All categories

2 years ago

Describe the effect of technology as it relates to structural unemployment and technological unemployment

1 answer:

7 0

Structural unemployment is aggravated and reduced by technology depending on the sector and advancements coming with it.

Explanation:

Technology has been responsible for the increase and decrease in structure unemployment which in simple terms means technology has given and taken people's jobs.

This is because technology changes an industry fundamentally. The people who are replaced by self serve robots loose their jobs but many gain the jobs of handling the new installed equipment like this in companies.

This leads to the point of technological unemployment which means that some people remain unemployed because they do not have certain technical knowledge which is unfortunate for many from lower classes.

You might be interested in

A useful approach for understanding a client's business environment and associated business risks is to perform a PESTLE analysi

DedPeter [7]

Answer:

Business ricks factors for Poultry industry using PESTEL:

Political : Government imposes ban on hormone injections and artificial feeds.

Economic: Demand is high but supply is insufficient causing rise in prices.

Social: People taste changes and they are switched to beef.

Technological: Genetic manufacturing of eggs incurs high cost.

Environmental: Poultry industry creates smell pollution which can affect nearby societies.

Legal: Contract issues and termination of contract can cause industry failure.

Explanation:

PESTEL analysis is widely used in the business to identify the associated risks with the operations. In the pestel analysis all factors are analyzed in detail. Political, economic, social, technological, environmental and legal factors are analyzed in detail and risks associated with these factors are identified to improve business strategies.

8 0

3 years ago

Match each type of savings account with its features

ExtremeBDS [4]

Stock-rises and falls with market
youth-schools often sponsor it
NOT SURE ABOUT THESE LAST 2
Credit Union account-members own it
online-minimal overhead = high interest rate

8 0

2 years ago

Read 2 more answers

Jerrod is relatively new to Xenon Corporation and wants to make sure that he makes a good impression on his coworkers and superv

larisa86 [58]

I think the correct answer for this would be enchancement

6 0

3 years ago

Which of the following is an advantage of the corporate form of business when compared to sole proprietorships and partnerships?

Rudiy27

Answer:

D. Limited Partnership

Explanation:

Sole proprietorship is business owned , run & managed by single owner. Partnership is a business owned , run & managed by small group of people - deciding to share its profits .

Entrepreneurs in these have Unlimited Liability on personal assets, in case business assets are insufficient to settle business liabilities .

Corporation is a separate legal entity, distinct from its huge group of owners , guided by a board of directors. In case of any claim / sue case : it is against corporate entity & not the people, so they don't have any unlimited liability risk on personal assets to fulfil company's claims .

5 0

3 years ago

During fiscal 2016, mattel had sales of $5,456,650, total expenses of $5,138,628 and gross profit of $2,554,391. What was mattel

liberstina [14]

Calculation of Cost of Sales for Mattel for the year 2016:

It is given that Mattel had sales of $5,456,650, and gross profit of $5,456,650for the year 2016. The cost of sales can be calculated with the help of following formula:

Cost of Sales = Sales – Gross Profit

Cost of Sales = 5,456,650-5,456,650

Cost of Sales = 2,902,259

Hence the Cost of Sales is 2,902,259 ($ in thousands).

4 0

3 years ago