<u>Complete Question:</u>
Why do some lenders require borrowers to secure credit?
A. To prevent defaults
B. To guarantee full repayment
C. To avoid any losses
D. To reduce risk
Answer:
Option D. To reduce risk
Explanation:
The reason is that the lender faces the credit risk which is the risk of the loss of the repayment in whole or in parts and the risk of default of the interest payments by the borrower.
So if we see the options, the option A, B and C are basically the credit risk that the lender is facing so the only option that is more general (not specific as the option A, B and C) and includes these three options is option D.
So the option D is correct.
I would say that the market economy and westward expansion promoted the institution of slavery as in the new United States whereby in order to sell more say cotton at a cheap price (the market economy) then the landowners would employ slaves for cheap labour so as to extract maximum profit from their labour.
Answer:
b. Organizational justice.
Explanation:
In reacting to the allegations that Google engages in "systematic compensation disparities against women" and the request of payroll records by the U.S. Department of Labor in 2017.
Google annually reviews pay levels and denies any disparities against women. In reviewing pay levels, Google's management is focused on organizational justice. The concept of organizational justice was first introduced by Greenberg in the year 1987.
Organizational justice is an organizational concept that describes an employee's perception of decisions, fairness, behaviors and actions with respect to how these employees are affected or influenced both psychologically and other wise at work.
Organisational justice deals with all workplace related activities, ranging from salary to relationships between superiors and their subordinates, equal rights, gender equality and even access to training and promotion.
For the purpose of trust, loyalty and progressive work attitudes, it is very important that organizations prioritize organizational justice.
Hence, if Google focuses on organizational justice, it will help to build trust and address the issue of pay level disparities among its employees.
Answer:
More accessible goods
An increase in international trade
A rise in regional Jobs
Answer and Explanation:
Labor Productivity in Units per hour
Labor Hours Productivity(In units) = Total Output / Input hours
For Deluxe Cars = 5,000 units / 21,250 hours = 0.24 units per hour (approx)
For Limited Cars = 6,250 units / 29,950 hours = 0.21 units per hour (approx)
Labor Productivity in dollars
Labor Hours Productivity(In dollars) = Total Output in dollar / (Input hours x rates)
For Deluxe Cars = (5,000 units x $8,500) / (21,250 hours x $13) = $42,500,000 / $276,250 = $153.84 per unit
For Limited Cars = (6,250 units x $10,100) / (29,950 hours x $15) = $63,125,000 / $499,250 = $126.44 per unit
