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lozanna [386]
3 years ago
5

South Carolina is facing budget cuts. The number of employees needs to be reduced over the next three years at all state agencie

s. The state decides to stop hiring new employees to fill vacated positions to comply with budgetary constraints. This approach is called
Business
1 answer:
choli [55]3 years ago
8 0

<u>Answer:</u> This approach is called attrition.

<u>Explanation:</u>

Attrition is the process of reducing the workforce of the company due to various reasons. Here South Carolina has lot of budget constraints which forces the state to reduce the in take of new employees. This approach can also be called as hiring freeze so that the payroll can be reduced instead of doing layoffs.

The strength of the state is reduced in order to reduce the expenses and money pay outs. When there is a deficiency in the budgets actions have to be taken accordingly to minimize the effects.

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Prime Cuts was the brainchild of Karen Terrier, who guided all the marketing efforts of the product. She made the decisions rega
gulaghasi [49]

Answer: Brand manager

Explanation: It is most likely that Karen serves in the job of brand manager as she is directly responsible for all the elements of the marketing mix (package, brand name, pricing, promotion and placement) for one brand or one product line. A brand manager is defined as one who is responsible for ensuring that the products, services and product lines of a company or business adapts to its target market. They continuously monitor marketing trends while keeping watch on competitive products in the marketplace or industry.

5 0
2 years ago
The entry to record a purchase of $5,000 on account, terms of 2/10, n/30, would include a
Nezavi [6.7K]

Calculate, from the following information accumulated by Bob​ Verna, the adjusted cash balance at the end of July.

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4 0
3 years ago
Read 2 more answers
The city charges a homeowner a fee to pick up the garbage each week. which of these was provided by this transaction?
Liula [17]
<span>A service is provided by the transaction   i belive so </span>
6 0
3 years ago
How do businesses determine the equilibrium price of a good or service?
Helen [10]

Answer:

C. They set a price where the demand matches the quantity they are

willing to supply

Explanation:

The equilibrium price is the current market price as determined by supply and demand forces. It is the price at which buyers are happy to buy the entire supplied quantities. Suppliers are also happy to sell that quantity at the set price. The equilibrium price is, therefore, the intersection of the demand and supply curves.

At the equilibrium price, there is no excess or short supply of a product in the market.

6 0
2 years ago
Cost of goods sold is budgeted at 40% of sales, and the inventory at the end of February was $34,000. Desired inventory levels a
maksim [4K]

Answer:

$9,920

Explanation:

The computation of the desired beginning inventory as on June 1 is shown below:

Inventory as on June 1 = Given percentage of the cost of goods sold in the month of June

= 10% ×  (40% × $248,000)

= 0.10 × $99,200

= $9,920

As the cost of goods sold is 40% of sales so we considered this thing and according to it we find out the beginning inventory

5 0
2 years ago
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