Discuss the unemployment rate between 2020 and 2021 and what is the
factors that cause the problem? Provide the answers with reality
example.(Essey)
Answers
The COVID-19 pandemic had a profound impact on the global economy, including a significant rise in unemployment rates in many countries. The period between 2020 and 2021 witnessed a sharp increase in unemployment due to the pandemic-induced economic downturn. This essay will discuss the unemployment rate during this period and the factors that contributed to the problem, supported by real-world examples.
One of the primary factors leading to increased unemployment was the implementation of lockdown measures and restrictions to control the spread of the virus. Many businesses, particularly those in sectors such as hospitality, tourism, and retail, faced closures or reduced operations, resulting in mass layoffs. For instance, the travel industry experienced a severe downturn, leading to job losses in airlines, hotels, and related services. In April 2020, the United States recorded an unemployment rate of 14.8%, reflecting the impact of widespread business closures.
Another factor was the disruption of global supply chains. With international trade restrictions and manufacturing slowdowns, industries relying on imports or exports faced challenges, leading to job losses. For example, the automotive industry witnessed factory closures and reduced production, resulting in layoffs of workers and decreased employment opportunities.
Additionally, changes in consumer behavior and reduced demand for certain goods and services contributed to unemployment. With people practicing social distancing and prioritizing essential purchases, sectors like entertainment, non-essential retail, and restaurants faced reduced demand and subsequent job cuts. Many individuals working in these industries experienced prolonged unemployment as they struggled to find alternative employment opportunities.
Furthermore, the shift towards remote work and automation accelerated during this period, leading to job displacement. Companies adopted digital technologies and streamlined operations, resulting in reduced manpower requirements. This trend affected various sectors, including administrative, customer service, and even professional services, where remote work became feasible.
In conclusion, the unemployment rate surged between 2020 and 2021 due to multiple factors associated with the COVID-19 pandemic. Lockdown measures, supply chain disruptions, changes in consumer behavior, and the accelerated adoption of automation all played a role in the increase in job losses. The real-world examples mentioned, such as the travel industry downturn and the impact on retail and hospitality sectors, provide tangible evidence of the unemployment problem. Governments and policymakers implemented various measures to mitigate the impact and support affected individuals, such as unemployment benefits and stimulus packages, aiming to revive the economy and stabilize employment in the long run.
To learn more about, Global Economy, click here, https://brainly.com/question/10776167
#SPJ11
Related Questions
are good oppurtunities always spotted quickly or they often left unrecognized ?
Answers
Answer:
often left unrecognised
Answer:
Spotted quickly
Explanation:
Financial accountants:_________
a) provide information to external entities that allows them to evaluate business performance.
b) summarize the company's production activities in a way that allows managers to make decisions.
c) have a primary focus on providing managers within the organization with reports to make good business decisions.
d) work with government lobbyists to push for more favorable accounting regulations.
Answers
Financial accountants—summarize the company's production activities in a way that allows managers to make decisions.
What are financial accounts?Financial accounts are the accounts that show the profit and loss, expenses and savings, assets and liability, debts and outstanding amount.
Financial accounts help the company to take the future decision that is based on the previous occurrence in the organization. Some of the financial accounts are cash flow statement profit and loss, balance sheet and others.
Thus, option B is correct.
For more details about Financial accounts, click here:
https://brainly.com/question/18188148
#SPJ1
MyLife Chronicles Inc. budgeted production of 238,900 diaries in 2016. Paper is required to produce a diary. Assume five square yards of paper are required for each diary. The estimated January 1, 2016, paper inventory is 32,400 square yards. The desired December 31, 2016, paper inventory is 30,800 square yards. Paper costs $0.30 per square yard. Each diary requires assembly. Assume that six minutes are required to assemble each diary. Assembly labor costs $12.00 per hour. Prepare a cost of goods sold budget for MyLife Chronicles Inc. using the information above. Assume the estimated inventories on January 1, 2016, for finished goods and work in process were $25,000 and $19,000, respectively. Also assume the desired inventories on December 31, 2016, for finished goods and work in process were $31,500 and $16,700, respectively. Factory overhead was budgeted at $197,100. Round your interim calculations to nearest cent, if required.
Answers
The cost of goods sold budget is a financial plan that estimates the total expenses associated with producing goods for sale during a specific period.
It includes direct costs like materials, labor, and overheads, helping businesses forecast and manage their costs to determine profitability and pricing strategies.
A Budgeted production $ 238,900 diaries
B Material required per unit 5 sq yards
C = A x B Total material required for production 1,194,500 sq yards
D Desired to end inventory of material 30,800 sq yards
E = C+D Total material needed 1,225,300 sq yards
F Beginning inventory of material 32,400 sq yards
G = E - F Material quantity to be purchased 1,192,900 sq yards
H Cost per unit of material $0.30 per sq yards
I = G x H Direct material purchase cost $357,870
Learn more about cost of goods sold budget here
https://brainly.com/question/32669327
#SPJ12
Which unemployment rate do most economists consider to be acceptable in the United States?
a) 0 percent
b) 5 percent
c) 10 percent
d) 20 percent.
Answers
Most economists believe that the unemployment rate of the U.S. should be b. 5% or below.
What is Unemployment ?Percentage of the labor force that is not working. Includes only those who are actively looking for work.For an economy as developed as the U.S., economists believe that there should be enough jobs such that the unemployment rate doesn't pass 5% at any given time save for severe economic shocks.
In conclusion, option B is correct.
Find out more on U.S. unemployment at https://brainly.com/question/14629507.
How does APR make borrowing money a more transparent process?
Answers
The interest rate on a credit card is known as the APR. It is the annual percentage rate of interest that you will be charged if you carry a balance, and it frequently changes from card to card.
What is APR stand for?The Accreditation in Public Relations (APR) accreditation distinguishes you from your colleagues and positions you as a leader and mentor in the cutthroat public relations industry by vouching for your ambition, professionalism, and ethical standards.
Is the accuracy of loan comparisons improved by APR?The cost of borrowing money is determined by the interest rate, but because the APR also accounts for additional fees related to getting a loan, notably a mortgage, it provides a more accurate picture of overall borrowing costs.
To know more about APR visit:-
https://brainly.com/question/14184570
#SPJ1
PLS HELP 60 POINTS BRAINLIEST FOR CORRECT
Not sure what subject really
Match each definition to the relevant economic indicator.
1. The total market value of all the finished goods and services of a country
2. The total quantity of goods produced in a country divided by its total population
3. The percentage of a population who are looking for a job but cannot find one
4. The rate at which the prices of goods and services increase
a. Unemployment rate
b. Inflation rate
c. Gross domestic product per capita
d. Gross domestic product
Answers
Real GDP - measure of economic output adjusted to inflation or deflation
Nominal GDP - measure of economic output before adjusting for inflation
Gross National Product - right measure of a country's economic output produced all over the world
GDP - Right measure of a country's output, income and expenses
NEXT
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Net export = exports imports
When exports exceed import there is a trade deficit and when import exceeds import, there is a trade surplus.
Nominal GDP is GDP calculated using current year prices while Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation.
Answer: Pairs
measures general price changes occurring
in an economy
consumer price index (CPI)
the total dollar amount of all goods,
services, and structures (buildings)
produced within a country in a year
gross domestic product (GDP)
when one country or organization has
the ability to produce a good or service
at a lower cost than competitors
comparative advantage
an increase in the supply of currency
that results in a decrease in the currency's
value and higher prices
inflation
the result of an alternative option that
is lost because you chose a different plan
opportunity costs
Explanation:
plato
The following events took place at a manufacturing company for the current year: (1) Purchased $95,000 in direct materials. (2) Incurred labor costs as follows: (a) direct, $56,000 and (b) indirect, $13,600. (3) Other manufacturing overhead was $107,000, excluding indirect labor. (4) Transferred 80% of the materials to the manufacturing assembly line. (5) Completed 65% of the Work-in-Process during the year. (6) Sold 85% of the completed goods. (7) There were no beginning inventories. What is the journal entry to record the direct labor costs for the period
Answers
The journal entry to record the direct labor costs includes a Debit to Work-In-Process Inventory and Credit to Wages Payable.
Basically, in manufacturing account, the Direct labor cost refers to the wages/salaries that are incurred in order to produce/provide goods or services to customers
In order to record the direct labor costs for a period, the journal entry will includes a Debit to Work-In-Process Inventory and Credit to Wages Payable.
in this question from Number 2, the incurred direct labor costs is $56,000. Therefore, there will be a Debit of 56,000 to Work-In-Process Inventory and Credit of $56,000 to Wages Payable.
Learn more about this here
brainly.com/question/18523444
Discuss about the main types of fish available in Nepal.
Answers
Answer:
There are many types of fish in nepal but and seven of the major types are:-Mola carplet (Amblypharyngodon mola)
Mola carplet (Amblypharyngodon mola)Bighead carp
Mola carplet (Amblypharyngodon mola)Bighead carp Jaya or Mara
Mola carplet (Amblypharyngodon mola)Bighead carp Jaya or Mara Aspidoparia morar
Mola carplet (Amblypharyngodon mola)Bighead carp Jaya or Mara Aspidoparia morarBarred baril
Barnaby baril
Hamilton's barila
Explanation:
I am sure to will get 6 marks out of 6 marks if you submit this answer!
Which of the following is the most common traits of entrepreneurs? A. Passionate B. Risk-taker C. Independence D. Self-assured
Answers
Answer:
A. Passionate
Explanation:
Hope this helps
Answer: independence
Explanation:
Explain why unions have declined in power in the last few decades.
Answers
Answer: See explanation
Explanation:
There are a number of reasons for the reduction in the power of unions in the last few decades.
One reason attributed to this is due to the shift in the composition of the economy of the United States. Nowadays, there are more people whom work in the service industries, and these sector usually have lower unionization rate.
Also, there is a reduction in the number of unions in the ndustrial sector. Some states have a right to work laws in place which has also led to reduction in the power of the unions.
Lastly, thecemployer reactions are also a contributory factor as they're more aggressive so as to keep unions from their companies.
Asset Allocation Model In this section use the investor profile below to develop an asset allocation model dividing the investments into cash, fixed income, equity and speculative. Explain your choices. Your asset allocation must contain at least one type of investment from each of the cash and fixed income categories. Your asset allocation model must have at least two equity investments. Speculative investments should be considered for high-risk investors. The costs of the investments should be identified. There is no limit on the number of investments chosen but each should be chosen for a specific reason. A proper analysis includes an economic analysis, industry analysis and company specific analysis. Describe the strategy chosen for your investment purchases. Discuss real events which took place to make you alter any decisions and why it made you take a different course of action. Reference news articles and websites to illustrate your course of action. Criteria: Have you shown an understanding of risk, liquidity, return and time frame in selecting an asset allocation? Have you offered clear and objective evidence to support your asset allocation? Have you adhered to the required number of investments for each investment category? Do you offer reasons why one investment was chosen over another? Is there diversity within the category and a reason for that diversity? Do the choices reflect research?
Answers
In The Asset Allocation, Growth investment: which employs fundamental analysis, is one of the oldest and most basic types of investing. As a result, considerably more immediate changes may be useful. You have the option of employing leverage with your money.
The Asset Allocation Model is similar to purchasing good quality products . You don't need anything ostentatious or one-of-a-kind.
Growth investment: which employs fundamental analysis, is one of the oldest and most basic types of investing. As a result, considerably more immediate changes may be useful. You have the option of employing leverage with your money.
Invest and Hold: Rather than "timing the market," investors who buy and hold believe that "time in the market" is preferable. If you use this method, you will be able to buy securities and retain them for a long period.
Therefore, Growth investment and Invest and Hold are the option of employing leverage with your money.
Learn more about Asset allocation here,
https://brainly.com/question/32157580
#SPJ12
Legal cost is to be distributed among manufacturing, selling and administration in the ratio of 4/9 to 2/3 to 3/7. If the total cost was $13,483, how should it be distributed to these departments?
Answers
Answer:
To distribute the legal cost among the manufacturing, selling, and administration departments, we need to calculate the amount allocated to each department based on their respective ratios.
Let's denote the legal cost allocated to manufacturing as M, to selling as S, and to administration as A.
The given ratio states that the manufacturing department's share is 4/9, the selling department's share is 2/3, and the administration department's share is 3/7.
To calculate the allocation, we need to determine the fraction of the total cost that corresponds to each department. The sum of these fractions should equal 1.
Let's set up the equation:
(M / Total Cost) + (S / Total Cost) + (A / Total Cost) = 1
We are given that the total cost is $13,483, so we can substitute this value into the equation:
(M / 13483) + (S / 13483) + (A / 13483) = 1
Now, let's write the equation for each department based on their respective ratios:
M / 13483 = 4/9
S / 13483 = 2/3
A / 13483 = 3/7
We can solve these equations to find the allocation for each department.
Calculating the manufacturing department's share:
M / 13483 = 4/9
M = (4/9) * 13483
M = 5970.44
Calculating the selling department's share:
S / 13483 = 2/3
S = (2/3) * 13483
S = 8988.67
Calculating the administration department's share:
A / 13483 = 3/7
A = (3/7) * 13483
A = 5787.43
Therefore, the legal cost should be distributed as follows:
Manufacturing department: $5,970.44
Selling department: $8,988.67
Administration department: $5,787.43
https://brainly.com/question/32719184
#SPJ11
It Takes a Village!
Required Materials
Word processing software
Have you ever heard of an all-inclusive vacation? There are some resorts that offer everything—hotel, food, entertainment, and tours. What about the huge floating resorts that many have found appealing—cruises? To make these operations run smoothly and allow guests to have the best getaway experience they can, many different jobs are required. Most of these jobs can be found in the career clusters we learned about in our unit.
In this activity, you will pick one type of all-inclusive vacation. Research an example of the vacation destination you have in mind and list the amenities that are offered. See if you can identify at least two careers from the Arts, AV Technology & Communication Cluster and two from the Hospitality & Tourism Cluster that all work together in this resort. For each one of your four careers, take a few minutes to research more about the role they play, as well as what a person would need to do to get started in this career path. Let's consult our handy reference, the Bureau of Labor Statistics' Occupational Outlook Handbook, once again to find more information. This time check out the headings “How to Become One,” “Pay,” and “Job Outlook” for each career you choose.
Once you have gathered the career information on the professionals you might find in your all-inclusive resort, it’s time to put your research to use. You will create a flyer for your resort, introducing guests to each person who will play a part in making their stay memorable. On your flyer, include a name (you can make one up) and title for each person. Explain in one paragraph under their name a little bit about what they do at the resort. Under that paragraph, include a paragraph with a quick (imaginary) biography that showcases the person’s education and career path.
Do your best to make your flyer fun and appealing so that guests will immediately feel right at home, knowing that their vacation is in the hands of some of the best professionals in the business!
Your flyer should include the following elements:
Employees who represent two careers from the Arts, AV Technology & Communication Cluster
Employees who represent two careers from the Hospitality & Tourism Center
One paragraph under each explaining the job duties of the employee
One paragraph under each with a short bio of the employee
Answers
These are the flyers about the all-inclusive vacation employees:
Lucy AdamsShe's the singer of our cruise! You will enjoy her beautiful voice every night of your holiday and have a great time listening to the best songs you can think of!
Lucy is a professional singer who sings in three different languages: English, Spanish and Italian. She's the best one out here in the sea! Don't miss her!
Tom DíazHe's the chief animator of our cruise! He's the one in charge of making you have your best vacation! You will laugh with his jokes and enjoy the day next to the pool playing games with him and the rest of the amazing team.
Tom has been working in the entertainment industry for many years now. He is a comedian so he will know how to make you laugh!
Penelope SmithShe's the best tourist guide in this cruise! She can explain to you what you do in the places where the cruise stops. You can't miss her recommendations!
Penelope has studied tourism and she knows how to make your trip the best one! She has been to all the places we will visit with the cruise so you can ask her for advice whenever you need.
John HarriesHe's the best chef you can find! You can find John in the purple restaurant where you can try the best food you have ever eaten. He specializes in pasta, so you can't miss the Italian night in the cruise!
John is a professional chef with many years of experience on board. He has lived many years in Italy where he learnt everything about the culture and flavors that he applies to his dishes.
How do you solve writing exercises?To complete writing exercises in English, you have to do a research of the topic you are going to write about first. In this case, you have to select four jobs that are available to do in all-inclusive holidays and then write flyers with specific information about the people who do these jobs.
In writing exercises, it is important to use key words and organise your information so it is easier for the reader to understand.
Check more information about writing in English here brainly.com/question/18259877
#SPJ1
Tanya has recently been appointed CEO of a corporation that specializes in computer software. The corporation has made a substantial profit since she joined due to her emphasizing the importance of deadlines and sales goals to her software design team. Tanya is best described as what type of leader
Answers
Answer:
Transactional leader.
Explanation:
Leadership can be defined as a process which typically involves motivating, encouraging and inspiring employees working under an individual to be innovative and create positive changes that will foster growth and enhance the success of a business firm or company in the future.
This ultimately implies that, beyond an individual possessing the traits or qualities of a leader, leadership in itself is a process that revolves around the activities or happenings between the leader and those who he or she is leading, which are the followers. Thus, leadership is simply a continuous process and it's transactional in nature because it occurs between a leader and the followers.
In this scenario, Tanya has recently been appointed CEO of a corporation that specializes in computer software. The corporation has made a substantial profit since she joined due to her emphasizing the importance of deadlines and sales goals to her software design team. Thus, Tanya is best described as a transactional leader because she is more concerned with her team (followers) meeting set targets (goals) or defined requirements, objectives and expected level of results (performance).
what are the four important decisions made when developing an advertising program? list them in order.a. Setting objectives, setting the budget, developing strategy, and evaluating effectivenessb.Setting objectives, setting the budget, determining the impact on sales and profits, and determining the return on investmentc.Setting the budget, setting objectives, developing strategy, and evaluating effectivenessd.Setting objectives, setting the budget, developing message strategy, and determining media timinge. Developing message strategy, developing message execution, selecting media, and determining media timing
Answers
these four choices made when creating an advertising campaign. establishing advertising goals, deciding on an advertising budget, creating an advertising plan, and assessing success of the advertising.
Advertising refers to the methods used to draw attention to a good or service. In order to attract consumers' attention, advertising seeks to highlight a good or service. It is often used to market a particular product or service, although there are many other applications as well, with commercial advertising being the most popular. Through "branding," which links a product name or image with particular traits in consumers' minds, commercial advertising frequently aim to boost consumption of their goods or services.
learn more about Advertising here:
https://brainly.com/question/3163475
#SPJ4
With regard to suppliers, just-in time typically require: Group of answer choices buyer inspection of all goods and materials. delivery of large lots at regular intervals. the lowest price possible. multiple sources from which to purchase. long-term relationships and commitments.
Answers
Answer: long-term relationships and commitments.
Explanation:
Just in time typically implies long-term relationships and commitment. It requires a good understanding of the supplier and the manufacturer in terms of the quantity and the swiftness with material delivery. When there is a misunderstanding between the manufacturer and the supplier, delivery cones to a halt. This is why there's a need for a long lasting relationship and commitment.
Which option identifies the marketing strategy demonstrated in the following scenario?
Department stores often have their own credit cards and mailings sent to card holders that offer incentives such as
percent discounts and early hour shopping days.
O product packaging
customer loyalty
O advertising
word-of-mouth
Answers
Answer: customer loyalty
Explanation:
QUESTION 3 / 10 What is the first step you should take when you want to open a savings account? A. Review the different savings account options that your bank offers. B. Make your initial deposit. C. Go to the bank and fill out an application. D. Present your photo ID to the bank representative.
Answers
Answer:
A. Review the different savings account options that your bank offers.
Setsuko wants to start a business of her own. She does not have enough savings, so she approaches her bank to obtain short-term funds for operations. The bank agrees to lend her $10,000 as she has requested. In this scenario, the type of funding obtained by Setsuko can be regarded as a
Answers
The type of funding obtained by Setsuko is the line of credit.
The following information should be relevant for the credit line:
It is treated as a flexible loan.It is an amount of money i.e. defined and can be accessed whenever it is needed and after that, it could be repaid instant or over a period of time. It is for a short period of time.Since in the given situation, it is mentioned that:
Setsuko obtained the funds for the short term.Bank lent her $10,000.Therefore we can conclude that the type of funding obtained by Setsuko is the line of credit.
Learn more about the credit line here: brainly.com/question/17937007
PLZ HELP: FIND THE PROFIT
Fixed costs are £26,000 per year, and variable costs include wages at £10 per
unit, raw materials at £12 per unit and delivery/packaging at £3 per unit. It is expected that a business will make and sell 750 units during the year, with
a selling price of £26.
Answers
Answer:
Net loss -£25,250
Explanation:
The computation of the profit is shown below:
Sales (750 units × £26) £19,500
Less: Variable cost (750 units × £25) £18,750
Contribution margin £750
Less: Fixed cost £26,000
Net loss -£25,250
The £25 could be calculated below:
= £10 + £12 + £3
= £25
Basically applied the above format
The FINRA suitability rule requires all of the following EXCEPT: A Before a product or strategy can be recommended, a reasonable basis suitability determination must be completed, evaluating the investment's features, returns, costs and risks B Before a product or strategy can be recommended to a customer, it must be determined that the investment is suitable, based on that client's new account profile C Before a product or strategy can be recommended to a customer, it must be determined that the customer has the ability to meet the financial commitment required by the recommendation D Before a product or strategy can be recommended, the registered representative must understand and be able protect the client against the product's inherent risks
Answers
Answer: D. Before a product or strategy can be recommended, the registered representative must understand and be able protect the client against the product's inherent risks
Explanation:
There are some reviews with regards to FINRA suitability determinations whihc include:
• Reasonable Basis Suitability: This implies that after there has been a review of the returns, risks and costs of a product, the ones that has the best combination should be recommended.
Also, before a product can be recommended to a customer, the customer must be able to meet the financial commitment. The statement that "Before a product or strategy can be recommended, the registered representative must understand and be able protect the client against the product's inherent risks" is incorrect.
Emmanuel would like to start a business with a popular fast food company. He agrees to pay a fee and royalties. This is an example of which type of business?
A. Franchise
B. S corporation
C. Nonprofit corporation
D. C corporation
Answers
Answer:
yeah A
Explanation:
which of the following best describes an entrepreneur? group of answer choices a special type of capital. a person who works as an office clerk at a major corporation. a person who combines the factors of production to produce innovative products. wealthy individuals who provide savings that stimulates the economy.
Answers
An entrepreneur is defined as an individual wealthy individuals who provide savings that stimulates the economy.
What exactly is an entrepreneur?
An entrepreneur is a person who has an idea, tries to turn that concept into a marketable product or service, and establishes a business to help them in their endeavor.
An entrepreneur, who typically assumes the majority of the risk and responsibility for their new company, is seen as a visionary or an inventor.
What makes anything an entrepreneur?
Entreprendre, a French verb from the thirteenth century that means "to accomplish something" or "to undertake," is where the word "entrepreneur" comes from.
By the sixteenth century, a person starting a business enterprise was referred to as an entrepreneur using the noun form.
Learn more about entrepreneur
brainly.com/question/13897585
#SPJ4
Mason Transport Company divides its operations into four divisions. A recent income statement for its West Division follows. MASON TRANSPORT COMPANY West Division Income Statement for the Year 2015 Revenue $ 250,000 Salaries for drivers (175,000 ) Fuel expenses (25,000 ) Insurance (35,000 ) Division-level facility-sustaining costs (20,000 ) Companywide facility-sustaining costs (65,000 ) Net loss $ (70,000 ) Required a-1. By how much would companywide income increase or decrease if West Division is eliminated?
Answers
Answer:
a-1 $5,000 Increase
a-2 YES
b $15,000 Increase
Explanation:
a-1 Calculation for how much would companywide income increase or decrease if West Division is eliminated
Using this formula
Income =Net loss - Company-wide facility sustaining costs
Let plug in the formula
Income =$70,000-$65,000
Income =$5,000 Increase
Therefore how much would companywide income increase if West Division is eliminated is $5,000
a-2 YES West Division should be eliminated based on the above calculation reason been that the net income will increase by the amount of $5,000
b. Calculation to Determine the amount of the increase or decrease that would occur in companywide net income.
Net income =($ 270,000-$250,000)-$5,000
Net income=$20,000-$5,000
Net income=$15,000 Increase
Based on the above calculation the net income would increase by the amount of $15,000
Therefore the amount of the increase that would occur in companywide net income is $15,000
According to Porter companies that wish to dominate broad markets should operate using a __________ strategy.
Answers
Answer:cost leadership
Explanation:that uses low cost
Which of the following indicates that the assessment of one employee is affecting the ability to be objective when rating another employee? A) Halo error B) Recency error C) 360 degree feedback D) Judgmental methods E) Fixed standards
Answers
The answer that demonstrates how one employee's evaluation affects one's ability to rate another employee objectively is A) Halo mistake.
Halo mistake happens when a rater's general opinion of an employee—whether it's favourable or unfavorable—influences how they rate that employee's performance along particular dimensions. This might result in a halo effect when the rater regularly evaluates the other employee higher or worse based on their predetermined notion if the evaluation of one employee is influencing the rater's view or prejudice. This mistake precludes the rater from giving an accurate and objective assessment of the person's performance relative to particular criteria. The halo error impairs the rating process's objectivity and impartiality.
learn more about employee's here:
https://brainly.com/question/32186991
#SPJ11
What can a boosted post help an advertiser achieve?
Answers
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
Learn more about Communication at:
brainly.com/question/25645043
#SPJ4
Which individual spurred freud’s interest in the unconscious mind?.
Answers
The individual who spurred Freud to become interested in the unconscious mind was Anna O.
Who was Anna O?Anna O. was a patient of Dr. Josef Breuer who had physical symptoms of some condition which had no physical cause.
Dr. Breuer was a colleague of Freud and so he met Anna O.. He got interested in the case when Dr. Breuer was able to use memories to help Anna O.
In conclusion, this was Anna O.
Find out more on Freud at https://brainly.com/question/1014631.
Stanley Inc. must purchase $6,000,000 worth of service equipment and is weighing the merits of leasing the equipment or purchasing. The company has a zero tax rate due to tax loss carry-forwards, and is considering a 5-year, bank loan to finance the equipment. The loan has an interest rate of 10% and would be amortized over 5 years, with 5 end-of-year payments. Stanley can also lease the equipment for 5 end-of-year payments of $1,790,000 each. How much larger or smaller is the bank loan payment than the lease payment? Note: Subtract the loan payment from the lease payment.
a. $177,169
b. $196,854
c. $207,215
d. $217,576
e. $228,455
Answers
The amount larger or smaller is the bank loan payment than the lease payment is: c. $207,215.
Bank loan paymentIn order tom determine the bank loan payment we would be using financial calculator find the PMT by inputting the below data
N= Number of years = 5
1/Y= Interest rate= 10%
PV=Present value= -$6,000,000
FV=Face value = 0
PMT=Payment=?
Hence:
PMT=$1,582,784.88
Now let determine the bank loan payment
Bank loan payment=$1,790,000 -$1,582,784.88
Bank loan payment=$207,215
Inconclusion the amount larger or smaller is the bank loan payment than the lease payment is: c. $207,215.
Learn more about bank loan payment here:https://brainly.com/question/26054995
in the organization’s statement of functional expenses prepared in conformity with fasb standards, the $25,000 would be reported as:
a. A deduction from program revenue.
b.Supporting services expenses.
c.Fund-raising expense.
d.Program services expenses
Answers
The $25,000 would be accounted for in the FASB-compliant organization's statement of functional expenses as : supporting services expenses . Option B is correct .
All not-for-profit organizations must prepare a statement of functional expenses in accordance with the FASB's requirements. The recognition of revenues and expenses is done in the same way by hospitals, colleges, voluntary health and welfare organizations, and other not-for-profit organizations.
In the private sector, there is an independent organization known as the Financial Accounting Standards Board (FASB). It adheres to FASB Standards, which are also referred to as Generally Accepted Accounting Principles (GAAP). It is in charge of establishing accounting standards for financial reporting within the United States.
Learn more about financial accounting standards :
brainly.com/question/25655901
#SPJ4
Complete question as follows :
A not-for-profit organization incurred $ 25,000 in management and general expenses in the current fiscal year. In the organization's statement of activities prepared in conformity with FASB standards, the $ 25,000 would be reported as:
a. A deduction from program revenue.
b. Supporting services expenses.
c. Fund-raising expense.
d. Program services expenses