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finlep [7]
3 years ago
8

Gears Inc., an automobile manufacturing firm, has hired an external agency to handle its employee compensation function so that

its HR employees can focus on other tasks, such as legal compliance and employee training. The firm has made this change for two reasons: to increase workforce efficiency by reducing the time spent on the compensation function and to reduce the dissatisfaction caused by the repetitious nature of this function. In the given scenario, Gears Inc. is employing _____.
Business
2 answers:
kipiarov [429]3 years ago
7 0

Answer:

Outsourcing

Explanation:

Outsourcing is a business practice in which a company transfers over the responsibility of planning an activity or project that could easily be carried out internally to another company.

It also involves transferring of employees and assets from one organisation to another.

Outsourcing is a business practice employed by many companies to get top candidates without being directly involved in the process of sourcing and selecting.

kaheart [24]3 years ago
6 0

Answer:

outsourcing

Explanation:

Outsourcing Is a practice in business or corporate organizations that involves hiring a third party outside an organization to perform some job functions or handle some operations instead of handling it within an organization.

Advantages of outsourcing.

1.it lower cost.

2.Improved rate of efficiency.

3.Accelerated time for market.

4.Improved skills and resources, etc.

Examples of task that could be outsourced includes recruitment exercise, customer care and call services, information technology services,etc.

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Describe at least two non-discretionary expenses that you expect to have at some point in your life.
ad-work [718]

Answer:

Non-Discretionary Expenses means payments made to third parties on account of: (a) mandatory payments of monthly debt service (but not payment of principal or interest at or after maturity) required under Loan Documents evidencing debt of the Venture or any Subsidiaries; (b) Emergency Expenses; (c) other non-

Explanation:

3 0
3 years ago
In the DuPont Model, return on equity (ROE) is dependent on the firm's:
Anna35 [415]

Answer:

A. Net margins, debt leverage, and asset turnover.

Explanation:

ROE = (Net income / sales) x (sales / total assets) x (total assets / shareholders equity)

I hope my answer helps you

8 0
3 years ago
On January​ 2, 2019, Kaiman Corporation acquired equipment for​ $700,000. The estimated life of the equipment is 5 years or​ 80,
disa [49]

Answer:

$272,000

Explanation:

Accumulated depreciation is the sum of depreciation expense.

Depreciation is a method of expensing the cost of an asset.

Depreciation expense using the straight line depreciation method = (Cost of asset - Salvage value) / useful life

($700,000 - $20,000) / 5 = $136,000

The straight line depreciation method Deprecation allocates the same deprecation expense each year of the useful life of an asset.

The depreciation expense in 2019 and 2020 would be $136,000 x 2 = $272,000

I hope my answer helps you

8 0
2 years ago
New brands with a small market share tend to spend proportionately more for advertising and sales promotion than those with a la
mestny [16]

Answer:

b. New brands require higher spending to reach a minimum level of exposure needed to affect purchase habits

Explanation:

New brands with a small market share tend to spend proportionately more for advertising and sales promotion than those with a large market share because a certain minimum level of exposure is needed to measurably affect purchase habits.

3 0
3 years ago
__________ contracts are called __________ because no formalities are required in making them
vitfil [10]
The answer to this question is Simple;informal
Simple contracts usually will be used if the transaction happens in small scale (it held small amount of value)
Which means that both parties either believe in one another or they simply do not care enough about the contract to care about the legal precautions.
3 0
3 years ago
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