Answer:
The cyclical unemployment rate is 4.2%
Explanation:
There is a natural unemployment rate which contains every unemployment rate which is cyclical unemployment plus structural unemployment plus frictional unemployment, so then in order to get cyclical unemployment we will use the below formula:
natural unemployment = Frictional unemployment + Cyclical unemployment +structural unemployment
therefore we are given the natural unemployment rate of 11%
Frictional Unemployment Rate of 4.4%
Structural unemployment rate of 2.4%
then we substitute on the above mentioned formula and solve for cyclical unemployment
11% =4.4% + Cyclical Unemployment Rate+ 2.4% then we transpose and solve for cyclical unemployment rate
11% - 4.4% -2.4% = Cyclical Unemployment Rate
4.2 % = Cyclical unemployment rate
this unemployment rate goes with the business cycle of any business in which if there is a recession in an economy it is accounted for even if there is economic growth it is accounted for.
The answer is disseminator. When a manager informs his or her
employees about the changes taking place within the external and internal
environment of the workplace, which may affect them and the organization as
well, he acts as a disseminator; a disseminator communicates to his or her
employees the organization’s vision and purpose. Being a disseminator is part
of Mintzberg’s Managerial Roles.
Answer:
Dissimilar mental model
Explanation:
Communication is simply the interaction with two or more people. It is the passing of information. It involves the transfer and understanding of meaning. In communication, members of the organization shows their satisfaction and frustrations.
mental models simply represent a described or support comprehension as it keep info about the current situation available in memory. It guide behavior and allow prediction.
Answer:
Internal Control is designed to ensure all of the items described in the answer.
Explanation:
Internal control refers to the control measures adopted by an entity so as to ensure compliance with legal framework, check frauds and errors and for reliable financial reporting.
Compliance procedures are the processes designed to check whether internal controls exist in an organization and if they do, whether such controls are operating effectively.
For e.g biometric authentication with regard to attendance keeps a check on the number of employees actually working during a period and eliminates the possibility of dummy names in the attendance records. This is an example of internal control i.e control measures created by organization itself.
Answer:
A. 0.684
Explanation:
A seasonal index refers to an index that is used to compare the value for a particular period with the average value of all periods.
The purpose of using a seasonal index is to show the relationship between the two values, and the degree to which the two values are different.
The seasonal index can be calculated as the latest value for a period divided by the average of all periods. Therefore, we have:
Seasonal index for July = Latest value for July / Average demand over all months = 130 / 190 = 0.684.
Therefore, he approximate seasonal index for July is 0.684.
