Some of the key environmental variables are market fluctuations, changes in government policy, inflation, and technology and economical factors. The impact of these changes on the HRM function may either be positive or negative depending on the type of changes.
The HRM function cannot perform its duty in a vacuum. There are a number of environmental factors that affect HRM. The factors that are of primary importance that affect working are economic conditions, labor markets, laws and regulations, and labor unions. Other factors may be the political changes and the environmental changes that take place.
The environmental variables can be broadly divided into technological, cultural, political, social, and legal factors. While these external factors' influences are often outside the HRM's control the HRM is required to address their effect on the organization and its goals. Some of the other factors can be ethical and global factors.
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Answer:
$43,500
Explanation:
<em>Net income = sales - expenses </em>
sales = 115,000
expenses (cost) = 71,500
net income = 115,000 - 71,500 = 43,500
<u>We calculate based on the matching principle.</u>
The revenues and expenses should be recognized during the period they occur.
In this case, the sales are for 115,000 regardless of the amount collected during the period or subsequent periods
The expenses for the period are 71,500 Even if a portion remains unpaid at the end of the year, all the expenses for the year should be included in the calculation.
<span>The impersonality of relationships principle states that decisions must be made this way. This principle also states that the informal and formal relationships that people have with their peers shouldn’t affect the way they make decisions. The idea of making the decision is to benefit the goal of the organization that one is making it for.</span>
Answer:
£1,945.41
Explanation:
we can use the present value of an annuity formula to solve this question:
present value of an annuity = monthly payment x present value annuity factor
monthly payment = present value of an annuity / present value annuity factor
- present value of an annuity = 350,000
- present value annuity factor, 0.375% (4.5%/12), 300 periods (25 x 12) = 179.9107
monthly payment = 350,000 / 179.9107 = 1,945.41
Answer:
D. Small Business Administration
Explanation:
-United States International Trade Commission is an agency that provides trade information and generates measures to control unfair practices like subsidies.
-United States and Foreign Commercial Service is an organization that provides companies help to export products and services and grow in the international markets.
-International Trade Administration is an agency that helps to promote the exports of nonagricultural products.
-Small Business Administration is agency that provides acounseling to small businesses and its Office of International Trade helps businesses to enter to the international markets. This agency employs 76 district international trade officers and 10 regional international trade officers throughout the United States as well as a 10-person international trade staff in Washington D.C.
According, to this, the answer is the Small Business Administration.
