Answer:
Reducing the expenditures of the organization by cutting the cost in order to balance or be stable in the economic depression is the most important strategy so far.
Explanation:
Remedies to mitigate the effects of the financial impact to your organization caused due to economic downturn:
Reducing the expenditures of the organization by cutting the cost in order to balance or be stable in the economic depression is the most important strategy so far. Let's see how.
As we know the basic formula of financial management.
Financial Statement = Income + Expenditure.
Obviously, in the time of economic downturn or depression, the first thing and the most important thing is to cutting the unnecessary cost. To be in financial equilibrium, organization has to reduce its manpower. Reduce the defects as much as possible. Reduce wastage as much as possible. Lower the utility bills by reducing the use of unnecessary devices. Promotion of human resources and benefits plus bonuses must be held in abeyance in this difficult time. In this whole scenario, group leaders and higher authorities playing the role of leaders of the organization has the utmost responsibility to bring their employees and staff in confidence. As a result, organization will undoubtedly survive the wave of depression in the long run.
Done all of these.Forced the growth of real wages to keep pace.Encouraged greater labor mobility.Caused some employers to use more part-time and temporary workers.
<h3>What has caused rising health care costs in the USA?</h3>
- Healthcare expenditures have increased as a result of rising premiums, greater deductibles and copays, and skyrocketing prescription drug costs.
- The Centers for Medicare & Medicaid Services1 estimate that by 2021, healthcare spending will have risen to $4.3 trillion. Because they have significant power over which medications are sold on the market, how they are promoted, and what prices they are charged, pharmaceutical corporations have a significant role in escalating health care expenditures.
- Pharmaceutical corporations promote both new medications and new diseases Due to greater health care costs, people have less money available for other purchases of products and services.
- High health care prices might make healthcare less accessible, drive customers bankrupt, and deplete retirement funds.
To learn more about U.S health care cost refer
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The answer is: <u> master limited partnership ; or, "MLP" </u><u /> .
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Answer:
$3,400
Explanation:
Out of five day workweek, accounting period ends on Thursday which indicates that employees work only for 4 days. Therefore, salaries are earned only for 4 working days and unpaid at the end of the accounting period
Salaries earned but unpaid= 4 working days * $850 per day = $3,400
Hence, salaries earned but unpaid at the end of the account period is $3,400
Answer:
b) $10 trillion
Explanation:
Price level = NGDP / RGDP = 2
NGDP / RGDP = 2
As per the quantity theory of money,
MV = PQ
M.(2) = 20
M = 10 trillion
Therefore, The money supply is $10 trillion.
