Answer:
C
Explanation:
Frictional unemployment: the period of time a person is unemployed from the period he leaves his current job and the time he gets another job. Meredith is searching for a job. Thus she is frictionally unemployed.
structural unemployment is an unemployment that occurs as a result of changes in the economy. These changes can be as a result of changes in technology, polices or competition. Structural unemployment tends to be permanent.
There seems to be a reduction in the demand for steel workers. Thus, Julie is structurally unemployed
Answer:
C
Explanation:
Performance management strategy goal or purpose is to provide a system through which better results can be obtained from the organization, teams, and individuals by having an understanding of how to manage performance within an agreed framework of planned goals, standards, and competence requirements.
It also aims aims at building a high performance environment for both the individuals and the teams so that they jointly take the responsibility of improving the business systems on a continuous basis and at the same time upgrading their own skills within a leadership framework. Its purpose is to enable goal clarity to makeď people do the right things in the right time. The main objective of a performance management system is to achieve the capacity of the employees to the full potential in favor of both the employee and the organization, by making a clear distinction of roles, responsibilities and accountabilities, required competencies and the expected behavior
Answer:
Axe's awareness level be next year will be 58%. The right answer is a
Explanation:
In order to calculate Axe's awareness level for next year, first we need to calculate the Opening awareness level as follows:
Opening awareness level=Closing level−Decrease in awareness per year
=80%−(1/3 ×80%)
=80%−26.4%
=53.6%
Therefore, in order to calculate Axe's awareness level for next year we would have to use the following formula:
Expected Awareness level=Opening awareness level+Increase in level
=53.6%+5%
=58%
Answer: A) is the increase in total cost resulting from producing one more unit.
Explanation:
Marginal cost is the increase in total cost that a company incurs from producing one more unit of the good being produced. It includes both fixed and variable cost and can be calculated by dividing the change in cost by the change in quantity.
Marginal cost is an important metric in profit maximisation because it tells the point where profit is maximised when it equals Marginal revenue.