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qaws [65]
3 years ago
8

What is the difference between industrial and consumer goods?

Business
2 answers:
Tom [10]3 years ago
7 0
Industrial goods are bought and used for industrial and business use. Consumer goods are ready for the consumption and satisfaction of human wants. While industrial goods are made up of machinery, plants, and raw materials, consumer goods are commodities purchased by a buyer like clothing, food, and drinks.
lina2011 [118]3 years ago
4 0
“Industrial goods are materials used in the production of other goods.” “Consumer goods are finished products that are sold to and used by consumers”

LINK TO WHERE I FOUND THAT INFO:
https://www.investopedia.com/ask/answers/050415/how-are-industrial-goods-different-consumer-goods.asp

Hope that helped have a great day! :)
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According to equity theory, in order to restore equity or fairness of a work situation a worker may ______. (select all that app
noname [10]

Group of answer choices.

A. try to have the inputs of coworkers increased

B. try to increase the outputs of coworkers

C. try to increase his or her own outputs

D. try to increase his or her own inputs

Answer:

A. try to have the inputs of coworkers increased.

C. try to increase his or her own outputs.

Explanation:

Adam Smith was a Scottish political economist, social and moral philosopher, author and he is famously considered to be the father of modern economics. Smith was born on the 5th of June, 1723 in Kirkcaldy, United Kingdom and he died on the 17th of July, 1790 in Panmure House, Edinburgh, United Kingdom.

The equity theory by Adam Smith helps to measure and strike a balance between the work input and output of a worker.

An equality norm can be defined as a reward system in which the employer or human resource manager decide to compensate or pay the entire workforce the same amount of money without discrimination or favoritism.

Basically, it's paid regardless of individual productivity levels, in order to promote the ability to work effectively in groups.

According to equity theory, in order to restore equity or fairness of a work situation a worker may;

I. Try to have the inputs of coworkers increased.

II. Try to increase his or her own outputs.

8 0
2 years ago
Sherry invests money in stock. Her initial investment is $3,000, and after one month the stock’s value increases by 20%. After a
Ilya [14]

Answer:

Investment worth now = 3,726 dollars

Explanation:

This is simple question which can easily be understood with the help of following calculations.

Initial Investment = $ 3000  -A

Value increase by 20% = A*1.2 = 3600-B

Value dip by 10% = B*0.9 = 3240-C

Value increase by 15%= C*1.15 = 3726

In this way by applying rate to last determine value we can get current investment worth.

3 0
3 years ago
Youngston Company (a Massachusetts employer) wants to give a holiday bonus check of $750 to each employee. Since it wants the ch
stepan [7]

Answer:

Gross bonus=$1,148.54

FIT=252.68

OASDI=71.21

HI =16.65

MASS. TAX=58.00

Explanation:

Calculation for the withholding taxes and the gross amount of the bonus

Calculation for gross amount of the bonus

Gross amount of the bonus= [$750/ (1- 0.22 - 0.062 - 0.0145 - 0.0505] - 0.01

Gross amount of the bonus= [$750/ (0.78 - 0.062 - 0.0145 - 0.0505] - 0.01

Gross amount of the bonus= [$750/ 0.653] - 0.01

Gross amount of the bonus=1,148.545-0.01

Gross amount of the bonus=$ 1,148.54

Therefore the Gross amount of the bonus will be $ 1,148.54

Calculation for the withholding taxes

FIT =1148.54 * 22%

FIT=252.68

OASDI= 1148.54 * 6.2%

OASDI=71.21

HI=1148.54 * 1.45%

HI =16.65

MASS. TAX =1148.54 * 5.05%

MASS. TAX =58.00

NET 750.00

[$1,148.54-(252.68+71.21+16.65+58.00)]

Therefore the withholding taxes are:

FIT=252.68

OASDI=71.21

HI =16.65

MASS. TAX = =58.00

7 0
3 years ago
im was a crook. He embezzled $450,000 from his employer. When his employer found out about his misdeeds, before even conducting
Masja [62]

Answer:

Unless the company is 100% certain that it can prove Jim's misdeeds and has all the evidence to support their accusation, they should have waited for the police to act first before going to the newspaper. If their is the minimum chance that they cannot prove their accusations, Jim might be able to sue them for libel.

5 0
2 years ago
Assume that Jane’s company does not have the $50 million in cash to purchase the building. The company mortgage with the bank. T
bogdanovich [222]

Answer:

The agreement among the Jane and bank personally is the Guaranty

Explanation:

As Jane want to take a loan of $50 from bank in order to purchase a building but bank is worried regarding the financial health of the company so in order to grant the loan or mortgage, both bank and Jane entered into an agreement which states that the Jane would be personally liable for the payment if company defaults. So, the agreement in which they agreed is the guaranty given by Jane to bank.

6 0
3 years ago
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