Answer: False
Explanation:
A perfectly competitive market has the following characteristics,
a. Free entry and Exit
b. Sellers sell identical goods and services
c. Sellers and buyers are price takers
d. Many buyers and sellers
e. Perfect information
Gas and Electricity do not exhibit the two primary characteristics of perfectly competitive markets. This market has characteristics of a monopoly. Entry is restricted and the there are not many sellers.
Answer:
Results are below.
Explanation:
<u>First, we need to calculate the money required at the time of retirement:</u>
FV= 240,000*25= $6,000,000
<u>Now, using the following formula, we can determine the annual investment:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (6,000,000*0.039) / {[(1.039^17) - 1]
A= $255,373.88
Answer:
The pros and Cons of Mr. Leeson's frequent career and the Japanese employee with a lifetime corporate loyalty can be summarized as follows:
Explanation:
Frequent career moves also known as Job hopping was initially viewed as a negative behavior that doesn't portray loyalty while Lifetime employment in one establishment seemed commendable.
However, in recent times, studies has shown that the premise above is not true. There are pros and cons for each of them.
PROS
- Frequent career change promotes acquiring new skills, experiences and competences to handle complex tasks and lifetime corporate loyalty encourages specialization in one field.
- Frequent Career Change fosters swift career development and advancement while lifetime corporate loyalty promotes internal advancement opportunities and promotional offers
CONS
- Frequent career change does not portray a good image before employers and human resource experts, It can be viewed as poor work ethic while Lifetime corporate loyalty causes complacency and inhibits acquisition of career advancement skills.
Answer:
A presentation.
Explanation:
Presentation can be defined as a process of dispensing information about a particular topic to a group of audience. This type of communication channel helps to inform and inspire individuals about a new idea.
Presentation is used to engage the audience about new projects and strategies that should be carried out to ensure the overall growth of the business.
In the scenario above, Abril needs to use a presentation to communicate to her team the strategies she wants to employ inorder to increase productivity.
Answer:
<em>Workplace MIS monitoring</em>
Explanation:
Employee monitoring <em>is the act of using different workplace tracking techniques to collect data about personnel members ' practices and positions.
</em>
In order to enhance efficiency and safeguard company assets, companies track their staff. First of all, the primary purpose is to avoid inexcusable conduct and, if the attempt fails, to reduce the conduct before it could have an adverse impact on the company.
