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faltersainse [42]
3 years ago
7

Identify the following is structural, frictional, cyclical and seasonal employment.

Business
1 answer:
horrorfan [7]3 years ago
8 0

Answer:

Frictional unemployment occurs when people decided to leave their jobs and look for another or people join the labor force for the first time.

Structural unemployment arises from a situation where there is a mismatch between the skills needed in an economy and the skills possessed by people. Happens a lot when employees need to adapt to new technology.

Cyclical unemployment happens as a result of the economy either growing or shrinking.

a. Andrew recently lost his job as an accountant for a large firm because he only knows how to perform the job using a general ledger (paper and pencil), and has been unwilling to learn how to use newly invented accounting software provided by the company. ⇒ <u>STRUCTURAL UNEMPLOYMENT. </u>

b. Sam recently lost his job as an accountant for a large firm because he only knows how to perform the job a using a general ledger and has been unwilling to learn how to use newly invented accounting software provided by the company. ⇒ <u>STRUCTURAL UNEMPLOYMENT.</u>

c. Teresa just graduated from college and is looking for a full time position with an investment banking firm. ⇒ <u>FRICTIONAL UNEMPLOYMENT. </u>

d. A recent recession has reduced the number visitors to a local theme park. The park has had to lay off many of its employee, including Beth. ⇒ <u>CYCLICAL UNEMPLOYMENT. </u>

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Explanation:

Abstraction can be defined as the doing way of some details that are not too necessary so that the main subject or features have maximum attention.

absstraction is very important in the aspect of object oriented programming

It should be noted that the process of paying attention to important properties while ignoring nonessential details is Abstraction.

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I hope my answer helps you

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Explain why saving money with a state minimum auto liability insurance policy generally isn‘t the best idea
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<h3>What is the liability insurance?</h3>

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In conclusion, the idea of saving money with the insurance policy is bad because it is meant for compensation against liability and not for saving purpose.

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<em>brainly.com/question/15933666</em>

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