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telo118 [61]
3 years ago
12

During the recent economic downturn, your community has experienced unemployment rates of approximately 9%. What can be done to

mitigate the effects of the financial impact to your organization
Business
1 answer:
svlad2 [7]3 years ago
7 0

Answer:

Reducing the expenditures of the organization by cutting the cost in order to balance or be stable in the economic depression is the most important strategy so far.

Explanation:

Remedies to mitigate the effects of the financial impact to your organization caused due to economic downturn:

Reducing the expenditures of the organization by cutting the cost in order to balance or be stable in the economic depression is the most important strategy so far. Let's see how.

As we know the basic formula of financial management.

Financial Statement = Income + Expenditure.

Obviously, in the time of economic downturn or depression, the first thing and the most important thing is to cutting the unnecessary cost. To be in financial equilibrium, organization has to reduce its manpower. Reduce the defects as much as possible. Reduce wastage as much as possible. Lower the utility bills by reducing the use of unnecessary devices. Promotion of human resources and benefits plus bonuses must be held in abeyance in this difficult time. In this whole scenario, group leaders and higher authorities playing the role of leaders of the organization has the utmost responsibility to bring their employees and staff in confidence.  As a result, organization will undoubtedly survive the wave of depression in the long run.

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A monopolistically competitive markets:
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Answer:

d. may have too many or too few firms, but the government can do little to rectify the situation.

Explanation:

5 0
2 years ago
when executives confront an unfulfilled business need, they normally turn to ________ prepared by potential b2b marketers.
pentagon [3]

Executives turn to WHITEPAPERS prepared by potential b2b marketers to confront an unfulfilled business need.

  • The whitepapers contain useful information that will guide the executives to realize the business needs to fulfill for potential customers.  

  • The whitepapers are usually issued by the potential customer organization as a way of advocating clearly its position on a specified business problem.

  • The whitepapers provide the executives the guide they require to understand and solve business needs.

Thus, executives should turn to whitepapers prepared by potential b2b marketers to solve unfulfilled business needs.

Read more about the importance of market research at brainly.com/question/12435635

5 0
2 years ago
Customers are more likely to tell their friends about negative experiences with companies than positive ones because:
polet [3.4K]

There is more drama involved in unmet expectations.

The reason why customers are more likely to tell their friends about negative experiences with companies than positive ones is that humans often remember the hateful things said than the nice things

Also, when customers are satisfied with one's service, they rarely tell others. whereas an unsatisfied customer would tell others about his or her bad experience due to unmet expectations.

Logically, customers would have bigger impressions in their mind when they have bad experiences reason companies work on strengthening and improving their customer experience team.

Learn more at : brainly.com/question/11437477

8 0
2 years ago
Corn syrup and maple syrup are substitutes. News of health benefits from maple has increased the demand for maple syrup and decr
77julia77 [94]

Answer:

The equilibrium price of corn syrup will fall. The change in equilibrium quantity will depend upon the extent of change in demand and supply.

Explanation:

Corn syrup and maple syrup are substitutes.

News of health benefits from maple has increased the demand for maple syrup and decreased the demand for corn syrup.

The demand curve for corn syrup will move to the left.

Meanwhile, the government has subsidized corn crops. This will cause the price of corn to fall. As the input price declines the cost of producing corn syrup will decline as well. The firms will be able to provide more at the same cost.

This will cause the supply to increase. As the supply curve moves to the right. The equilibrium price of corn syrup will fall. The change in equilibrium quantity will depend upon the extent of change in demand and supply.

8 0
3 years ago
_____ can be disseminated using a variety of media or forms, including memos, letters, emails, instant or text messaging, faxes,
il63 [147K]

Answer:

b. Written communication

Explanation:

Written communication -

It refers to the written or typed manner of sending messages via bulletins , telegrams , reports , circular , letters etc , is referred  to as written communication.

  • This type of communication can have the record for future reference .
  • It is a fast way of to transfer any data or information.
  • The method is less flexible.
  • The method can be used for any type of legal documentation.
  • It is perfect for long distance communications.
  • The communication can be done with many person at one time.

Hence , from the given information of the question,

The correct term is b. Written communication.

It is a formal method of communication and is less flexible. A written document preserved properly becomes a permanent record for future reference.

4 0
3 years ago
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