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Firlakuza [10]
3 years ago
8

At Corpceton, a plastic products manufacturing company, two to three newly hired machine operators are assigned to senior machin

e operators who train them for a few weeks. After the trainees complete three months of probation in the company, each of them is given a machine to operate on. In the context of training methods, this scenario best illustrates _____.
Business
1 answer:
Neporo4naja [7]3 years ago
7 0

OPTIONS:

a) on-the-job training

b) refresher training

c) sensitivity training

d) vestibule training

Answer:

a) on-the-job training

Explanation:

On-the-job training is a job training method which involves exposing new employees to the actual job skills as they are trained on the job skills while they perform the real job they are hired to do. This ensures the buildup of the capacity of the trainee, which makes them efficient in adopting the skills needed for them to perform their job satisfactorily. It is a kind of training new employees usually go through while on the job.

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The demand curve faced by a perfectly competitive firm rev: _______
vivado [14]

Answer:

The answer is D.

Explanation:

The demand curve faced by perfectly competitive firm is horizontal. This means that if individual firm charges price above the market price, it will not sell anything.

The curve is the same as marginal revenue curve because change in total revenue from selling one more unit(marginal revenue) is the constant market price.

And it holds in perfect market that price equals marginal revenue (P=MR).

The correct option is D.

6 0
3 years ago
Blossom, Inc. decided to establish a petty cash fund to help ensure internal control over its small cash expenditures. The follo
Crazy boy [7]

Answer:

The Journal entry with their narrations shown below:-

Explanation:

The Journal Entry is shown below:-

1. Petty cash Dr, $271

       To Cash $271

(Being establishment of petty cash fund is recorded)

2. Freight-in Expenses(delivery charges) Dr, $76

Supplies expenses Dr, $41

Postage expenses Dr, $49

Loan to employees (Accounts receivable) Dr, $33

Miscellaneous expenses Dr, $52

Cash short and over Dr, $8

         To Cash                              $259

($271 - $12)

(Being disbursement of cash is recorded)

3. Petty cash Dr,  $116

       To cash  $116

(Being increase in petty cash is recorded)

6 0
4 years ago
What does it mean to say that individuals as a group are net suppliers of funds for financial​ institutions? what do you think t
lana66690 [7]
I don’t know?????ahahah
8 0
3 years ago
Lotta Dough just won the state lottery and has elected to receive $50,000 per year for 20 years in the form of an annuity due. W
lidiya [134]

Answer:

PV= $529,700.71

Explanation:

Giving the following information:

Cash flow= $50,000

the number of years= 20

Interest rate= 7%

First, we need to calculate the future value of the cash flows. We will use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual pay

FV= {50,000*[(1.07^20)-1} / 0.07

FV= $2,049,774.62

Now, we can calculate the present value.

PV= FV/(1+i)^n

PV= 2,049,774.62/1.07^20

PV= $529,700.71

3 0
3 years ago
What is a guiding principle of composite risk management?
xxMikexx [17]

Explanation:

The basic principle for the risk management are as follows -

1. Do not accept unnecessary risk - unnecessary risk comes without commensurate benefits. Only absolutely necessary while Missions must be undertaken while exposing personnel and resources to the lowest possible risk.

2. Make decisions at appropriate levels to establish clear accountability, which means those responsible for success or failure must be involved in the risk decision making.

3. Accept risks when benefits outweigh the costs.

4. Integrate operational risk management (ORM) into operations and planning at all levels.

7 0
3 years ago
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