Answer:
1.) Unemployment caused by recessions. CYCLICAL unemployment.
2.) Unemployment that normally occur due to turnover as workers switch jobs. FRICTIONAL unemployment.
3.) The unemployment that still exists when the economy is operating at its full potential. NATURAL unemployment.
Explanation:
Cyclical unemployment is a generalized challenge faced by the work force of a country where there is job scarcity due to a recession.
Frictional unemployment is the period within which a worker isn't employed, as he/she switches from one job to another.
Natural unemployment is the inability of a individual to secure a job in a balanced economy.
rent
car payment
gym membership dues
c. the association of homeowners in the condominium.
d. Michael and the owners of the units in the condominium in the form of undivided percentage interest.
Answer:
D) Michael and the owners of the units in the condominium in the form of undivided percentage interest.
Explanation:
A condominium property is a single and individually owned unit within a multi-unit building, e.g. a single apartment in an apartment building. The condominium owner possesses the property title of the unit, and is the joint owner of the common areas, e.g. elevator, halls, stairs, swimming pool, recreation centers, etc. The common areas are defined as the entire residential development, less the individual condominium units. The possessions of the common areas is in the form of undivided percentage interest, so no individual owner can sell or trade his ownership of the common areas.
Answer:
False
Explanation:
Operational efficiency: It is defined as group of strategy and technique that management implement to produce goods and services at a cost-effective method, at the same time maintaining the standard and quality of product. The ratio of operational efficiency is measured by dividing total operational expenses with total revenue, it help to find the efficiency of the production or operation. It is helpful in improving process of production as well help in gaining more profit.
In the given situation, It is false to say that implementing operational efficiency can be expensive.
The example of aligning compensation with company performance is a major league baseball manager who is paid based on his team's winning percentage.
This is because the manager's success is directly tied to the team's success, which in turn, affects the financial performance of the team and the company as a whole.
By compensating the manager based on winning percentage, the company ensures that the manager has a strong incentive to make decisions that will benefit the team's performance, such as selecting the best players, making strategic moves during games, and fostering a positive team culture.
On the other hand, the other examples provided do not necessarily align compensation with company performance.
An hourly worker for a retail company who is paid for time spent working does not have a direct impact on the company's financial performance, as their compensation is not tied to the company's revenue or profitability.
A salesperson for a manufacturer who is paid a commission based on her individual sales may have some alignment with company performance, but it still depends on the salesperson's individual efforts rather than the overall success of the company.
Similarly, a program director for an event company who is compensated based on the number of participants in individual events he organizes may have some alignment with company performance, but it may not reflect the profitability of the company as a whole.
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Answer:
The COQ is -$10,000
Explanation:
The COQ can be represented by the sum of two factors: Cost of Good Quality and Cost of Poor Quality.
The Cost of Good Quality (CoGQ) includes the prevention and appraisal cost and the Cost of Poor Quality (CoPQ) includes internal and external failures.
The formula of COQ is:
COQ = CoGQ + CoPQ
If
CoGQ= $10,000 + $ 50,000 = $ 60,000
and
CoPQ= -$30,000 - $ 40,000 = -$ 70,000
CoPQ values are negative because they are reductions of wate and returns of bad products
then:
COQ= $ 60,000 - $ 70,000
COQ= -$ 10,000