Answer:
it makes the price so low that the quantity demanded exceeds the quantity supplied on the legal market.
Answer:
lump sum money= $52653
Explanation:
Giving the following information:
Your child is going to college in 4 years.
Tuition fees amount to $16,000 a year for each of the 4 years.
You plan on depositing a lump sum of money today in a bank account paying 5% interest a year.
The first tuition fee payment you make will be 4 years from now.
FV= 16000*4= $64000
n= 4 years
i= 0.05
We need to find the annual payments:
PV= FV/(1+i)^n
PV= 64000/1.05^4= $52653
If you are given a point and the slope, use the point-slope formula.
m = 2/3
(x₁, y₁) = (-6, 3)
y - y₁ = m(x - x₁)
y - 3 = 2/3(x + 6)
y - 3 = 2/3x + 12/3
y - 3 = 2/3x + 4
y = 2/3x + 1
The equation of the line is y = 2/3x + 1.
Answer:
Firstly i will discuss General electric philosophy. So, what happens is sometimes when you don't put pressure on managers then they become lethargic and slow. For this matter they needs reminder to stay on tip of their game. But at the same time its demotivating too.
Secondly, in Valero energy they believe in psychological safety, to make their employees feel secure and safe. It has great impact on employee performance.
Actually, company's performance is not measured by profit and loss alone. It also measures by other factors like employee safety, employee motivation, impact of policies on employees and bringing positive addition to the life of employee.
General electric is high performing company in terms of profit and revenue. They follow negative reinforcement philosophy.
Both concepts eargs the employees to perform better. But one approach is better i.e to make them feel secure and make them believe that company cares for their career, future and well being. That actually motivates the employee. In return employees works wonders for that company.
In latest HR practices, many professionals are shifting from General electric philosophy to Valero energy philosophy. Because it increases productivity of employee by positive reinforcement. Which actually is better.