of a good increases, all else being equal, consumers will likely purchase _____.(1 point)

Olegator [25]

Answer:

less of the good because substitutes have become relatively more expensive

8 0

3 years ago

6. You own a company. You have identified a safety issue with one of your products. The company could

seraphim [82]

Answer:

B. immediately recall the product.

Explanation:

If a safety issue is identified in one of my product as a company owner, the first thing to do is to immediately recall the product. Recalling means asking people that are currently in charge of the product to return it in order to determine the ROOT CAUSE of the issue.

Once the product is recalled, then further investigation can be carried out. First is to determine what might be the root cause of the issue. This is done by questioning those that are in charge of the production processes. After different and diverse answers to questions, then I can streamline the answers to those we considered as the root cause of the problem to minimum before proffering necessary measures to be carried out in order to prevent the issue from occurring in the future.

The next step will be the implementation of the measures. If the measures that were put in place were able to solve the safety issue, then we can document and validate it so that can it can be referenced to in future in case of similar occurrence.

3 0

3 years ago

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