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rodikova [14]
2 years ago
9

Franco,an employee at Fundz Corp.,arrives late at the office on a Monday morning due to a personal emergency.His manager fires h

im,although this was the first instance of Franco arriving late at work.In this scenario,Franco would conclude a lack of _____ in dealing with employees who arrive late at work.
A) arbitration
B) laissez faire
C) outcome fairness
D) benchmarking
E) interactional justice
Business
1 answer:
jeka57 [31]2 years ago
5 0

Answer:

Outcome fairness.

Explanation:

Outcome fairness can be described as the perception that the repercussion that is given out to employees in a work place Is just. Outcome fairness can also be described as the length in which the distribution of outcomes are said to be acceptable. Example of such outcome includes employees salary, benefits, promotions.

Outcome fairness can be greatly determined by expectation in which the outcomes will be distributed in the basis of the management knowledge or previous experiences with such situations.

Franco concluded a lack of outcome fairness in the way the management of Fundz Corp deal with their employees, this is because he felt the consequences given to him was not just due to the fact that he arrived late to the office due to personal emergencies that was beyond his control.

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Sam and Joan made an offer of $250,000 asking the seller to pay all closing costs. They will put 10% down and pay one discount p
Archy [21]

Answer:

$27,500

Explanation:

Discount points are also called mortgage points and are fees paid as prepaid interest rate on a mortgage property.

One discount point is equivalent to 1% of the loan amount.

In the given scenario a down payment of 10% was made.

Also they are pay one discount point to close.

So total down payment to be made is 10% + 1% = 11%

Amount is cash for closing = 0.11 * 250,000 = $27,500

3 0
2 years ago
Economists normally assume that the goal of a firm is to
Elina [12.6K]

Answer:

Profit Maximisation

Explanation:

Profit is the difference between total revenue (receipts) from sale & total cost (expenditure) on production.

Total Revenue = Price x Quantity ; Total Cost = Average Cost x Quantity

Economists study all the producer behaviour, based on assumption that : Goal of firm is Profit Maximisation.

Maximising Profit implies maximising the difference between Total Revenue & Total Cost [ TR - TC] . This further leads to producer equilibrium rule of Marginal Revenue = Marginal Cost [MR = MC] ; i.e additional revenue per unit sold equals additional cost per unit production.

6 0
2 years ago
When thinking about implementation issues as discussed here, we can draw a parallel to the example from the text about Walmart e
Firdavs [7]
Try E or D I am not sure
4 0
2 years ago
Increases in the minimum wage are intended to raise the incomes of low-income workers. Many economists favor a different policy
Stels [109]

Answer:

The Earned Income credit

Explanation:

Many economists choose the earned income credit (EIC) over the increase in minimum wage because it avoids deadweight losses. Deadweight losses results when supply are demand are not in equilibrium (Market Inefficiency). Increases in minimum wages invariably leads to increase in prices of market goods which are overpriced. This leads to market Inefficiency.

So in trying to help low income earners, many economists choose the EIC over just increasing minimum wage.

The earned Income Credit helps certain tax payers with low incomes from work in a particular tax year. It reduces the amount of tax owed and may result in a refund to the tax payers if the amount of credit is greater than the amount of tax owed.

8 0
3 years ago
GDP does not directly include: Select one: a. the value of goods produced domestically and sold abroad. b. the value of intermed
serg [7]

Answer:

The value of intermediate goods sold during a period.

Explanation:

GDP: <em>Gross domestic product</em> include the services and the value of finished products in a given period.

However, the <em>intermediary goods </em>aren't accounted for as, there will be an error of double counting. <em>Because </em>when you count for an <em>intermediary good </em>and that good is now <em>finished</em> and part of another good, when you will count that <em>finished good</em>, the value of that intermediary good will be counted also, so this will double the numbers of your <em>GDP </em>and you will make an error.

5 0
2 years ago
Read 2 more answers
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