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3 years ago

How can business owners attract qualified laborers and prevent employee turnover?

2 answers:

7 0

Business owners can attract qualified laborers and prevent employee turnover by creating a workplace that employees want to work for. Corporate culture refers to the beliefs and behaviors within a company and how they want relationships and transactions to be handled. Corporate culture is not something that is written down in a handbook and taught, rather traits within people that work for the company. When employees feel good about being at work and enjoy the environment, they tend to thrive which prevents turnover.

marissa [1.9K]3 years ago

4 0

Business owners can attract qualified laborers by having a positive corporate culture and offering higher starting wages. Business owners can prevent employee turnover by hiring more selectively, focusing on having an experienced store manager, and by offering promotions for good performance.

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A(n) ____ is the transfer of the control of operations and management from one firm to another with the former becoming a unit o

olya-2409 [2.1K]

Answer:

acquisition

Merger

Explanation:

Acquisition is when a company purchases almost all the shares of another company in order to have full control over it. For companies that are distressed or are not able to operate as a going concern, such can put up the company for sale.

In acquisition, the buying company oftentimes retain its name which is already a brand , work and build on the strength of the old company in order to achieve returns. Companies acquire other companies in order to have large market shares and also to diversify their business operation.

One of the benefit of acquisition is that it gives room for fresh ideas due to coming together of different people and also brings people that are experts in their various fields.

Merger is when two or more firms comes together to form a single entity.

Companies or firm merge in order to form an alliance and also send strong signals to other competitors.

Firms also merge in order to increase their financial capacity. This will enable them to be able to finance their business operations. They are also able to increase their asset base as a result of the merger.

4 0

3 years ago

What are the four requirement of valid contract

timurjin [86]

Four requirements for a valid contract are an offer, acceptance by the other party of the offer, a mutual agreement or meeting of the minds of the contracting parties and a valid consideration.

3 0

4 years ago

Apple Bank makes a loan to Harry at 12.5 percent per year to be repaid by level annual payments for t years. Exactly one year be

Stels [109]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

Download xlsx

7 0

3 years ago

Ally Bank advertises "24/7 live customer care," which means that customer can call by telephone and speak with a human being abo

Sidana [21]

Answer:

Ally Bank is emphasizing the Empathy dimension of service quality

Explanation:

Empathy -

It refers to the practice of providing proper attention and help to consumers , is referred to as empathy .

In companies these practice is done in order to help the consumers in the best possible manner , which will in turn help the company with good feedback and profit .

Hence , from the given scenario of the question ,

The correct answer is empathy .

4 0

3 years ago

Kingston Co. uses the percentage-of-receivables basis to record bad debt expense. It estimates that 1% of accounts receivable wi

love history [14]

Answer:

Kingston Co.

Adjusting Journal Entry to record bad debt expense for the year:

Account Titles and Explanation Debit Credit

Bad Debts Expense $2,700

Allowance for Doubtful Accounts $2,700

To record bad debt expense for the year and bring the allowance for doubtful accounts to a credit balance of $4,200.

Explanation:

a) Data and Analysis:

Accounts receivable at the end of the year = $420,000

Allowance for doubtful accounts (credit balance) = $1,500

Estimated uncollectible = 1% of account receivable

New credit balance for allowance for doubtful accounts = $4,200

Adjustment to increase the allowance for doubtful accounts to the above new balance = $2,700 ($4,200 - $1,500)

Bad Debts Expense $2,700 Allowance for Doubtful Accounts $2,700

5 0

3 years ago