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bekas [8.4K]
2 years ago
8

Oh, no! You contract Mononucleosis (Mono) and consequently miss two weeks of work without pay. You do not have any type of disab

ility insurance. Due to work missed, you lose $1500 in take-home pay for the current month. What do you do to meet your monthly financial commitments? How do you prepare for similar unfortunate events in the future?
Business
1 answer:
Ilia_Sergeevich [38]2 years ago
3 0

Answer:

Take a credit facility and do an insurance cover.

Explanation:

In order to meet your monthly financial commitments, you can seek for upfront credit facility through your organization if such provisions exist or ask for a salary loan which can be deducted from source (Salary).  

To prepare for similar unfortunate incidence in the future, it will be important to secure a life and health insurance cover either through your organization or on an individual basis.  

You might be interested in
Barb overheard an unpleasant encounter between the manager of the paint store where she works and a sales rep who sells a well-k
alexandr402 [8]

Answer:

conflict channel.

Explanation:

A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.

A sales representative (salesperson) refers to an individual or employee who is saddled with the responsibility of taking orders from customers, as well as selling finished goods and services to consumers or end users.

A conflict can be defined as any form of disagreement that arises between two or more parties due to opposing views, opinions, or incompatibility.

A conflict channel can be defined as a discord, difference, or dispute that arises between two or more channel partners, especially by competing against one another. Thus, it's a situation in which the actions or operations of one channel partner adversely affects the business, sales, revenue, profitability, goals or market share of the other channel partner.

Generally, there are four (4) main types of conflict channel and these include;

I. Horizontal level conflict.

II. Vertical level conflict.

III. Multichannel level conflict.

IV. Inter-type level conflict.

In this scenario, Barb overheard an unpleasant encounter between the manager and a sales representative over how their paint products should be displayed, the conversation degenerated into a loud argument.

Thus, what Barb observed in this scenario was an example of a conflict channel.

6 0
2 years ago
Glass Bottle Coffee Company is a calendar year, accrual-basis taxpayer. On October 1, 2019, Glass Bottle sold a 24-month subscri
Goshia [24]

Answer:

Its b

Explanation:

5 0
2 years ago
: i can't believe it! now our pay depends on meeting goals! doesn't effort count for anything anymore? i have the same goals tha
viva [34]

Setting the pay according to the goals achieved by a group may not be considered beneficial to everyone, thus decreasing motivation. Pay-for-performance or according to individual performance may help motivate the employee but increasing individuality in terms of performance may also decrease group cohesiveness or group-related values. The speaker here shows depreciation by undervaluing another's work to overvalue or protect one's own.

6 0
2 years ago
According to the BRANDZ model of brand strength, brand building involves people progressing through a sequential series of steps
Rasek [7]

Answer:

<u>A) Presence</u>

Explanation:

A brand is simply an identifying mark of a particular product manufactured by particular company.

The BRANDZ MODEL developed by Millward Brown and WPP looked at how brand building connects with customer issues.

By knowing how long a product brand has been in existence people can the question what do I know about it?

4 0
2 years ago
Fixed vs Variable cost preference. Bates operates a kiosk at a local mall, selling duck calls for $30 each. The variable cost to
GuDViN [60]

Answer:

Option 2 should be selected

Explanation:

Using a rational approach which option most benefit and have a minimum cost. We will use the break-even level here to decide which option should be selected.

Option 1

Price per call = $30

Variable cost per call = $18

Contribution = Sales  - Variable cost = $30 - $18 = $12

Fixed Cost = $15,000

Break-even point = Fixed cost / Contribution per call = $15,000 / $12 = 1,250 calls

Option 2

Price per call = $30

Variable cost per call = $18 + ( $30 x 10% ) = $18 + $3 = $21

Contribution = Sales  - Variable cost = $30 - $21 = $9

Fixed Cost = $9,000

Break-even point = Fixed cost / Contribution per call = $9,000 / $9 = 1,000 calls

Difference  = 1,250 calls - 1,000 calls = 250 calls

Option 2  is better option because it take 250 less calls to reach at break-even in the month. It should be selected.

8 0
2 years ago
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