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dsp73
3 years ago
15

1.2 Explain the concept of the labour market to a Grade 12 school-leaver. Give a

Business
1 answer:
Marianna [84]3 years ago
6 0

Answer:

The labor market is the phrase used to describe the supply of labor by employees and demand of labor by the employers as such there is an interaction between the workers and the employers where wage is paid to the workers by the employers for the labor the workers supplied

Being educated gives an employee the capacity to be more productive and gives an indication of the potential of prospective employees to recruiters and employers. Therefore, qualifications attained are an advantage when seeking employment alongside many several other job seekers

Therefore, a grade 12 school-leaver competing for a job alongside several others with similar or tertiary education is less likely to secure a desired job or vocation

However, with a tertiary education, such job seekers would more readily convince recruiters about their ability to satisfactorily perform their desired job

Explanation:

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Selected accounts from the ledger of Garrison Company appear below. For each account, indicate the following:
joja [24]

Answer & Explanation:

Account                 Type of Account         Increase side  

Supplies                     Asset                        Debit

Retained Earnings    Capital                      Credit

Fees Earned             Revenue                    Credit

Accounts Payable     Liability                      Credit

Salary                          Expense                   Debit

Common Stock           Asset                        Debit

Account Receivable     Asset                        Debit

Equipment                    Asset                       Debit

Notes Payable              Liability                    Credit  

8 0
3 years ago
Why do businesses use letterheads and logos?
scoray [572]
The answer is A. Hope I could help.
5 0
3 years ago
Lee Siracca owns two horses, brews his own beer, participates in the civic arts commission, enjoys talk radio, hikes on wilderne
brilliants [131]

Answer:

component lifestyle

Explanation:

Component lifestyle -

It refers to the method of selectively buy certain services and goods , which are up to the mark of his or style or interest , is referred to as component lifestyle .

These type of people are very specific and selective in nature .

Hence , require the characteristic features of their likes and dislikes , while choosing any product .

Hence, from the given scenario of the question ,

The correct term is component lifestyle .

5 0
3 years ago
The activities in a firm that try to identify customer needs and focus the flow of goods or services in the firm in order to mee
allochka39001 [22]

The activities in a firm that try to identify customer needs and focus the flow of goods or services in the firm in order to meet those needs is called : Marketing

<h3>What is marketing?</h3>

Marketing refers to the process whereby firms promote and sell product or services.

Marketing involves creating awareness to determine if there are sufficient number of people with a significant income to be able to purchase the goods one wishes to sell.

Marketing includes but not limited to :

  • Market research
  • Product development
  • Distribution method
  • Advertising
  • Sales

Therefore, the activities in a firm that try to identify customer needs and focus the flow of goods or services in the firm in order to meet those needs is called Marketing.

Learn more about marketing here : https://brainly.ph/question/2184594

8 0
2 years ago
Which of the following is an example of a service or program paid for by
icang [17]

Answer:

C. The United States military

Explanation:

Federal income taxes refers to the taxes levied on incomes by the federal government. All citizens and corporates must pay taxes on the income earned. Federal income tax is set as a percentage of the gross income.

The collected federal income taxes becomes the revenue for the federal government. The federal government uses taxes in the provision of public goods and services in the entire country. Defense and national security docket is one of the sectors that consume a big percentage of federal revenue.

6 0
3 years ago
Read 2 more answers
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