The Mangement trainee is undergoing Job Rotation
Explanation:
Job Rotation is the process of Randomly selecting people and exposing them to the various departments of the organization.This technique is adopted by various companies to deal with issues like job stagnation, Job Frustration,Randomness issues,High employee turnover rate .This technique is also helpful to the organization as it helps in creation of a Talent base with Multi-Tasking Ability
6. Explain how an item's target market might affect its price,
An item's target market significantly impacts its price. Factors like the target market's affordability, demand, competition, and perceived value all play a role in determining the item's price
Explanation:An item's target market heavily influences its price due to various factors such as affordability, demand, competition, and perceived value. For instance, if a product is targeting a wealthier market segment, companies might opt to set higher prices to portray a sense of quality or luxury. On the other hand, if the target market is budget-conscious consumers, the price will be set competitively to attract these consumers and generate volume.
Furthermore, if a product is specially oriented toward a specific target market with very few alternatives available, the price might be set higher due to low competition. This can be seen in niche industries or with highly specialized technology. Overall, understanding the target market is crucial in setting an item's price point that aligns with consumers' expectations and willingness to pay.
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What could be a good option available to you if you are behind on loan payments?
Answer:
The financial institution might offer the person to pay a little amount now and pay the remaining amount after the next pay day.
Explanation:
Loan amount is the amount which could have a effect on the aggregate amount the person eventually pay on the loan.
In short, the loan payment comprise of the interest payment, which is considered as an expense. The principal payment, that reduces principal balance of the loan.
The best option which is available for the person who is behind the loan payments that the financial institution may offer the person to pay a little amount of the loan and the remaining amount to pay after the next pay day.
When behind on loan payments, contact your lender to discuss possible payment plans or modifications. You can also seek advice from a credit counselor. In extreme situations, debt consolidation or bankruptcy might be considered.
Explanation:If you find yourself behind on loan payments, there are several options available to you. The first step should be to contact your lender. Many lenders have hardship programs in place and are willing to work with borrowers who are experiencing financial difficulties, and can provide payment plans, loan modifications, or even temporarily reduced payments. Secondly, consider seeking guidance from a credit counselor. They can provide strategies and resources to help manage your debt. Lastly, as a last resort, you could consider debt consolidation or bankruptcy – both severe measures with long-term consequences, but may provide temporary relief.
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The Hahns have a right to exercise their religion. Does this right transfer to any corporations they own?
Answer:
In law, a corporation is regarded as an individual person but this does not give a corporation the the right of religion as it is not a natural person.
A corporation in its internal culture may however promote a religion in a non oppressive and a non intimidating way but cannot force anyone to adhere to a certain religion.
Explanation:
Final answer:
The Supreme Court ruled that closely held for-profit corporations can exercise religious rights under the Religious Freedom Restoration Act of 1993, allowing them to be exempt from ACA's contraceptive mandate due to their owners' religious beliefs.
Explanation:
The Supreme Court has indeed recognized the ability of corporations to exercise religion under certain circumstances. In the landmark case of Burwell v. Hobby Lobby Stores, Inc., the Court held that closely held, for-profit corporations have free exercise rights under the Religious Freedom Restoration Act of 1993. This decision came about because the contraception mandate in the Affordable Care Act (ACA) was found to impose a substantial burden on the exercise of religion by the corporations' owners, who have sincere religious objections to providing certain types of contraception in healthcare plans. The Court determined that there were less restrictive means of achieving the government's goals, such as a Department of Health and Human Services' exemption originally intended for non-profit religious organizations, which they extended to apply to for-profit entities like Hobby Lobby.
Additionally, it's important to note that the decision is specific to the contraceptive mandate and does not necessarily imply that all religious objections to the ACA would be upheld. It highlights that the rights of corporate owners to exercise their religion through their business enterprises can sometimes be protected against government mandates that conflict with their religious beliefs.
On January 1, 2022, the Sheridan Company ledger shows Equipment $49,700 and Accumulated Depreciation $18,280. The depreciation resulted from using the straight-line method with a useful life of 10 years and a salvage value of $4,000. On this date, the company concludes that the equipment has a remaining useful life of only 2 years with the same salvage value.Compute the revised annual depreciation.
Answer:
revised annual depreciation will be : 13710
Explanation:
After revision the remaining life of equipment shrank down to 2 years, so the depreciation working will be worked out to adjusted the impact of decreasing of useful life.
As per existing information the depreciation charges are calculated as :
(Cost-Salvage Value)/Useful life= (49700-4000)/10 = 4570
Accumulated Depreciation indicates that 4 years have past by (18280/4570)
now remaining years are 6 which will be reduced to 2 after revision so the new working will be as follows:
Remaining Cost :31420 (49700 -18280)
Salvage Value : 4000
Revised Remaining Useful Life : 2
Revised Calculated Depreciation Annual : (31420-4000)/2 = 13710
It can be further verified through simple math also:
Adding annual depreciation of remaining 2 years : 13710 +13710 =27420
Value available for depreciation after salvage value : 31420 -4000= 27420
The revised annual depreciation for Sheridan Company will be $13,710.
What is the depreciation charges?= (Cost - Salvage Value) / Useful life
= ($49700 - $4000)/10
= $4570
The Accumulated Depreciation indicates that 4 years have past by (18280/4570)
Now, the remaining 6 years will be reduced to 2 after revision.
Now workingRemaining Cost = ($49700 - $18280)
Remaining Cost = $31420
Salvage Value = 4000
Revised Remaining Useful Life = 2
What is the Revised Calculated Depreciation Annual?= ($31420 - $4000) / 2
= $13,710
Therefore, the revised annual depreciation for Sheridan Company will be $13,710.
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What does a company's customer service department do?
A Promote the company to new groups of potential customers.
B. Interact with customers after they have purchased the product.
C. Receive payments from customers and handle the company's money.
Handle employee-related procedures
Please select the best answer from the choices provided
Oo oo
Answer:
B. Interact with customers after they have purchased the product.
Explanation:
It is the duty of the Customer services department to cater to the all customer feedbacks and requirements.
The retention of the customers and attracting new customers depends on the quality of the service provided by the customer handling.