Answer: B; Ratings of employee traits are not effective measures of performance.
Explanation:
The performance of an employee in their work environment should be measured on how they perform their job duties. A persons traits can be more or less linked to some performance but it will be dependent on the leader's situation. Everyone has different traits in any job and each should be measured differently not together.
Some types of performance based appraisal systems will attempt to force management rate the employees on their actions and not their traits. By doing this, it will improve the companies performance ratings.
Hi, you've asked an unclear question. However, I assume you're referring to levels of college selectivity.
Three levels of selectivity (college selectivity) are:
Most selective
Extremely selective
Very selective
Most selective: Colleges with this level of selectivity are said to accept fewer than 15% of all applicants, examples include, Harvard University, Johns Hopkins University, Stanford University
, Massachusetts Institute of Technology.
Extremely selective: Colleges with this level of selectivity are said to accept fewer than 35% of all applicants. Institutions under this category include Boston University, New York University, Georgia Institute of Technology, etc.
Very selective: The Colleges under this category accept fewer than 50% of all applicants. Examples are George Washington University, Kenyon College, Lafayette College,
North Carolina State University, etc.
These are some of the selectivity levels, you could find more Information from other online resources.
Answer:
B
Explanation:
Since demand increased more people want it, which would make it more logical to increase the price
Answer:
the variable cost is $4,025,000
Explanation:
The computation of the variable cost is as follows:
Given that
Sales units = 350,000 units.
Sale Price = $19.50.
Fixed cost = $1,225,000.
Pre tax income = $1,575,000
Based on the above information
Sale Value is
= 350,000 units × $19.50
= $6,825,000.00
Now
Contribution Margin is
= Sales - Fixed cost
= $6,825,000 - $1,225,000
= $5,600,000
And,
Variable Cost is
= Contribution margin - Pretax income
= $5,600,000 - 1,575,000
= $4,025,000
hence, the variable cost is $4,025,000
Answer:
PED = -0.4 or |0.4| in absolute terms
Explanation:
price elasticity of demand (PED) = % change in quantity demanded / % change in price
- % change in quantity demanded = [(30 - 50) / 50] x 100 = -40%
- % change in price = [($24 - $12) / $12] x 100 = 100%
PED = -40% / 100% = -0.4 or |0.4| in absolute terms
the demand is price inelastic since |0.4| < 1
this means that the change in quantity demanded is proportionally less than the change in price.
