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PilotLPTM [1.2K]
3 years ago
12

Elaborate on two instances at the workplace where "silence is golden " may be applicable.

Business
1 answer:
andrey2020 [161]3 years ago
3 0

Answer:

"Silence is golden" teaches that it is not everytime that somebody must say something.  At times, it is better to keep quiet and listen to others and the environment instead of talking meaninglessly.

At the workplace, it is better to apply this "silence is golden" rule instead of asking or making unrelated questions or comments.  Relevance is important in communication.  Off-handed revelations can be offsetting and can damage one's character, if left unchecked.  If you want to ask a question in any situation, please ensure that the question is related to the topic under discussion.  If you want to make a comment during departmental meetings, first make the comment in your head and evaluate its relevance to the subject being discussed.  After your evaluation, you may discover it was not necessary to ask the question or make the comment, then withdraw it.  Do not fall into the habit of asking irrelevant questions or making unnecessary comments because you want your voice to be heard.  We learn more from listening to others than from talking.

Another instance were "silence is golden" is when you are under emotions.  Hold yourself in check at such moments and do not allow yourself to ask questions or make comments that will hurt the feelings of those around you.  Some people are sentimental and will not appreciate nor excuse such remarks.  Hold your tongue.  Cry if you must, but do not voice out your emotions without control.  People do not easily forget such remarks even though they realize that you were emotionally charged.  Let your peace reign in your heart.

Explanation:

A workplace is not the most appropriate place to voice out some thoughts.  You must recognize your purpose of being there in the first instance: to work and earn a living.  So, simply do that.  Do not be known as a talkative.

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On an afternoon that a class meets, you could alternatively study for an exam that will take place in another class the next mor
EastWind [94]

Answer:

D) being unable to engage in all three of the above activities.

Explanation:

An opportunity cost is the cost (or lost benefit) of choosing one activity or investment over another. In this case, if the student decides to attend afternoon class, he/she will not be able to benefit from:

  • taking a nap
  • seeing a movie with a friend
  • studying for next morning's test

So all the three activities represent the opportunity cost of attending afternoon class.

4 0
3 years ago
When might adding an additional employee be bad for a small business?
Anarel [89]

Answer:

If the demand for the product or services goes down

Explanation:

A reduction in demand for a good or service results in a decline in its price. As per the law of supply and demand, a decline in demand while holding other factors constant pushing the equilibrium price down. Reduced prices mean that the revenues obtained from the sales of the product or service will decline.

Hiring an extra worker when the demand is low will lead to losses. Low demand causes low prices, which implies that the cost of the new employee will be greater than the benefits obtained from the worker.  A reduction in prices will mean that the marginal product of labor will be lower than the cost of labor.

3 0
3 years ago
Hammond Lumber has just changed from prefabricating 8 gazebos to 10 gazebos (units). Their total costs changed from $9,500 to $1
AfilCa [17]

Answer:

MC = 750

Explanation:

Below is the given values:

Initial quantity = 8

Final quantity = 10

Initial total cost = $9500

Final total cost = $11000

Marginal cost = Change in total cost / Change in quantity

Change in total cost = 11000 - 9500 = 1500

Change in quantity = 10 - 8 = 2

Marginal cost = Change in total cost / Change in quantity

MC = 1500 / 2

MC = 750

3 0
3 years ago
Pauline, a department manager at good looking clothes inc., uses a style of decision-making that focuses on using the skills, ex
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A job can be done with Machine A that costs $12,500 and has annual end-of-year maintenance costs of $5000; its salvage value aft
sdas [7]

Answer and Explanation :

As per the data given in the question,

Present value = Amount ÷ (1 + r)^n

Machine A

Year           Amount        Discount Factor      PV

1                  $5,000           1.05                  $4,761.90

2                $5,000                                     $4,535.15

3               $5,000                                      $4,319.19

Total                                                          $13,616.24

Now

Present value of salvage value =$2,000 ÷ 1.05^3 = $1,727.68

Present worth of Machine A is

= -$12,500 - $13,616.24 + $1,727.68

= -$24,388.56

Similarly Present worth of Machine B = -$15,000 - $4,000 ÷ 1.05 -$4,000 ÷ (1.05)^2 - $4,000 ÷ 1.05^3 - $4,000 ÷ 1.05^4 + $1,500 ÷ 1.05^4

=-$24,658.94

Based on the comparison between Machine A and Machine B

Machine A is better because it has higher present worth

Annual worth:

For machine A = -$12,500(A/PA,5%,3) -$5,000+$2,000(A/F,5%,3)

=-$12,500 × 0.367 - $5,000 + $2,000 × 0.317

= -$8,953.5

For Machine B:

=  -$15,000(A/P,5%,4) - $4,000 + $1,500(A/F,5%,4)

= -$7,882.16

Based on the comparison between Machine A and Machine B

Machine B is better because it has higher annual worth

Capitalized cost:

Machine A :

= -$12,500+$2,000(P/F,5%,3) - $5,000 ÷ 0.05

=  -$12,500 + $2,000 × 0.86 - $5,000 ÷ 0.05

= -$110,772

Machine B :

=-$15,000(P/F,5%,4) - $4000 ÷ 0.05

=-$15,000 × 0.82 - $4,000 ÷ 0.05

= -$93,765.9

Based on the comparison between Machine A and Machine B

Machine B is better because it has lower capitalized cost

3 0
3 years ago
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