Answer:
a. 79
Explanation:
Opportunity cost can simply be defined as the alternative forgone. That is, opportunity cost is that good, commodity or service or whatsoever is sacrificed in order to obtain another. In economics, it is known as real cost. Thus in the question above, Jose employes strategy A such that when he prepares for two exams in one evening, the opportunity cost of receiving a 94 point on Economics exam is 79 points on the statistics.
1,200,000 is the answer i think, depends 2 what it rounds 2
Answer:
If you wait one year, in 45 years you will have $16,624.04 more than investing today.
Explanation:
Giving the following information:
Option 1:
Initial investment= $11,500
Number of years= 45
Interest rate= 4.1%
Option 2:
Initial investment= $11,500
Number of years= 44
Interest rate= 4.7%
To calculate the future value for both options, we need to use the following formula:
FV= PV*(1+i)^n
<u>Option 1:</u>
FV= 11,500*(1.041^45)= $70,142.41
<u>Option 2:</u>
FV= 11,500*(1.047^44)
FV= $86,766.45
If you wait one year, in 45 years you will have $16,624.04 more than investing today.
<h2>ABC Company is using <u>Job Enrichment </u>Technique.</h2>
Explanation:
ABC Company is trying out the following:
- Hand-holding the employees according to their expertise and the position that they handle
- Provide opportunity to grow up the level
- Make sure that industry goals are achieved
- Provide task in such a way that it enhances the skills of employee associated with the organization's goal
- Increasing the challenging level with proper training and guidance
Let us understand the term "Job Enrichment"
It is the "motivation technique" used in the organization to provide greater satisfaction to the employee.
Answer:
Option B
Explanation:
The given case relates to the method of delegation. Under the method of delegation the senior employees of the organisations transfers their workload to some junior level employees with a significant to full level of authority. However, the responsibility for any mistake or delay of work still relies with the managers who delegates work.
