<span>A: Probably the most important indicator of financial health is the net cash flow from operating activities</span>
Answer: Hiring people for vacant positions.
Explanation: Staffing basically is defined as the act of hiring/employing people to fill in vacant positions.
When considering who to hire the person's qualifications, skills, and past records are mainly considered to determine when the person being hired is the right fit for the job. If these requirements are not met by the job applicant he/she is turned down most times.
Answer:
Systematic management
Explanation:
Systematic management is an approach of management which focus on the process of the management instead of the final outcome. The objectives of this approach to the management are:
To establish the particular procedures and processes to be used in the completion of the job task.
So, the systematic management is the one which focus on the internal operations as managers are concerned with the growth brought about through the Industrial Revolution.
Answer:
Economic models like the circular flow diagram are not physical models, but instead are diagrams or graphs or even mathematical equations that represent economic patterns or theories.
d) circular flow diagram
Explanation:
Economic models are a form of theoretical construct that consists of economic variables and quantities and the relationships between them. The relationship between the construct forms a basis for hypothesis for economic behavior. Economic models can be used to observe, understand and predict economic behavior. There are different economic models such as;
1. Specialization Model
This is a type of economic model where more attention is given to the production of specific goods and services for better efficiency in terms of time, cost and quality.
2. Financial capital market
This is a type of financial market that provides a platform for the buying and selling of capital in the form of long-term debt and securities. They basically act like a bridge between those who have capital and those who need the capital.
3. Financial investment market
This is also another type of financial market that provides a platform where financial assets and it's equivalent can be traded for the sake of investment. They include; stocks, bonds and assets.
4. Circular flow diagram
This is a type of visual representation that illustrates how money and commodities of trade move in an economy. It is a type of economic model that uses diagrams to represent economic patterns and theories.
There are different types of bank account. A relationship bank account refers to a theoretical accounting of relationships in which positive deposits and negative withdrawals can be made during every interaction you have with that person.
- The Relationship Bank Account (RBA) is similar to a checking account at a bank. In this account, one can deposits and improve the relationship, or they may make withdrawals and weaken it. Relationship often exist here.
If a person open an RBA with another individual, one cannot close it. Bank relationship balance is simply known to be the total assets that a Customer holds with the Bank, even if it is only one person or jointly owned by the Customer.
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