Less market power than it would otherwise have.
Answer: Trade unions aid workers productivity by ensuring the following
Explanation:
(1) Quick conflict resolution ( trade unions ensure that workers grievance are effectively addressed by their employees which will avert any shutdowns of operations)
(2) Building of Trust: trade unions help workers in the trust building process which in helps them to work with Assurance of adequate compensation.
(3) Employees retention: since employees trust their employees they tend to be more committed and ready to work for longer periods.
Answer:
Explanation:
(a) i. Payment = $7000
For cash flow payment = $750 (Per year at 5%, for 12 years)
= 750*8.863
= $6697.25
This shows it is better to receive $7000 right now.
ii. FV = $10000
PV = FV(P/F, 5%, 10 years)
= 10000*0.6139
= $6139
And Payment of $1000 per year, for 5 years
PV = 1000 (per year at 5%, for 5 years)
= $1000*7.722
= $7722
It is better to get $1000 per year for 5 years
(b)i. PV = $1000
fV = $1402.55
Interest = i
by formula
1000 = 1402.55 (p/f, i, 5)
1000 =
=
1 + i = 1.069
Collect like terms
i = 1.069 - 1
i = 0.069
i ≈ 7%
ii. PV = $166666.67
Perpetuity = 15000
interest is unknown
166666.67 = 15000/i
i = 15000/166666.67
i = 0.089
i ≈ 9%
Answer:
Option "A" is the correct answer.
Performance-based incentive.
Explanation:
Performance-based incentives also include financial and pre-monetary incentives to encourage well being-related actions or accomplishment of performance goals. ... To change those health-related habits, they are transmitted electronically to families or patients.
- Participants are involved in incentive programs. Studies have found that incentive programs can boost job interest.