Therefore, the placement consultancy firm uses pay survey to gather information. A pay survey or as called as salary survey is normally conducted to measure the organizations compensation levels with respect to the external surroundings. This is an advantage which evidently describe the exact pay for each job and the pay scale of the organization is situated that results to qualified worth of all the other jobs that are recognized with respect to the benchmark job. This is led by a well-thought-out written questionnaire, telephone surveys, newspapers, consultancy firm, and pay checks websites like naukripaycheck and glassdoor can be sources of information as well.
Answer:
The correct answers are:
1. Nonexcludable, nonrivalrous
2. excludable, nonrivalrous
3. excludable, rivalrous
4. excludable, rivalrous
5. excludable, rivalrous
6. excludable, rivalrous
Explanation:
A good is excludable when ordinary people haven't paid for it can be prevented from using that good. It becomes a rival if the consumption of a person in that good diminishes another one's consumption of it. Rivalry and excludability are related. A very simple example of it is when an apple cannot be shared with an unlimited number of people.
Answer: $8,391.90
Explanation:
So the company borrowed $40,000 from a bank.
They are to pay 7% interest on the note per year for 6 years.
We are to find the annual payments.
7% represents a constant payment schedule per year so we can use an Annuity formula.
Seeing as the Annuity factor has been calculated for us already we don't need to formula though.
The present value of an annuity factor for 6 years at 7% is 4.7665.
Calculating the present value of the annual payment can be done as follows,
= Amount / PVIFA (Present Value Interest Factor for an Annuity)
= 40,000/4.7665
= 8391.90181475
= $8,391.90
The annual payments equal $8,391.90.
Answer:
Number of car washed is 92
So option (a) is correct answer
Explanation:
It is given that 4 workers can wash 80 cars per day
Means initially 80 cars are washed per day
And it is given that rate of car wash is $5 per car
Now price of workers is $60 per day
As per car wash is $5
So number of extra car washed 
So total number of car washed = 80 + 12 = 92 cars per day
So option (a) is correct answer
Answer:
Direct labor
Explanation:
The role of direct labor is to convert direct material into the finished products. Without the help of direct labor, it is impossible to convert the direct material into the finished goods.
Here, the direct material means the labor which works on manufacturing a product which is directly related to the production level. The allocation of direct labor is done based on the number of hours worked or product.
Hence, The efforts of employees who work directly to convert direct materials into the finished product are referred to as direct labor
