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alekssr [168]
3 years ago
6

Inflation affects the real value of future dollars and can therefore make signing long-term wage and loan agreements seem risky.

This illustrates the issue of
Business
1 answer:
Archy [21]3 years ago
6 0

Answer:

future price uncertainty

Explanation:

Inflation is a persistent rise in the general price levels

Types of inflation

demand pull inflation – this occurs when demand exceeds supply. When demand exceeds supply, prices rise

cost push inflation – this occurs when the cost of production increases. This leads to a reduction in supply. Higher prices are the resultant effect

Shoe leather cost is when people try to spend money immediately so they would not be holding money for a long time. This is because money loses its value in an inflation.

Menu costs are the costs of changing price constantly as a result of inflation, When there is inflation, prices increases regularly. As a result prices needs to be updated regularly.

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Stan read an ad in the newspaper which said that the jackpot for picking the six winners in the dog race on the last night of th
likoan [24]

Find the given attachment

6 0
4 years ago
A conflict of interest between the stockholders and managers of a firm is referred to as the:________
GalinKa [24]

A conflict of interest between the stockholders and managers of a firm is referred to as the agency problem (option c).

<h3>What is the agency problem?</h3>

The agency problem  is a conflict of interest between the managers of the company and the principal (shareholders). The agency problem

occurs when the interest of the managers and the shareholders are not aligned.

For example, if the income of managers are tied to net income, it might  motivate managers to undertake risky projects that might not maximise shareholders wealth. This would lead to agency problem.

To learn more about agency problem, please check: brainly.com/question/16834354

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3 0
2 years ago
Job design refers to the process of defining the way work will be performed and the tasks that will be required in a given job.
miskamm [114]

Answer:

1. The main priority for workers at a manufacturing facility is to maximize efficiency.

Industrial engineering. Because it is designed to increase efficiency..

2. A trucking firm is adding an air-suspension seat to its new line of trucks to help prevent drivers from experiencing chronic back pain.

Ergonomic. Because this structure is designed to increase health and safety.

3. A construction company is improving absenteeism and worker satisfaction by decreasing the amount of heavy lifting and overhead work expected of employees.

Ergonomic.The same goes about ensuring safety and health.

4. A smoke alarm manufacturer increases employee task significance by showing workers how their work contributes to the final product, which can ultimately save lives.

Motivation. Because this covers work enhancement, flexibility and more.

5. A clothing manufacturer is expanding to developing countries where employees will receive training on the single best way to produce each item of clothing.

Industrial engineering. Because it is used to increase efficiency.

6. A local coffeehouse is designing its jobs to ensure that employees do not feel pressure to process information beyond their capabilities.

Mental capacity. Since the boundaries and constraints of mental health are measured.

7. Librarians at the local library are being trained and motivated to be more involved with their job and decision making.

Motivation. Because this covers work enhancement, flexibility and more.

8. A medical services company is considering employee cognitive capabilities and limitations while in the process of redesigning jobs.

Mental capacity. Since the boundaries and constraints of mental health are measured.

6 0
3 years ago
Which one of the following firms would be described as having below-average sensitivity to the state of the economy?
Wewaii [24]

Answer: A) A defensive firm

Explanation:

Defensive firms have a below-average sensitivity to the state of the Economy which is shown by them maintaining stable returns regardless of if the Economy is in boom or in a recession.

Because of this their stock are highly sough after in Recessions as opposed to Booms because in Recessions they offer better returns than other types of firms but in Booms they will offer lower.

Examples of such firms include those that supply human necessities such as electricity and water.

4 0
3 years ago
"Two unrelated persons (Person A and Person B) come into your branch office to open a new account. They tell you that the funds
wariber [46]

Answer: Individual account in the name of Person A with a Third Party Trading Authorization granted to Person B

Explanation:

An account that has two or more signatory is known as a joint account. When this account is opened, both parties or all signatory to the account will have to either be physically present or would provide details about about themselves to be used for opening of the account. The account is then opened and all signatory to the account can access and be informed about every detail about the account as there is no preference of one person over the other.

7 0
4 years ago
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