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Zielflug [23.3K]
3 years ago
8

Here are four individuals telling you their stories of how they became unemployed. In a multi-paragraph essay, apply the theorie

s of unemployment to explain the type of unemployment that each of these individuals is facing and explain which of these individuals qualifies for unemployment benefits
Business
1 answer:
Anestetic [448]3 years ago
6 0

Explanation:

In Marcelle's case she is affected by Cyclical unemployment unemployment which arises when people lose their jobs as a result of <em>market contraction</em> or downturn in aggregate demand in the economy.

Dominic's cause of unemployment is called voluntary unemployment,  which occurs when an individual decides to leave his job to seek another job elsewhere. Often times this individuals feel that they may get better compensation or wages in <em>another</em> location.

Francine has just experienced Seasonal unemployment which occurs when an individual is unemployed because the industry in which they work only render services in certain times of the year such as summer or winter.

Beauvoir has been affected by structural unemployment, which happens when an individual becomes unemployed because the company decides to change the structure of it's labor force, eg from manual labor to digitalization of the work environment.

<u>Therefore, all individuals </u><u>except</u><u> Dominic is qualified for unemployment benefits, because Dominic decided to quit his job not due to reasons beyond his control, like a layoff. </u>

You might be interested in
Describe data processing in accounting by selecting the correct statements below. (Check all that apply.) Multiple select questi
V125BC [204]

Answer:

✓Batch processing accumulates source documents for a period of time and then processes them all at once.

✓ Online processing enters and processes data as soon as source documents are available.

✓An advantage of online processing is timeliness.

✓ Accounting systems differ with regard to how input is entered and processed.

Explanation:

.

The data processing can be regarded as process which involves set of operations that helps in transforming data to useful information. This encompass Collection of data, sorting of data to suitable format, entry of data. In accounting this process could involve recording, as well posting/closing steps which are required in the journals and ledgers. It should be noted that data processing in accounting can be described as;

✓Batch processing accumulates source documents for a period of time and then processes them all at once.

✓ Online processing enters and processes data as soon as source documents are available.

✓An advantage of online processing is timeliness.

✓ Accounting systems differ with regard to how input is entered and processed.

3 0
3 years ago
Suppose Kim Ping and Abdel decide to set up a joint venture. Working together, the two companies will build a new, independent m
harina [27]

Answer:

Kim Ping and Abdel will have trouble when it comes to equality in a joint venture. There is always one partner who earns more than the other.

Kim Ping and Abdel will face<em> "conflict of interest." </em>Every individual has his own purpose in making a profit.

Explanation:

"Join venture" refers to the<em> merging of two parties</em>, including their resources, in order to accomplish a project or start a new business. This means that the company profits and losses will be shared by both parties.

However, it is said that "there is no such things as equal partners." There is always a chance that one party will earn more than the other, or the other party will contribute more than the other.

There is also a possibility of "conflict of interest" in such situation. Every partner has his own beliefs and style of running a business. This will cause a conflicting interest in both parties.  

These are the possible problems that Kim Ping and Abdel might encounter.

5 0
3 years ago
Intercontinental Inc., uses a periodic inventory system. At the end of Year 2, the account records provided the following inform
densk [106]

Answer:

Intercontinental Inc.

The amount of ending inventory is = $16,380

The cost of goods sold is = $37,810

Explanation:

a) Data and Calculations:

                                                                    Units      Unit Cost    Total Cost

Inventory, December 31, Year 1                  1,830          $ 6         $10,980

For Year 2: Purchase, March 21, Year 2   6,200          $ 5          31,000

Purchase, August 1, Year 2                        4,070          $ 3           12,210

Total cost of inventory                              12,100                        $54,190

Inventory, December 31, Year 2                2,910                          16,380

Cost of units sold                                       9,190                        $37,810

Cost of ending inventory, 2,910

= 1,830 at $6 = $10,980

 1,080 at $5 =     5,400

2,910           =  $16,380

Cost of goods sold = Cost of inventory available minus the cost of ending inventory

= $54,190 - $16,380

= $37,810

6 0
2 years ago
94. Averaging the deviations from the mean for a portfolio of securities will: A. compute the standard deviation. B. compute the
Yuri [45]

Answer: C. equal zero

Explanation:

The mean is average of the portfolio which means that some securities will be more than the mean and some will be less.

Some deviations will be positive, others will be negative.

When these deviations are added together, the negative deviations will cancel out the positive deviations which will lead to the average deviations being 0.

8 0
3 years ago
How are distribution and selling both connected?
Nataliya [291]

Answer:Manufacturers produce or make products. They typically sell them to wholesalers or distributors that have expertise in getting products to retailers. Retailers then hold inventory and market the goods to consumers that purchase them for personal or family consumption.

4 0
3 years ago
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