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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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Consider an event you are familiar with, such as a baseball game, a rock concert, or delivering delivering product to a customer
Kay [80]

The correct answer to this open question is the following.

I am going to consider a rock concert. I am familiar with this event.

This is the logistics needed and the sequence in organizing this particular event.

1.- The promoter contacts the talent agency to negotiate with the band's management.

2.- The promoter has scheduled some dates in a specific venue where it is going to organize the show.

3.- The promoter and the manager negotiates the band fees.

4.- Both sign an agreement.

5.- THe promoter confirms the show with the venue.

6. The promoter order the printing of the tickets.

7.- The promoter double-checks all the permissions and authorizations required by the local government, according to the characteristics of the show.

8.- The promoter notifies the fire department, the police department, the traffic department, and rents medical or emergency services for the day of the show.

8.- The band's manager sents the "rider," the document where the band specifies its catering, backstage, rigging, light, and sound system. This document also includes hotel rooms, ground transportation necessities, and flight tickets.

9.- The promoter starts the marketing and promotion of the show in mass media outlets and social media.

10.- The promoter rents all the equipment needed.

11.- Everything is ready for the day of the show.

6 0
2 years ago
The present value of a cash flow will _________ be less than the future dollar amount of the cash flow
nata0808 [166]

The present value of a cash flow will always be <u>less</u> than the future dollar amount of the cash flow.

<h3>What is the present value?</h3>

The present value is the value of future cash flows discounted by the discount rate to today's value.

Discounting converts a future value to an equivalent value received today. Discounting measures the relative value of a series of future cash flows to a present value.

For example, if $500 is to be received in ten years, with a discount rate of 5%, its present value will be $307 ($500 x 0.614).

Thus, the present value of a cash flow will always be <u>less</u> than the future dollar amount of the cash flow.

Learn more about the present and future values at brainly.com/question/15904086

7 0
2 years ago
What are the consequences of not notifying your reference of their inclusion in your job
lawyer [7]

Answer:

they probably wouldn't take you as seriously

Explanation:

I mean if you have references they know for sure that you are good.

4 0
3 years ago
If you're unsure of what chart to use for a set of data, what feature does Excel include that will help you to decide? A. Sparkl
meriva

Answer:

B. Recommended Charts

Explanation:

If you are unsure of the best chart option for your data use the Recommend Charts button. It will open the Insert Chart window shown here. When you select a chart, three buttons appear along the right side of the selection

6 0
3 years ago
Bluegill Company sells 7,500 units at $320 per unit. Fixed costs are $120,000 and income from operations is $1,560,000. Determin
Debora [2.8K]

Answer:

a) $96 per unit

b) $224 per unit

c) 70%

Explanation:

We will have to compute variable cost and contribution margin

Sales $2,400,000

7,500 × 320

Less; Variable cost $720,000

Contribution margin $1,680,000

Less : Fixed cost $120,000

Operating income. $1,560,000

a) Variable cost per unit

= Total variable cost ÷ Total number of units

= $720,000 ÷ 7,500 units

= $96 per unit

b) Unit contribution margin

= Selling price per unit - Variable cost per unit

= $320 - $96

= $224

c) Contribution margin ratio

= (Selling price per unit - Variable cost per unit) ÷ Selling price per unit × 100

= ($320 - $96) ÷ $320 × 100

= $224 ÷ 320 × 100

= 70%

7 0
3 years ago
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