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Yes number 1 is correct and 2 is correct and the rest
Structured interviews are more formal interview processes where questions are typically created in advance and scoring systems are used to evaluate candidates. Unstructured interviews usually involve less formal conversations with candidates, and the question and answer part of the interview is generally more spontaneous.
A major benefit of a structured interview process is that you know there is greater consistency in the tools used to compare candidates. By using the same format and questions, the interviewer can compare each candidate's approach and answers under the same microscope lens. While candidates sometimes react differently to this style, it works well for an interviewee to show off technical proficiency for a technical position.
Unstructured interviews typically allow for more personal interaction and rapport-building with hiring managers. While the objective of an interview isn't to make a new friend, it does help the hiring manager to see if he would enjoy working with you. You can also give the interviewer a better sense as to whether you would fit into the existing group of employees. Plus, building rapport, such as in sales and service jobs, is often important in the job and should be part of the assessment.
Answer:
While setting the price of a product, managers must consider all of the following: A) cost of the whole marketing mix B) buying capacity of the customers C) profit it should bring the company D) transportation cost E) personnel cost to the company
Explanation:
Key factors in calculating the sale price can be:
- Costs are a major factor in determining the selling price and a way of forming a price that is primarily related to costs called “ground” because it represents the minimum at which the price can be set. It includes cost plus other costs with no projected or minimal profit;
- Demand/buying capacity as a key factor in price calculation is tied to a method called the "ceiling" because capacity exceeds the price limit that customers are willing to accept to get a product or service.
- Competition as a pricing factor refers to alternatives that customers can choose from, and competition allows them to do so;
Cost-based pricing has its sub-methods such is Cost plus method
The basic principle is to add a rate of profit to the sum of direct and indirect costs. This way price consider a profit to it should bring to company.
Direct costs include material and labor costs, and indirect or general costs comprise a portion of fixed indirect costs such as depreciation, administration costs, sales costs and other general costs.
Formula: price = Direct costs + Indirect costs + Rate of profit
Answer:
Entry is given below
Explanation:
As Givens brick company is paying off the liability of note payable and the interest amount therefore, it will be debited as it is a decrease in liability. Cash will be credited as it is our asset and its decreasing.
Entry DEBIT CREDIT
Notes payable $600,000
Interest $36,000(w)
Cash $636,000
Working
Interest = $600,000 x 8% x9/12
Interest = $36,000
