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babunello [35]
2 years ago
8

During the recession witnessed in early 2001, many firms laid off their employees and downsized. the reason for this decrease in

the demand for employees was:
Business
1 answer:
nevsk [136]2 years ago
4 0
<span>During the recession witnessed in early 2001, many firms laid off their employees and downsized. The reason for the downsizing of employees from these firms in 2001 was the incompetency and poor performance of the employees. It may sound mean but to the company, this is advantageous since they can reduce the costing while at the same time maintain or increase the final goods.</span>
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Eloise, an engineer for an oil company, is interested in working overseas at this stage of her life because she knows that forei
Fudgin [204]

Eloise, an engineer for an oil company, is interested in working overseas at this stage of her life because she knows that foreign work experience demonstrates independence, resourcefulness, and entrepreneurship  to potential employers.

<u>Explanation:</u>

The work experience in foreign demonstrates the skills that includes, confidence, independence, Adventure sense, Sense of ambitions, adaptability and open minded nature. Working at overseas helps in increasing the confidence. It also improves the sense of being adventurous and make the individual more independent.

When the independent nature of an individual gets enhanced, he or she will develop a sense of being an entrepreneur. There will be a lot of resources inside the mind of an individual with which he or she can start a own business.

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2 years ago
It's important to note that sometimes private solutions to externalities do not work. For example, this occurs when an excessive
Arlecino [84]

Answer:

It describes the problem of transaction costs and negotiation.

Explanation:

Externalities are situations that arise when the activities of an organization affects another for good or bad, but with the first organization that caused the change, receiving no benefits (if it was a positive change), or bearing no costs (if it as a negative change).

Ronald Coase proposed some theories about the possible solutions to externalities. One of them is negotiation between the two parties involved. The problem with this solution is the high costs of transaction that could be spent before an agreement is reached. The number of people involved in the negotiation could also be a problem.

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2 years ago
You were hired as a consultant to restructure operating capital. The recommended goal is for the firm to have a capital structur
Komok [63]

Answer:

The WACC is 8.66%

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The WACC or weighted average cost of capital is the cost to firm of its capital structure which can have 3 components namely debt, preferred stock and common stock. We take the weighted average of these components and their respective costs to calculate WACC. Furthermore, we take the after tax cost of debt for WACC calculation and that is why we multiply the cost of debt by (1-tax rate).

WACC = wD * rD * (1-tax rate)  +  wP * rP  +  wE * rE

WACC = 0.33  *  0.065  *  (1-0.28)  +  0.08 * 0.06  +  0.59 * 0.1125

WACC = 0.086619 or 8.86619% rounded off to 8.66%

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2 years ago
Which statement best describes one way businesses participate in the
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Answer:

C. Businesses create goods for product markets to sell.

Explanation:

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