This is because the unemployment rate give only takes into account people that are unemployed and are looking for work. It does not account for those that are unemployed and have given up.
ex) A woman who looses her job because of technological advances is looking for work and is considered unemployed (taken into account), however a man who has tried looking for work after he was laid off has given up (not counted)
ex) A woman lost her job during the depression and cant seem to get a job with her limited skills. She has given up and is not counted in the unemployment rate
Answer:
c. 2.50 years
Explanation:
In the payback, we analyze in how many years the invested amount is recovered. The computation is shown below:
In year 0 = $500
In year 1 = $150
In year 2 = $200
In year 3 = $300
If we sum the first 2 year cash inflows than it would be $350
Now we deduct the $350 from the $500 , so the amount would be $150 as if we added the fourth year cash inflow so the total amount exceed to the initial investment. So, we deduct it
And, the next year cash inflow is $300
So, the payback period equal to
= 2 years + ($150 ÷ $300)
= 2.50 years
In 2.50 yeas, the invested amount is recovered.
Answer:
customer group
Explanation:
Customer departmentalization is where the organization’s activities are ready to respond to and interact with specific customers or customer groups.
This organizational form is used when great emphasis is placed on effectively serving different customer types.
If Southeastern Bank organizes its loan operation based on customers group, this will allow Southeastern Bank to better serve borrowers with different needs by offering customized loan arrangements according to the customers preferences.
<u>Advantages of customer departmentalization
</u>
- Encourages concentration on customer needs.
- Gives customers feeling that they have an understanding supplier (banker).
- Develops expertness in the customer area.
The involvement factors would be the price of the computer, the style, the model, and the things you could do with the computer.
