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statuscvo [17]
3 years ago
6

GronLan Inc., a company with a majority of workers with high seniority, decides to hire 1,000 college graduates to meet the sudd

en productivity requirements generated by a growth in the market. Which of the following statements is most likely to be happen in this situation?
A. The compa-ratio of the company will become greater than one.
B. The average pay actually paid by the company will fall below its range midpoint.
C. The salary range midpoint of the company will become lesser than the compa-ratio.
D. The number of employees being paid red circle rates will increase.
Business
1 answer:
12345 [234]3 years ago
3 0

Answer:

The correct answer is b. The average pay actually paid by the company will fall below its range midpoint.

Explanation:

The average salary is the average amount of money the worker receives in a given country or region over a period of time.

When we talk about the average salary, we are making an estimate of what a worker earns monetarily, on average. It usually refers to a specific country, although it is also possible to calculate it for any territory. For example a town, a city or a region.

In addition, the average salary refers to a certain period. The most common periods are annual or monthly. That is, the average annual salary or the average monthly salary.

Being an average, does not mean that all workers charge that. Thus, although it is a simple calculation we must know different details to interpret it correctly.

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When seeking a recommendation before awarding a contract, what type of information is least likely to be needed from an applican
leva [86]

Answer:

Answer is option D, i.e. Information on credit worthiness.

Explanation:

When any organization enters into a contract with an applicant, it often asks for recommendations before awarding that contract to the applicant. This recommendations is asked to assess about the skills, the abilities that the applicant possess, the integrity and the character of the applicant. This is to assess that whether the applicant is fit and worthy enough to be awarded the contract. Thus, credit worthiness is not accounted for while going through the recommendations. Therefore, the answer is option D.  

8 0
3 years ago
Firms pursuing a ________ strategy focus on the realization of location and experience curve economies.
Kazeer [188]

Firms pursuing a global standardization strategy focus on the realization of location and experience curve economies.

<h3>What is a global standardization strategy?</h3>

The capacity to apply standardized marketing messaging and campaigns across markets, regions, and cultures is referred to as a global standardization strategy. Global standardization is used by the world's largest brands, such as Adidas and Coca-Cola, to offer a consistent brand experience across countries and languages.

For example, the Coca-Cola Company uses global standardization in marketing by keeping the product's presentation largely consistent throughout markets. Even though several languages are shown on the items, the corporation uses the same design motif.

These advantages include cost reduction, international price reduction, competitive decrease, market position consolidation, and promotion of a distinct international image.

To know more about global standardization strategy follow the link:

brainly.com/question/17159333

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8 0
1 year ago
You would like to purchase one Class A share of Berkshire Hathaway through your Scottrade brokerage account. Scottrade charges a
Bumek [7]

Answer:

The current​ bid/ask spread for Berkshire Hathaway Class A​ shares is $935

Explanation:

The computation of the current bid/ask price is shown below:

The Current bid/ask price = Ask price - Bid price

                                   = $263,810 - $262,875

                                   = $935

The commission amount should be ignored in the computation part. Hence, it will not be considered as it is not relevant.

5 0
3 years ago
A process has low fixed costs and high variable costs. It is currently capacity-constrained. Will the impact of an efficiency im
Lubov Fominskaja [6]

Answer:

Small

Explanation:

Fixed costs are the costs that do not change when output level changes, while variable costs are costs that change as output quantity changes.

When a production process is capacity constrained, it implies that there is a factor that does not allow it to produce more output. Examples of such factors are minor bottlenecks, constrained designs and resources, and others.

A process is said to be efficient when it can avoid waste of resources in producing desired output.

Efficiency improvement therefore occurs when more output can be produced with less resources.

In the question, given that the process is currently capacity-constrained, efficiency improvement will result in producing more output at higher costs because of high variable costs despite that the process has low fixed costs.

As a result, the impact of an efficiency improvement will be small because producing more output will result in incurring higher cost due to high variable costs that change as quantity of output changes. That is, the impact of efficiency improvement will be small because high variable costs with low fixed cost will result in higher production cost.

3 0
3 years ago
According to economists, natural resources, labor, capital, and entrepreneurship are called
Cloud [144]
It is called Factors of production. It is a financial term that depicts the data sources that are utilized as a part of the creation of merchandise or administrations keeping in mind the end goal to make a monetary benefit. The variables of creation incorporate land, work, capital, and business enterprise.
6 0
3 years ago
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