Match the definition with the correct type of unemployment. Not all items will be used.Unemployment caused by recessions.
Unemployment that normally occur due to turnover as workers switch jobs.
The unemployment that still exists when the economy is operating at its full potential.
Fictional Unemployment
Frictional Unemployment
Cyclical Unemployment
Natural Unemployment
Efficient Unemployment

Answers

Answer 1
Answer:

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.


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Mass production requires all of the following excepta. division of labor b. interchangeable parts c. assembly line d. training in each part of production
On which kinds of goods do governments generally place price ceilings?

Which of the following is an example of a fixed variable cost?utility bill

rent

car payment

gym membership dues

Answers

utility bill, due to its fluctuation.

Michael purchased a condominium unit in the Eagle Rock complex. The complex includes a number of common facilities such as an outdoor swimming pool, recreation center, tennis courts, and walking trails. Under the typical condominium arrangement, these common elements are owned bya. a corporation in which Michael and the owners of the other units in the condominium own stock.b. Michael and the owners of the other units in the condominium in the form of divided interests.
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.

Answers

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.

Although it can be expensive for businesses to implement operational efficiency, this cost produces greater quality results. For organizations with multiple divisions, developing processes once and repeating them saves time. True False

Answers

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.

one way to resolve agency problems is to align compensation with company performance. which of the following is an example of such alignment? group of answer choices an hourly worker for a retail company who is paid for time spent working a major league baseball manager who is paid based on his team's winning percentage a salesperson for a manufacturer who is paid a commission based on her individual sales a program director for an event company who is compensated based on the number of participants in individual events he organizes

Answers

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.

To know more about compensation refer here :

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Why might a newlywed chinese couple receive the gift of a scroll painting with peonies?

Answers

In China, Peonies is considered as the most dignified and elegant flowers.

It's a common tradition in china to give a newlywed coupe a scroll painting of peonies. It symbolized the wish of success in romance, Happy Marriage, Honor, and wealth

The Cost of Quality, COQ, is the difference in the cost of prevention and the cost of failure. If a quality program costs $10,000 to plan and $50,000 to administer, what is the COQ of the program reduces waste by $30,000 and returns of bad products by $40,000

Answers

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