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wel
3 years ago
6

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

Business
2 answers:
Lemur [1.5K]3 years ago
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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I hope this helps give you a start on where to begin. Just go with this and research deeper.
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3 years ago
Bruno's is analyzing two machines to determine which one it should purchase. The company requires a rate of return of 14.6 perce
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Answer:

Machine A; because it will save the company about $13,406 a year

Explanation:

The computation is shown below:

Equate Annual Cost = PV of Cash Outflow ÷  PVAF (r%, n)

For Machine A:

Year            CF          PVF  at 14.6%           Disc CF

0            $3,18,000.00    1.0000                 $3,18,000.00

1              $ 8,700.00   0.8726                 $7,591.62

2             $8,700.00   0.7614               $6,624.45

3 $      8,700.00           0.6644 $      5,780.50

PV of Cash Outflow                               $3,37,996.58

PVAF(14.6%,3)                                          2.2985

PV of Cash Outflow                            $1,47,053.69

For Machine B:

Year             CF                PVF at 14.6%                  Disc CF

0              $2,47,000.00       1.0000                    $2,47,000.00

1                $9,300.00       0.8726                        $8,115.18

2               $9,300.00       0.7614                        $7,081.31

PV of Cash Outflow                                          $2,62,196.49

PVAF(14.6%,2)              1.6340

PV of Cash Outflow     $1,60,459.86

So the machine cost would be purchased as it lower the cost by $13,406.17

5 0
2 years ago
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Answer:

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