When the Fixed costs changes it's necessary to find a new break even point: -$ 4.800 for Annual Fixed Costs.
Calculate the break-even point of the company's unit sales. We need to sell 1,400 units.
Calculate the company's breakeven point in sales. You need to sell an amount of $21,000.
If the company's fixed costs increase by $600, what will be the break-even point for new unit sales?
With 1,400 units sold, the breakeven point for dollar sales is $24,000.
explanation:
The first break-even point indicates:
woven basket
Quantity 1,400
TOTAL Income Statement Unit
$21,000 Total Net Sales $15
-$16,800 variable cost -$12
$4,200 Contribution Margin $3
-$4,200 annual fixed cost
As your fixed costs change, you'll need to find a new break-even point.
TOTAL Income Statement Unit
$24,000 Total Net Sales $15
-$19,200 Variable cost -$12
$4,800 Contribution Margin $3
-$4,800 annual fixed cost
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what is the measure of how much consumers and producers will respond to a change in market condition?
The period after the Civil War in the United States was characterized by rapid industrialization and expansion.
Many industries experienced significant growth during this time, but one industry in particular stands out as having experienced the greatest growth: the railroad industry.
The construction of railroads across the United States during the late 19th century opened up new markets and facilitated the growth of other industries, such as steel production, coal mining, and agriculture. The railroad industry itself also saw tremendous growth, as more and more tracks were laid and more efficient locomotives were developed.
The growth of the railroad industry had far-reaching effects on the U.S. economy, enabling goods to be transported more quickly and efficiently than ever before. It also created new corporation opportunities for employment and helped to spur urbanization and westward expansion.
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a worker received $5 for a daily wage in 1930. what is the value of that wage today if the cpi was 17 in 1930 and is 230 today?
A worker received $5 for a daily wage in 1930.$67.64 is the value of that wage today if the cpi was 17 in 1930 and is 230 today.
What is the meaning of CPI?Inflation is measured by the consumer price index (CPI). It is used to calculate the average price variation between two given periods for household products. It is a composite measure of product price trends at constant quality.
Given
Wages = $5 Base Year
CPI base year = 17
CPI of Today = 230
Required to calculate the value of that wage today =?
value of that wage today = Base year wage x CPI of Today / CPI base year
value of that wage today = 17 x 230 / 17 = $67.64
Thus, the $67.64 is the value of that wage today.
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nfpa 1127, who is permitted to produce for sale a solid propellant high power rocket motor?
NFPA 1127 is the Standard for High Power Rocketry, which outlines the safety requirements for the manufacture, storage, transportation, and launch of high-power rockets.
According to this standard, only individuals or companies who have been certified by the National Association of Rocketry (NAR) or the Tripoli Rocketry Association (TRA) are permitted to produce for sale a solid propellant high-power rocket motor.
To become certified, an individual or company must demonstrate a thorough understanding of high-power rocketry, as well as the ability to manufacture solid propellant rocket motors that meet the safety requirements outlined in NFPA 1127. Certification is typically obtained through training and testing provided by the NAR or TRA and may involve on-site inspections of the manufacturing facility.
Once certified, individuals or companies may produce and sell solid propellant high-power rocket motors to other certified individuals or companies for use in high-power rockets. It is important to note that the manufacture, storage, transportation, and launch of high-power rockets must always be conducted in accordance with the safety requirements outlined in NFPA 1127 to ensure the safety of both people and property.
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To encourage the formation of small businesses, the government could provide subsidies; these subsidies would:
A. be included in GDP because they are part of government purchases.
B. be included in GDP because they are part of investment expenditures.
C. not be included in GDP because they are transfer payments.
D. not be included in GDP because the government raises taxes to pay for them.
To encourage the formation of small businesses, the government could provide subsidies; these subsidies would be : included in GDP because they are part of investment expenditures , the correct option is (B) .
The Gross Domestic Product (GDP) measures the value of all final goods and services produced within a country's borders in a given period of time.
The Government subsidies to small businesses would be included in GDP as they are a form of investment expenditure. These subsidies would be counted as a part of the total investment spending by the government, which is a component of GDP.
Therefore, the government subsidies to small businesses would be included in GDP as a part of investment expenditures.
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True/False? an entrepreneur who starts a new business is not considered to be a manager.
A new firm founder who is an entrepreneur is not seen as a manager. false
Managers are responsible for defining and achieving the company's goals as well as carrying out tasks efficiently with and via the assistance of other people. They do this by using the four main management functions of planning, organizing, leading, and controlling. A manager is someone who "manages" a company by taking charge of a particular department. A department's boss may have control over the workers in that division. On rare occasions, the manager may be in charge of the entire business. . The daily responsibilities of these positions vary, but so do their overall responsibilities within the organisation and the types of employees they are responsible for managing.
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Consumer surplus differs from the total benefit consumers receive from purchasing products because it measures
Consumer surplus differs from the total benefit consumers receive from purchasing products because it measures the difference between the price that consumers are willing to pay for a product and the actual price they pay.
Consumer surplus is the amount that consumers benefit by being able to purchase a product at a price lower than the maximum price they are willing to pay. It is calculated as the difference between the maximum price a consumer is willing to pay (also known as the reservation price) and the actual price they pay for the product.
On the other hand, the total benefit consumers receive from purchasing products includes not only the consumer surplus, but also the satisfaction they derive from the product itself (known as the direct utility) and any other benefits or value that they obtain from consuming the product (such as social status or convenience).
Therefore, while consumer surplus is an important measure of the value consumers derive from purchasing products, it only represents a portion of the total benefit that consumers receive.
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accrued revenues and expenses will cause differences between the statement of cash flows and the income statement. True or False
Accrued revenues and expenses will cause differences between the statement of cash flows and the income statement. This statement is true or correct.
A cash flow statement and an income statement are an integral part of a company's balance sheet. A cash flow statement, or statement of cash flow, measures a company's cash sources and use of cash over a period of time.
An income statement measures a company's financial performance such as revenues, expenses, profits or losses over a period of time. This financial statement is sometimes called a financial income statement. The income statement shows whether the company made a profit and the cash flow statement shows whether the company made money.
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Major Variables used to segment consumer markets include which of the following?
a. income, age, geographic, and lifestyle
b. geographic, demographic, psychographic, and psychological
c. ethnicity, geographic, gender, and income
d. geographic, demographic, psychographic, and behavioral
e. income, gender, age, and ethnicity
Major Variables used to segment consumer markets include d. geographic, demographic, psychographic, and behavioral
The term market segmentation is a process whereby huge markets are divided into smaller ones based on the customers who have similar traits, preferences, or requirements. Businesses can better understand and target particular consumer groups with specialised marketing tactics and messages by segmenting the market using these factors. By using geographic segmentation, the market is split up depending on factors like region, city, climate, or population density.
By segmenting the market based on demographic characteristics like age, gender, income, education, family size, occupation, or ethnicity, companies can better target their marketing campaigns. Consumers' lifestyles, attitudes, values, and personalities serve as the foundation for psychographic segmentation. This can include elements like preferences, ideologies, pastimes, social standing, and personality traits. Consumer behaviour, including usage frequency, brand loyalty, situations, benefits sought, and purchasing behaviours, forms the basis of behavioral segmentation.
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The above figure shows the U.S market for chocolate. With international trade, consumer surplus is equal to? A) area C+area D. B) area B area C+area D. C) area A. D) area E E) area A area B+ area C+ area D
D) The above figure shows the U.S market for chocolate. With international trade, consumer surplus is equal to area E.
International trade was significantly responsible for the growth of the global economy. Events that are noteworthy on a worldwide scale have an effect on supply and demand, which has an effect on price in the global economy.
For instance, a rise in labor costs could be caused by political change in Asia. A pair of sneakers that an American customer might buy at their local mall would cost more as a result, as would the production expenses for an American shoe manufacturer with facilities in Malaysia.
The exchange of products and services between businesses located in several nations is referred to as international trade. On the global market, commodities like consumer products, raw materials, food, and machinery are all purchased and sold.
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what is standard poor 500?
The Standard & Poor's 500 is an index of stock market in the U.S. which measures the performance of about 500 companies at the stock market.
The Standard & Poor's 500 is also abbreviated as S&P 500. The 500 companies it includes are the largest, publicly traded companies in the United States. The index is calculated by adding the float-adjusted market capitalization of each company.
Stock market is the market where stock shares and other financial securities of the companies held by public are bought and sold. It comprises of a large aggregation of buyers as well as sellers of the stocks.
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In a competitive context, which two of the following will increase the power of a firm's buyers in exchanges?
The availability of numerous replacement items and low switching costs are the two characteristics that might strengthen the power of a firm's buyers in exchanges.
Two elements in a competitive setting that might strengthen the bargaining power of a firm's buyers are:
1. The accessibility of alternative goods or services: When consumers have a variety of options for goods or services that are similar to those they are purchasing, they have more negotiating power.
2. The buyer concentration: As suppliers rely on a small number of major consumers for their livelihood, if there are just a few of them, the buyers may be able to get better rates or conditions from the suppliers. The purchasers' ability to negotiate increases as a result of this concentration.
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How are cash inflows and outflows related to the company’s primary business classified?
A. as sales activities on the Profit and Loss report
B. as financing activities on the Statement of Cash Flows
C. as operating activities on the Profit and Loss report
D. as operating activities on the Statement of Cash Flows
Cash inflows and outflows related to the company's primary business are generally classified as operating activities on the Statement of Cash Flows.
So the correct option is D.
This includes cash received from customers for sales of products or services, as well as cash paid for operating expenses such as wages, rent, and supplies. The Statement of Cash Flows is a financial statement that reports a company's cash inflows and outflows during a given period of time, and it is organized into three categories: operating activities, investing activities, and financing activities. Operating activities generally relate to the primary business of the company, while investing activities relate to the acquisition or sale of long-term assets, and financing activities relate to the issuance or repayment of debt or equity securities.
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Under the leadership of Prince Henry the Navigator, the Portuguese emerged as an early sea power. Which of these inventions contributed to Portuguese sea-faring? O chronometer O Gokstad O topsal O astrolabe
The invention that contributed to Portuguese sea-faring under the leadership of Prince Henry the Navigator was the D. astrolabe .
What was the astrolabe ?The astrolabe was an ancient instrument used by mariners and astronomers to measure the altitude of celestial bodies, such as the sun and stars.
The astrolabe was a crucial tool for the Portuguese navigators during their explorations, as it allowed them to travel further into unknown waters with more accuracy and confidence.
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suppose the price elasticity of demand for yachts equals 4.04, while the price elasticity of supply for yachts equals 0.22. if congress reinstates a luxury tax on yachts, how will the burden of the tax be divided?
According to the price elasticity of demand for yachts, which is 4.04, the quantity sought will fall by 4.04% for every 1% increase in the price of boats. This suggests that consumers are extremely sensitive to changes in boat prices.
How can it be explained in detail?In contrast, yachts have a 0.22 price elasticity of supply. As a result, the amount provided will only rise by 0.22% for every 1% increase in the price of boats. As a result, it may be inferred that manufacturers are not very sensitive to variations in boat prices.
Yachts would cost more if Congress reinstates a luxury tax, which will reduce the number of yachts being sought after. Both purchasers and sellers will bear some of the tax's burden, but how much of each will vary depending on how elastic demand and supply are in relation to one another.
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what are total sales in the retail industry that can be attributed to valentine’s day?
Valentine's Day is firstly a Christian holiday recognizing a sacrifice named Valentine. That is $25.9 billion.
The planned Valentine's Day issues in the US are anticipated to arrive around 26 billion dollars in 2023. That is an increase of about $ 2 billion from 2022. Celebrated annually on February 14, Valentine's Day is extensively considered the most romantic vacation of the time.
According to the National Retail Federation( NRF), consumer spending in the United States this time could reach $25.9 billion on Valentine's Day gifts, from gold jewelry to apparel to fine chocolate. That would make 2023 the alternate stylish time for deals since the NRF started collecting this data.
Through consecutive folk traditions, it has come an important artistic and marketable festivity of love and love in numerous corridor of the world.
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PLEASE HELP (this is just to add the 20 characters so i can ask this)
The letter A is represented where the amount of $20 should be written.
The letter D is represented where the amount of $36 should be written.
The ending balance E is $154.85.
What are debit and credit?Debit entries for accounts show money moving into them, whereas credit entries indicate money moving out of them. Money is transferred from credited to debited accounts with each transaction. Credits are contrary to debits.
In a typical journal entry, all debits are reported on the top lines, followed by all credits on the line below the debits. The ability to obtain money, as well as goods or services, on credit with the assumption that payment will be made later is referred to as credit.
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what are some of the ways that the history of the sport business industry can be helpful to a sport management executive today?
The ways in which the sport business industry's history By studying the development of an effective sport company, such as A.G. Spalding and Brothers, management.
Executive can see what the company did to perform better than the competition. Vertical integration, diversification, and trials in product and service marketing were a few of Spalding and Brothers' business' key traits. The process of a corporation expanding by going ahead or backward within an industry; expansion along a product or service value chain is known as vertical integration.
The process of broadening a business's product offerings involves adding new products to the existing product mix. A business can experience significant success by growing and diversifying the things it sells.
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which will most directly affect the amount of real money balances that an individual will demand?
Lower income and higher interest rates. Lower income and higher interest rates will most directly affect the amount of real money balances that an individual will demand.
The interest rate is the amount that the lender charges the borrower and is the principal - a percentage of the loan amount. Interest rates on loans are usually quoted at an annual rate known as the annual rate (APR).
Interest rates may also apply to amounts derived from a bank or credit union savings account or certificate of deposit (CD). Annual Rate of Return (APY) refers/relates to the interest earned on these deposit accounts.
Interest rate is the amount a lender charges a borrower in addition to the principal amount for using an asset. Interest rates also apply to amounts earned from bank or credit union savings accounts.
Most mortgages use simple interest. However, some loans use compound interest. Compound interest applies not only to principal, but also to accumulated interest from previous periods.
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Fill The Blank! criteria or standards used in evaluating proposed solution to the problem are known as ______.
Criteria or standards used in evaluating proposed solutions to the problem are known as Measures of Success
A measure of success is a standard by which an individual or organisation decides whether or not they have achieved their goals. Since there is not any single true indicator of success, successful people employ a variety of metrics to assess both their personal and professional achievements.
Making a comparison between a person's present self and their past self is one of the most effective ways to evaluate overall performance. Comparing who a person was yesterday to who they are today may be considered an equally contemporary contrast. A daily check-in with self will help to determine the progress and the adjustments one is required to make in order to keep moving forward.
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What does the concept of resource heterogeneity imply?
a. that each firm has the same resources
b. that firms all have resources that are "stick" or hard to transfer
c. that each firm has different resources
d. that different firms value different things
The idea of resource heterogeneity implies that various firms place different values on various items. -that every company has unique resources.
What exactly does heterogeneity mean?
There is nothing to be afraid of in heterogeneity; it simply denotes that your data are variable. There will therefore undoubtedly be variations discovered if many studies are combined for analysis or meta-analysis. How consistent or stable a given data collection or variable connection is is referred to as heterogeneity, and its opposite, homogeneity. It is useful to understand how to design, pick, and evaluate statistical analyses even while statistical heterogeneity is not in and of itself a good or negative thing for the study.
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jeff was recently hired as a new manager. he is looking for the ________ to see the relationships between individuals and units.
A) organization structure B) organizational dynamics C) work-flow design
D) work-flow analysis E) work-flow evaluation
Jeff was recently hired as a new manager. he is looking for the option (a) organization structure to see the relationships between individuals and units.
Jeff's search for a tool to see the relationships between individuals and units in his organization can be answered by understanding the organizational structure.
The answer to Jeff's question is A) Organizational structure. Organizational structure refers to the formal arrangement of tasks, responsibilities, and authority lines within an organization.
By understanding the organizational structure, managers can ensure that tasks are assigned to the right people, information is shared effectively, and decision-making is efficient.
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All of the following are primary needs that apps meet except:A. the need to socialize.B. the need to discover.C. the need to share.D. the need to find "me time."E. the need to shop.
All of the following are primary needs that apps meet except the need to share. Thus the correct option is C.
What is Application?An application is referred to as a technology-enabled tool that helps in making teh life of people easier. In the given case, it is assumed that the technology is related to communication and social Media.
Social media enables one to socialize by connecting with new pople as well as helping an individual discover new things, shop online as well as finding personalized time for individuals, and expressing their thoughts.
Therefore, option C is appropriate.
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(430) according to max weber, bureaucracies possess what features?
a. Office holding is a "vocation"— a career
b. The official holds a position of esteem in society
c. The official is appointed through fulfillment of the job qualifications, not elected
d. Expert qualifications gained through professional education
Option a is correct. According to Max Weber, bureaucracy hold offices as a 'profession', a career hallmark.
The term "bureaucracy" is of recent origin. The term "office" originally referred to the cloth covering the desks of high-ranking French government officials in his 18th-century absolutism before the French Revolution.
In the 19th century, derogatory use of the term spread to many European countries, where liberal critics of absolutist regimes typically described the tortuous procedures, narrow-mindedness, and high-handedness of dictatorial government officials. used the term to denounce its snobbish nature (Heinzen 1845). Since then, this derogatory connotation has become common.
Critics of complex organizations lacking a clear division of responsibility, or rigid rules and routines that pay little attention to specific cases, clumsy officials, slow operations and back passing, conflicting policies and duplication, empires construction, and concentration of control in a few hands, use the term regardless of party or political persuasion (Watson 1945).
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what are two ways a scrum master serves to enable effective scrum teams
The Scrum Master serves the Scrum Team in a variety of ways, including: self-managing and cross-functional coaching of team members; Removing Obstacles to Scrum Team Progress.
Facilitate developer decision-making - Remove obstacles that block the Scrum team. True or False:
When multiple Scrum Master teams collaborate on the same product, each team should maintain a separate product backlog.
Leader - Has the ability to motivate and successfully lead a team.
Experienced – Has a deep knowledge of Agile principles and remains true to them throughout the project. The Scrum Master is both a facilitator and a coach, helping the Scrum team and the wider organization understand and apply Scrum theory and practice. The Scrum Master helps the Scrum Team work more effectively by skillfully removing obstacles and distractions that can prevent the team from achieving its goals.
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Consider each of these business activities. For which do you think supply would be most elastic in the short term? a. producing feature movies b. building skyscrapers c. providing health care d. baking cupcakes
For baking cupcakes supply would be most elastic in the short term considering these business activities.
Option D is correct.
What does it mean to be in business?Any activity that aims to generate a profit is considered business activity. Operating activities, investing activities, and financing activities are frequently subdivided. Since they have the greatest direct influence on a company's performance, operating activities are typically regarded as the most significant of these.
Why is activity in business?With the intention of selling goods and services to customers and earning a profit, businesses carry out activities like these. As a result, running a business is all about providing customers with the goods and services they want at a price they are willing to pay.
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Jeff was recently hired as a new manager. He is looking for the ________ to see the relationships between individuals and units.A. organization chartB. organization developmentC. organization structureD. responsibility center
Option b: Jeff recently joined as manager. He explores organizational dynamics to understand the connections between people and organizations.
Organizing means assigning responsibilities, building authority, and allocating resources to execute the plan. Divide the task into executable work pieces. This establishes a relationship of authority and responsibility. The quality of a company's workforce, especially the management team, is a major concern. This component of management is addressed by the Human Resources function.
Middle management is responsible for setting plans and goals that affect the entire business and for making decisions that affect the entire organization.
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Forest Beach Company experienced the following events that impacted its financial statements. Balance Sheet Profit and Loss Report Cash flow Assets = Liabilities + Equity NA = NA + NA Which of the following events can cause this effect? A. Accrued interest income. B. Lend cash to an employee. C. Collecting cash for the principal balance of the note receivable
The correct option is C. Collected cash for the principal balance of a note receivable event could have caused these effects.
A balance sheet is a financial statement that provides a snapshot of a company's financial position at a specific point in time. It presents the assets, liabilities, and equity of a company, providing a summary of what the company owns, what it owes, and what is left over for its owners.
The balance sheet is based on the accounting equation, which states that assets must always equal the sum of liabilities and equity. This means that the balance sheet provides a balance between a company's resources (assets) and its obligations (liabilities), as well as the residual interest of the owners (equity).
Assets on a balance sheet include cash, accounts receivable, inventory, property, and equipment. Liabilities include accounts payable, loans, and other debts owed by the company. Equity includes investments made by shareholders and retained earnings.
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Complete Question:
Forest Beach Company experienced an event that had the following effects on its financial statements.
Balance sheet Income Statement Statement of
Assets = Liab. + Equity Rev. − Exp. = Net Inc. Cash Flows
NA = NA + NA NA − NA = NA + IA
Which of the following events could have caused these effects?
a. Accrued interest revenue.
b. Loaned cash to an employee.
c. Collected cash for the principal balance of a note receivable.
d. Borrowed cash from a bank.
how a market is organized based on the number of businesses competing for sales in an industry.
Market structure is the way colorful diligence are classified and discerned grounded on their degree and nature of competition for products and services.
Market structure, in economics, depicts how enterprises are discerned and categorized grounded on the types of goods they vend and how their operations are affected by external factors and rudiments.
Market structure makes it easier to understand the characteristics of different requests. request structure is important in that it affects request issues through its impact on the provocations, openings and opinions of profitable actors sharing in the request.
The rudiments of market Structure include the number and size of merchandisers, entry and exit walls, nature of product, price, dealing costs. request structure can alter grounded on the new external factors, similar as technology, consumer preferences and new entrants.
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what two benefits are associated with companies' effort to increase social responsibility?
Companies that prioritize social responsibility can enjoy a number of benefits that extend beyond their immediate bottom line. Two primary benefits include improved reputation and increased stakeholder engagement.
Firstly, companies that prioritize social responsibility can benefit from an improved reputation among consumers, investors, and other stakeholders.
By adopting socially responsible practices, companies can demonstrate a commitment to ethical and sustainable business practices, which can enhance their brand image and attract customers who value these qualities.
Moreover, a strong reputation for social responsibility can help companies attract and retain top talent, as employees are often drawn to organizations that align with their personal values. Secondly, companies that prioritize social responsibility can also benefit from increased stakeholder engagement.
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A selection committee helps to select what as it pertains to hiring
The answer is New Employees, A selection committee helps to select new employees as it pertains to hiring.
Does hiring entail payment?When you hire someone, you put them to work for you or pay them to perform a specific task. When you hire something, you give the owner money in exchange for the right to use it for a specific amount of time.
What distinguishes hiring from recruitment?Despite the fact that these phrases are occasionally used synonymously, they differ significantly. When a position needs to be filled, hiring takes place. Recruitment is the process of luring outstanding people to your company.
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