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sammy [17]
3 years ago
6

why do you think business organization need to hire people? write at least three sentence in your answer sheet.pls​

Business
2 answers:
Taya2010 [7]3 years ago
4 0
Businesses need to hire people so that they have workers to do the job for the company..

i hope this helped.. and i hope you have a good dayy <33
vladimir1956 [14]3 years ago
3 0

Answer:

So why does a company hire a person?

Explanation:

It isn’t to have more people around. The goal of any company isn’t to rack up its number of employees. In fact, the goal of most companies is generally the exact opposite to that, to have the fewest employees possible it needs to be successful.

Less and less do companies hire because they need a very specific task done. In the days of old, companies would hire someone to do the same task over and over again, like hammering the same nail to connect the same two parts all day long. Most of those jobs now are automated, as employers have found cheaper and often more productive alternatives to humans for that work.

No, to understand why employers hire, instead of just using a piece of software or a robot, one first has to understand the unique value proposition a human has. What is it? Well, really it has everything to do with our brain, and our unique ability to conjure up creative solutions to complex problems.

An employer hires a person because their unique value proposition, i.e. generally their ability to think, fixes a business problem they face and there are no other cheaper or more effective alternatives.

For example, a company hires a marketer because they face a business problem: a lack of customers. The marketer’s job is to increase the amount of customers anyway they can, whether it be through email marketing, social media, publicity stunts, etc. The marketer’s job is to constantly solve a problem – in this case getting more customers – that cannot be solved by a machine.

Because most of the jobs that require minimal thought have become or soon will become automated, the jobs that are left require someone who is creative, can learn quickly and is always willing to adapt to new problems thrown their way. So the question therein lies for the employer: how do you figure out who those people are?

The answer is not to look at a pile of resumes and select the two or three best to bring in for an interview. The answer is to screen all candidates through an interview, perhaps best done using a program like VoiceGlance, and ask them challenging questions that reveal those candidates’ line-of-thinking. With that information, companies can discover the employees they really want – the problem solvers – who will lead them to success.

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Which of the following is a disadvantage of a questionnaire?
Deffense [45]

The sentence that shows the disadvantage of a questionnaire is option D. The sample of individuals who respond may not be representative of the population.

<h3>What is a questionnaire?</h3>

A questionnaire is a set of printed or written questions with a choice of answers, devised for the purposes of a survey or statistical study.

Therefore, the correct answer is option D. The sample of individuals who respond may not be representative of the population.

learn more about questionnaire: brainly.com/question/25257437

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6 0
2 years ago
Assume that Jing Company earned $29,400 cash revenue and incurred $18,500 in cash expenses in Year 3. The company uses the strai
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Answer:

Explanation:

In every single company, the main aim of installing an office equipment is to make profit. After the office equipment made a revenue of $29400, Jing Company incurred expenses of $18500. The value of the equipment was $29400- $18500= $10900. It was sold for $10400 meaning that the net income of the equipment was $10400-$10900= -$500. Therefore, it will incur a net loss of $500.

8 0
3 years ago
Suppose a country has a national debt of $5,000 billion, a gdp of $20,000 billion, and a budget surplus of $130 billion. how muc
Mrac [35]
<span>a contractionary fiscal policy that will shift the aggregate demand curve to the left by an amount equal to the initial change in investment times the spending multiplier.</span>
6 0
3 years ago
If two individuals are licensed in the same line with two different companies join together to sell a policy, the commission can
NISA [10]
<h3><u>Answer:</u></h3>

The commission can be shared between the two agents.

<h3><u>Explanation:</u></h3>

Many times different companies collaborate with each other to sell a particular policy to maximize their profits. When there are two agents licensed in the same line and when the two companies collaborate to sell a policy then the commission is shared  between the agents.

This is because they will work together for the profits and that when the two companies collaborate they become one to sell the policy. The agents work together and the commission is given to them as a whole. This is a common practice when two companies work together.

4 0
3 years ago
You are planning to save for retirement over the next 30 years. To save for retirement, you will invest $800 per month in a stoc
Svetach [21]

Answer:

Ans. You withdraw each month from your account, for 300 months (25 years) $1,118.03 taking into account the expected inflation rate.

Explanation:

Hi, ok, first, we need to find out how much money will you have after saving in both accounts for 30 years, for that, we need to use the following equation and solve for FV (future value).

FV=\frac{A((1+r)^{n}-1) }{r}

Where, A is the amount saved in the account, r is the interest rate that it pays, n are the yearly equal payments, in our case 30. Everything should look like this in the case of the stock account.

FV=\frac{800((1+0.11)^{30}-1) }{0.11} = 159,216.70

In the case of the bond account it should look like this.

FV=\frac{400((1+0.07)^{30}-1) }{0.07} =  37,784.31

This means that after 30 years you will have $197,001.02

Now, we need to find the amount of monthly withdraw that you can make given the money saved, but in order to take into account the time value of money, we need to use the real rate of return and not the nominal rate of return (9%, when you gather all your money and send it to another acoount). Therefore, we have to find out the real rate of return, like this.

Real(r)=\frac{[1+Nominal(r)]}{[1+Inflation(r)]} -1=\frac{(1+0.09)}{(1+0.04)} -1=0.0481

This is 4.81% effective annual rate, but we need this rate to be effective monthly, that is:

r(monthly)=(1+r(annual))^{\frac{1}{12} } -1=(1+0.0481)^{\frac{1}{12} } -1=0.0039

That is 0.39% effective monthly, and we have to use the following equation with n=300 months, r=0.0039, PV= $197,001.02 and solve for A.

PV=\frac{A((1+r)^{n} -1)}{r(1+r)^{n} } =\frac{A(2.234662443)}{0.012682296} =A(176.2032975)

197,001.02=A(176.2032975)

A=1,118.03

Best of luck

7 0
3 years ago
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