The effect of low unemployment rate on business is that the productivity of business will fall, and the effect of high unemployment rate on business is that the productivity of business will raise.
<h3>What is unemployment rate?</h3>
The unemployment rate refers to the state of being unemployed. The unemployment rate is derived by dividing the total number of people in the labor force by the number of people who are jobless.
The labor force is the total number of people who are employed and unemployed. A low unemployment rate has the impact of lowering business productivity, whereas a high unemployment rate has the effect of increasing business productivity.
Therefore, the unemployment rate is defined as the state of being unemployed.
Learn more about the unemployment rate, refer to:
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Answer:
compile and analyze the data
Explanation:
Since Peter has already identified the problem, his next step is to compile and analyze the data. This will allow Peter to see all of the data together and try to find what the cause of the problem actually is, which will ultimately allow him to develop a solution to it. This is done by inspecting and cleaning the data in order to find useful information, informing conclusions and data supporting decision-making.
Explanation:
The social environment, social context, sociocultural context or milieu refers to the immediate physical and social setting in which people live or in which something happens or develops. It includes the culture that the individual was educated or lives in, and the people and institutions with whom they interact.
Answer:
The amount of insurance expense that should appear in the company's 2019 income statement is $1,000
Explanation:
The computation of the insurance expense is shown below:
= Beginning balance of prepaid expense + Additional insurance premium - ending balance of prepaid expenses
= $900 + $600 - $500
= $1,000
For computing the accurate value we added the opening balance of prepaid expenses, additional premium and deducted the ending balance of the prepaid expenses
Answer: d. Recognize the economic reality of Claire's territory and change her goals to make them ambitious but realistic.
Explanation: a,b and d are all punishments and will cause the company to lose a valuable and hard-working member which does not make sense since it is not her fault. c. is not a very option either as it would involve relocating Claire which she may not want, is not necessarily fair to the new sales rep, and could potentially cause profit and sales to go down even further by having a new sales rep work this territory. c. d. is the best option because it will be kinder to Claire and will keep the company running smoothly.
Hope this helps! :)
