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wlad13 [49]
3 years ago
5

An employee:

Business
1 answer:
Maksim231197 [3]3 years ago
7 0

Answer:

works for someone else

Explanation:

An employee is someone hired to offer labor services to their employers.  The employers may be an individual, a private organization, or the governments. Employees earn wages, salaries, and other benefits provided by the employer in exchange for their labor services.

Employees do not assume any risks as the business owners do. Their role is to fulfill their mandate as instructed by the employers. Employees assist the employer in accomplishing their business vision.

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In market economies, firms rarely worry about the availability of inputs to produce their products, whereas in command economies
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Answer: In market economies, buyers of inputs know that sellers want to earn profits.

Explanation: In a command economy, the state decides about what goods are to be produced, how much they must be produced and at what price they must be distributed in the society. While, in a market economy decisions about investment and production are determined by the forces of demand and supply. A command economy focuses on social welfare and equal distribution. While a market economy is driven by the profit motive. Thus, it is easy for firms to buy inputs in a market economy than in a command economy. In market economies, buyers of inputs know that sellers want to earn profits.

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3 years ago
For a project, the following earned value data have been assessed: AC: $ 4,000,000 CV: $ -500,000 SPI: 1.12 BAC: $ 9,650,000 Wha
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Answer:

The BCWS is also known as Planned Value (PV).

So, in this way, <em>PV = 3.125.000</em>

Explanation:

With the data we can obtain the PV as follows:

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After this, we can calculate PV with this formula: SPI = EV/PV

PV = EV/SPI

PV = 3.500.000/1.12 = <em>3.125.000</em>

<em />

<em>We can conclude, with these results, that the project actually is forward about the schedule but with an overcost about the budget. In other words, the project advance must be 41%  but now is on 36% due to the negative variance on the costs (CV).</em>

<em />

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The two basic assumptions that economists make about individuals and firms are:

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3 years ago
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