Answer:
B. I, II, and IV only
Explanation:
Job specialization can be defined as a strategic process which typically involves the ability of employees working in an organization to develop specific skills, knowledge, great expertise or professionalism and experience to perform their duties, tasks or job functions effectively and efficiently.
In order to gain the requisite skills, expertise and knowledge for job specialization, it is very important for the employees to have undergone an extensive training and a good number of years in work experience.
The primary purpose of job specialization is to increase efficiency and productivity because the employees are able to specialize in the use of specific tools (equipments) to accomplish their tasks, as well as limit the level of error or mistakes in the production process.
In Business management, method analysis can be defined as the study of the detailed process for the performance of a job i.e how a job is done. Thus, method analysis gives a detailed report on the tasks involved in the performance of a job and how they are to be done.
Basically, methods analysis is particularly valuable when it is used on jobs that:
1. Are high in labor content.
2. Are done frequently.
3. Are unsafe, tiring, unpleasant, and/or noisy.
In order to compete with the online retailers, the traditional retailers can use franchises that deliver, require an administered system for all, and increase their market share.
<h3>Who is a retailer?</h3>
A manager or owner of a business organization or a unit that specializes in selling of products to their customers, which they procure from the supplier, is known as a retailer.
Hence, options A, C and D hold true regarding the traditional retailers.
Learn more about a retailer here:
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the imparting or exchanging of information or news.
Answer: The longer the time period that funds are invested, the greater the future value.
Explanation:
When we are discussing about the time value of money, we are simply saying that it's better for one to have money today than wait till the future to have that particular amount of money. For example, if someone tells you to either collect $100 today or wait till next month to collect the $100 bill. According to the time value of money, it's better to collect it now as the person can invest with it and by the time it's a month, the value of the money will be more than $100.
The longer the time period that funds are invested, the greater the future value. This is because for example if for example one keeps $100 for 1 year at 6% per annum, the interest will be $6 for a year but if it's kept for 5 years, the simple interest will be $30.
This shows that the longer the time period that funds are invested, the greater the future value.
Answer:
Access and price relationships
Explanation:
Financial institutions - organizations operating in the financial and credit system. In the interpretation of the Western economic tradition, financial institutions are intermediaries between investors (households) and entrepreneurs (consumers of investments).
Financial markets are mechanisms that enable funds to be transferred from those with excess funds to those with few funds. Financial markets are divided into two as money markets and capital markets in terms of maturity. Money markets are markets where short-term funding supply and demand meet. Here, a short term is a year and a shorter term. Capital markets are the markets where long-term fund supply and demand are encountered. Here, long term is meant for over a year. Financial markets also provide low transaction cost value and prices that reflect the effective-market hypothesis.
We can think of basic relationships. The first concerns about the access. Financial institutions provide access to financial markets on behalf of investors seeking financial assets, such as institutional investors. The second relationship can often be claimed as "price." Financial asset prices (traded in financial markets), research and trading activities in financial assets, the actual cost or price of a particular asset affect the performance of financial institutions that affect the market outlook. For example, if a financial institution holds a significant stake in a particular company, it is a sign of markets (good or bad) and ultimately affects the price that a company is willing to pay for a financial asset. (e.g. stocks, bonds, etc.).
