Explanation:
The skilled workforce is related to the set of skills and knowledge that an individual has accumulated and that enables him to perform some function with technical knowledge and effectiveness.
The vocation can be understood as a personal inclination for the individual to choose to pursue a profession.
Therefore, vocation and training are related in the sense that when there is a vocation, there must be training for it to be legitimized.
An example of skilled labor can be the workforce in a civil construction, where each resource and technical skills must be employed in order for the final work to take place as planned in a safe and effective manner.
Answer: $800 since the benefit of one more unit goes to both individuals.
Explanation:
The benefit of one more public good will go to both Sam and Alex. For this reason, the total benefit is the sum of the benefits that go to the both of them.
Sam benefits $500 and Alex benefits $300.
= 300 + 500
= $800
$800 goes to the both of them and so is the social benefit of one more unit of the public good.
Answer:
Dr.Office Supplies, $110; Dr. Merchandise inventory, $140; Dr. Miscellaneous expenses, $70; Cr. Cash over and short, $4; Cr. Cash, $316
Explanation:
The journal entries are shown below:
1. Petty cash A/c Dr $400
To Cash A/c $400
(Being petty cash fund established)
2. Office supplies A/c Dr $110
Merchandise inventory A/c Dr $140
Miscellaneous expense A/c Dr $70
To Cash over and short A/c Dr $4
To Cash A/c Dr $316
(Being disbursement of cash recorded)
Answer:
The correct answer is d. "blue ocean strategy".
Explanation:
The strategy seeks to set aside competition between companies, expanding the market through innovation. What companies need to be successful in the future is to stop competing with each other. In the last twenty-five years, all strategic thinking has been directed to the red ocean; The administration defines that in the competition there is the success or failure of the companies, which has allowed many to know how to perform skillfully in this world, but ignoring that another type of strategy could generate better results, without worrying so much about the competition.
The red ocean represents all existing industries today. These companies must have clearly marked limits, as well as defined competencies, and their objective is to overcome the rival and gain a great position in the market. They are constantly exposed to the emergence of new competitors, which decrease their chances of growth. Usually, this type of ocean is the reality of every business.
