The expected annual loss from user error for the company is $13,950 ($15,500 x 90%).
The risk assessment process helps companies to identify potential risks and implement effective risk management strategies to reduce the impact of risks on business performance and financial health. Risk assessment is an important process in any business that helps to identify, analyze, and evaluate risks associated with business operations, services, and products. The purpose of risk assessment is to identify potential risks that can impact business performance, customer satisfaction, reputation, and financial health.
In this case, the company is in the process of determining the dollar amount of loss from user error.
The expected annual loss from user error can be determined by multiplying the probability of occurrence by the expected loss. In this case, the probability of user error is 90%, and the losses range from $1,000 to $30,000 with an even distribution,
so the expected loss can be calculated as the average of the minimum and maximum loss, i.e., $15,500 ((1,000 + 30,000) ÷ 2).
Therefore, the expected annual loss from user error can be calculated as:
Expected annual loss = probability of occurrence x expected loss
= 90% x $15,500
= $13,950
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explain any 3 savings offered by postal service
Savings accounts come in a variety of varieties, and they are not all the same. Traditional savings accounts, high-yield savings accounts, money market savings accounts, certificates of deposit, cash management savings accounts, and speciality savings accounts are available.
What postal savings accounts are and how they workFrom 1911 through 1967, the United States ran a postal savings program that allowed people to deposit money in accounts secured by the government and generating interest. However, as commercial banks raised the interest rates on savings accounts, the Postal Savings System's popularity fell, and the program was abandoned in 1967.
What are the finest Post Office savings?The outcomes are guaranteed because this post office initiative is sponsored by the Indian government. The interest rate for the current quarter is 6.8%. (October 2022–December 2022). This fixed-income savings plan has a five-year term. Therefore, the lock-in time is also five years.
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When you type in sustainable travel, the website for g adventures appears first in the list. This is an example of.
When you type in sustainable travel, the website for g adventures appears first in the list. This is an example of search engine optimization.
What is search engine optimization?To increase a website's visibility when users search for goods or services, a technique called search engine optimization is used which helps in boosting the credibility of information.
Search engines frequently view websites that perform well on search engine results pages as being of high caliber and reliability and help websites to improve in search by adding a relevant keyword.
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lyft’s use of driver ratings helps to give passengers confidence in their knowledge of the drivers and to convey trust. this relates to which component of service quality?
Assurance to humans in terms of service delivery is very important. It tells if service delivered is acceptable or not. This relates to Assurance component of service quality.
In the various sector or the economy, there are various ways used to improve service quality. In the transportation sector, service quality is done through: The encouragement of agent feedback. The use of agents listen to calls. The sending of post-contact surveys after every interaction. etc.Conclusively, Service Assurance is the use of policies and processes by any firm to make sure that services rendered meet a pre-defined service quality level.
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What are the eight differences between personal selling (direct contact) and non-personal selling (indirect contact, such as Internet sales)?
Answer:
see below
Explanation:
Personal selling is popularly known as a face to face selling or direct selling. In personal selling, the salesperson engages a potential customer in a conversation to persuade them to buy. This type of selling requires the physical presence of a salesperson engaging in a one-on-one conversation with the clients. Its success largely depends on the selling skills of the salesperson.
Non-personal selling is the use of advertisements to persuade customers to buy. There is no direct meeting between the seller and buyer; hence the term indirect, impersonal, or non-personal selling. Non-personal selling uses print media, broadcast media, and digital platforms to reach out to customers.
The repayment of a note payable is classified in the statement of cash flows as a(n): _______
a) noncash activity.
b) investing activity.
c) operating activity.
d) financing activity.
The repayment of a note payable is classified in the statement of cash flows as a financing activity.
The financing activity in the cash flow statement focuses on how a firm raises capital and pays it back to investors through capital markets. The largest line items in the cash flow from financing activities statement are dividends paid, repurchase of common stock, and proceeds from the issuance of debt.
The cash flow from financing activities helps investors see how often and how much a company raises capital and the source of that capital.
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Compensation from your employer over and above your income describes:
A. payroll benefits.
B. employee benefits.
C. gross income.
D. net income
Answer:
the answer is c. Gross income
Answer:
Employee benefits
Explanation:
trust
Which of the following criteria is important when identifying a potential
mentor?
A. Whether you admire the person
B. The person's passions outside of work
C. How much money the person makes
D. How many mentees the person has had previously
SUBMIT
Answer: A
Explanation:
Answer:
A. Whether you admire the person
Explanation:
Need help
what did police find in Bidens home?
Answer:
Explanation:
The FBI spent more than 12 hours searching President Biden's Wilmington, Del., residence Friday, and found more classified documents.
Some of the items date back to Biden's time as a a senator, while others were from his time as vice president, said Biden's personal attorney, Bob Bauer, announced the extraordinary development in a Saturday night statement. The Justice Department also took some handwritten notes for further review, he said.
A spokesman for the U.S. attorney in Chicago, who is overseeing the investigation of the documents until special counsel Robert Hur is in place, confirmed the search, saying that the FBI had "executed a planned, consensual search" of Biden's home.
It's the latest in a series of disclosures that has raised questions about Biden's handling of classified material, and comes after the White House had said that searches of Biden's residence had been complete.
Biden says he has 'no regrets' on how he's handled classified documents discovery
POLITICS
Biden says he has 'no regrets' on how he's handled classified documents discovery
Biden has been defiant about the issue, telling reporters on Thursday that he has "no regrets" about how he and his team have handled the discovery and disclosure of the documents.
Answer: he fbi found classified documents
Explanation:
Trent is drawing a diagram of his house for a school project. He decides that every 5 feet in real life should be 2 inches in the diagram. Trent’s living room is 15 feel long. How long should Trent’s living room be in his diagram.
Using simple mathematical operations we know that 15 feet in real will be 6 inches in the Treant's drawing.
What are mathematical operations?A rule that specifies the right procedure to follow while evaluating a mathematical equation is known as the order of operations.
Parentheses, Exponents, Multiplication and Division (from Left to Right), Addition, and Subtraction are the steps that we can remember in that order using PEMDAS (from left to right).
So, we know that:
5 feet in real is 2 inches in the drawing.
Then, 15 feet in real would be:
5 * 3 = 15 feet
Similarly,
2 * 3 = 6 inches
Therefore, using simple mathematical operations we know that 15 feet in real will be 6 inches in the Treant's drawing.
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Now it's your turn. What do these examples inspire you to think about in terms of your own purpose?
How can you use your digital footprint to make a positive impact on the world? To begin answering
these very big questions, choose two of the brainstorming questions (one from each group) and write a
short response for each. When you're done, be prepared to share your ideas with a partner.
Brainstorming Questions
Response 1 Questions (Choose one)
1. What problems, either in your school or community, or in the world, are you concerned about?
Which ones do you most want to be solved?
2. What person, group, or event inspires you the most? Why? How could they or it be a model for your
own life?
3. What activities or experiences in your life have been the most enjoyable? Why do you think that is?
Response #1
I chose question #
Your online identity, uniqueness, and digital footprint are what define you as a person. Depending on what you do online, it develops your online reputation or impression.
Who, what, or what event most inspires you? Why? How could it or they serve as a role model for your life?Judith K. Rowling - No one can deny this British native's success, regardless of whether you're a Harry Potter fan or not. The estimated $15 billion valuation of the Harry Potter empire (yes, you read that correctly).
Many people are unaware of Rowling's difficult past, which occurred immediately before the publication of her books.
She wed, endured abuse, gave birth to a daughter, and then filed for divorce from her husband. She had to enroll herself on welfare in order to survive after losing her mother to MS.
Furthermore, every major British publishing business turned down the first Harry Potter novel. One ultimately said yes, and the business was off and running.
J.K. Rowling is an inspirational author because she uplifts kids, establishes strong female role models, and lends her creativity and generosity to charities and rising teenagers.
"Dwelling on dreams while ignoring the present is not healthy." J. K. Rowling
Even if everything is bad, there is still hope for improvement. There are obstacles at every turn, so keep going.
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In ________, one firm provides the product or service in a particular industry, which results in less price competition.
Monopolies are said to exist when one company provides the product or carrier in a particular industry, and as such effects in much less rate competition.
What is monopoly oligopoly and monopolistic competition?An oligopoly will allow extra than one honcho to co-exist, and a monopolistic competition will enable several players to enter into the market, while a monopoly will essentially be the one that stands apart and guidelines the complete demand and provide chain in the unique discipline of selection.
What is the that means of monopolistic market?A monopolistic market is a theoretical circumstance that describes a market where only one employer may offer products and services to the public. A monopolistic market is the opposite of a perfectly competitive market, in which an infinite quantity of firms operate
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https://brainly.com/question/7217942#SPJ4The value of the marginal propensity to save is 0.2. If real GDP increases by $50 billion, this situation was the possible result of an increase in the government purchases of $
Answer:
$10 billion
Explanation:
You can find the spending multiplier by 1/MPS+MPI but since only MPS is given, 1/.2 = 5
We can use this to find how much the government injects into the economy to boost is 50 billion.
50 / 5 = $10 billion
The market worth of all the finished goods and services that nations produce and sell in a certain time period is measured in dollars by their gross domestic product (GDP). Hence increase in the government purchases of $ 10Billion.
What is GDP ?This measurement is frequently reviewed before being regarded as a valid indicator due to its subjective and complicated character.
The vocabulary of economists is extensive. The term "GDP" (gross domestic product) is one of the most popular. It is frequently quoted in newspapers, on television news, in government reports, central bank reports, and corporate reports.
The USA is by far the largest economy in our ranking for 2021, with a GDP of $23.0 trillion dollars. China, with a GDP of 17.7 trillion dollars, is in second place after it.
find the spending multiplier by 1/MPS+MPI but since only MPS is given, 1/.2 = 5
We can use this to find how much the government injects into the economy to boost is 50 billion.
50 / 5 = $10 billion
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It has been argued that once markets are freed up and macroeconomic stabilization is assured there is no need for sectoral policies. briefly explain four reasons why the agricultural sector is different
It has been argued that once markets are freed up and macroeconomic stabilization is assured there is no need for sectoral policies. However, the agricultural sector is different.
Four reasons why the agricultural sector is different are:1. Multiple objectives of agricultural policy: Agricultural policies are used for various reasons such as for improving agricultural production, for guaranteeing food security, to raise farmers' incomes, for conserving natural resources and biodiversity.2. Public goods: Many of the services that the agriculture sector provides are public goods. These include environmental services such as protection of soil, water, and biodiversity and it provides other social services as well. 3. Market imperfections: Agricultural markets have many imperfections such as information asymmetries, high transaction costs, and monopsonistic buyers. These market imperfections create inefficiencies in the market system and need to be corrected.4. Volatility: Agriculture is known for its inherent volatility in production and prices. Therefore, agricultural policy is needed to manage this volatility and reduce its negative effects on farmers and consumers.
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coronando surplus made cash sales during the month of october of $390000. the sales are subject to a 7% sales tax that was also collected. which of the followign would be included in the summary journal entry to reflect the sale transaction?
To reflect the sale transaction, the following would be included in the summary journal entry: Sales Revenue: The cash sales amount of $390,000 would be recorded as an increase in the Sales Revenue account.It represents the total revenue generated from the sale of goods or services.
Sales Tax Payable: The 7% sales tax collected on the cash sales would be recorded as a liability in the Sales Tax Payable account. This account represents the amount of sales tax collected from customers that needs to be remitted to the appropriate tax authorities.Sales Revenue-$390,000. Sales Tax Payable-$27,300.Cash-$417,300. In this example, the Sales Revenue account is debited by $390,000 to reflect the cash sales, while the Sales Tax Payable account is credited by $27,300 to record the sales tax collected.
Finally, the Cash account is credited (decreased) by $417,300 to reflect the total amount received from the sales transaction, including the sales tax collected.It's important to note that the specific accounts used in the journal entry may vary depending on the company's chart of accounts and accounting system. However, the concept of recording the cash sales as revenue and the sales tax collected as a liability remains the same.
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hedge funds are a type of mutual fund for wealthy investors and therefore subject to most of the same regulations and disclosure requirements as other mutual funds. true false quizlet
False. Hedge funds are not a type of mutual fund, although they do share some similarities. While both hedge funds and mutual funds pool money from multiple investors, there are distinct differences between the two.
Hedge funds are typically only available to accredited investors, who are wealthy individuals or institutions that meet certain income or net worth criteria. Mutual funds, on the other hand, can be accessed by a wider range of investors, including retail investors. In terms of regulations and disclosure requirements, hedge funds operate under different rules compared to mutual funds. Hedge funds are subject to fewer regulations and are not required to provide as much disclosure to their investors.
This is due to the fact that hedge funds are considered more sophisticated investment vehicles, and their investors are assumed to have a higher level of financial knowledge and expertise. It's important to note that regulations and disclosure requirements can vary by country and jurisdiction. However, generally speaking, hedge funds have more flexibility and fewer regulatory constraints compared to mutual funds.
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a local furniture store is examining its inventory policy and considering using an economic order quantity approach
A local furniture store is examining its inventory policy and considering using an economic order quantity (EOQ) approach for a popular table set that they have had difficulty keeping in stock. They have the following information about the set:
Annual demand = 5000 sets
Current order quantity = 75
Carrying cost = $2.00/unit/year
Order cost = $450
Total stocking cost is the cost to the store of holding a good in its inventory. The stocking cost consists of the carrying cost times half the quantity in inventory and the order completion cost times demand divided by the quantity. In its mathematical form the cost is represented by TSC=(Q/2)C + (D/Q)S.
The total annual stocking cost at the EOQ is 46975
What is an EOQ?Economic Order Quantity, also known as Economic Purchase Quantity, is the order quantity that minimizes the total holding costs and ordering costs in inventory management. It is one of the oldest classical production scheduling models.
Therefore, the correct answer is as given above
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The complete question goes thus:
A local furniture store is examining its inventory policy and considering using an economic order quantity (EOQ) approach for a popular table set that they have had difficulty keeping in stock. They have the following information about the set:
Annual demand = 5000 sets
Current order quantity = 75
Carrying cost = $2.00/unit/year
Order cost = $450
What is the total annual stocking cost at the EOQ?
while consumer fraud often affects individual people directly, in what ways does consumer fraud affect everyone?
Consumer fraud not only affects individuals directly but also has broader implications that impact everyone in various ways.
Consumer fraud affects everyone by undermining trust and confidence in the marketplace. When fraudulent activities occur, it erodes the trust that consumers have in businesses, products, and services. This loss of trust can have a domino effect, leading to decreased consumer spending, reluctance to engage in transactions, and overall economic instability. Moreover, consumer fraud often necessitates regulatory interventions and legal actions, diverting resources and attention away from other important societal issues.
Additionally, consumer fraud can result in higher costs for goods and services. When businesses incur losses due to fraud, they may attempt to recoup those losses by increasing prices, which ultimately affects all consumers. Furthermore, the costs associated with investigating and prosecuting consumer fraud cases are often passed on to the public through taxes and fees.
Moreover, consumer fraud can have broader societal implications. It can contribute to social inequalities as vulnerable populations, such as the elderly or low-income individuals, are disproportionately targeted and suffer greater financial losses. It also strains resources within law enforcement agencies, consumer protection organizations, and the legal system, as they work to address and prevent fraudulent activities.
In summary, consumer fraud affects everyone by eroding trust, leading to economic repercussions, increasing costs, and diverting resources. It highlights the need for robust consumer protection measures, enforcement efforts, and public awareness to mitigate the impact of fraud on individuals and society as a whole.
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which of the following are profitability ratios? multiple select question. a. return on equity b. profit margin c. debt equity d. ratio times interest e. earned ratio f. current ratio
The profitability ratios among the options provided are a) return on equity and b) profit margin. The return on equity ratio calculates the amount of profit a company generates in comparison to the amount of shareholder equity.
This ratio is essential in determining how efficiently a company is using its shareholders' investments to generate profit. The profit margin ratio, on the other hand, indicates how much profit a company generates for every dollar of revenue earned. It measures the company's ability to control its costs and increase revenue. The remaining options are not profitability ratios.
The debt equity ratio determines the amount of debt financing a company uses compared to its equity financing. The ratio times interest is not a standard financial ratio. The earned ratio is a liquidity ratio that calculates a company's ability to pay off its current liabilities using its current assets. The current ratio also falls under liquidity ratios, measuring a company's ability to pay off its current liabilities using its current assets.
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The number of minorities in the workforce is _____. a. diminishing b. increasing c. unchanging d. decreasing
Answer:
Option b (increasing) is the correct choice.
Explanation:
Business owners may use statistics on either the minority race demographic to select a representative sample of about there workers with either the aspects of the brand living nearby. The population group query has also been used to obtain a depend on a number element.The remaining three options are not relevant to the situation in question. It should be the correct solution to the above.
Answer:
it is b
Explanation:
hope this helps
Sicely invests 4600 dollars in an account paying an effective rate of interest of 4.2 percent. Two years later, she deposits an additional 1300 jollars. If there are no other transactions, how long will it take (from the time of thefirst investment) for her account balance to reach 10000 dollars?
It will take 20.64 years for Siceli's account balance to reach $10,000, assuming she makes an additional deposit of $1,300 after 2 years.
We can use the compound interest formula to calculate the time it takes to reach $10,000:
FV = PV * (1 + r/n)^nt
Where:
FV is the future value ($10,000)
PV is the present value ($4,600)
r is the annual interest rate (4.2%)
n is the number of compounding periods per year (1)
t is the number of years
We can solve for t:
10000 = 4600 * (1 + 0.042)^t
(1 + 0.042)^t = 2.173913
t = log(2.173913) / log(1 + 0.042)
t = 19.42 years
Therefore, it will take 19.42 years for Siceli's account balance to reach $10,000.
However, we need to take into account the additional $1,300 that Siceli deposits after 2 years. So we need to adjust the formula:
FV = PV * (1 + r/n)^nt + A
Where:
A is the additional amount deposited ($1,300)
We can solve for t:
10000 = 4600 * (1 + 0.042)^t + 1300
(1 + 0.042)^t = 2.617391
t = log(2.617391) / log(1 + 0.042)
t = 20.64 years
Therefore, it will take 20.64 years for Siceli's account balance to reach $10,000, assuming she makes the additional deposit after 2 years.
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What is the first thing the law requires you to do when you arrive at an intersection? Explain what you should do if there is an officer directing traffic.
Answer:
If a law enforcement officer if directing traffic where there are traffic lights, OBEY the officer – not the signals. You must yield the right-of-way to all other traffic and pedestrians at stop signs. Move forward only when the road is clear. At four-way signs, the first vehicle to stop should move forward first.
The very first action we do is stop at the junction as if it were a red light and waiting for police to notify you when it is safe to go.
Explanation:
If a police officer directs traffic in an area with traffic signals, respect the officer rather than the signals. At stop signs, you must surrender the right-of-way to all other cars and pedestrians. Only proceed when the road is clear. When approaching a four-way stop, the first car to halt shall proceed first.
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Both fowler landscaping and stanley cleaning services have estimated their uncollectible accounts at 12/31/22 to be $3,500. In addition, both companies use the allowance method for uncollectible accounts. If stanley has to record an amount larger than $3,500 for their bad debts expense at the end of 2022, and fowler has to record an amount less than $3,500, what can you assume about the balance of the allowance for doubtful accounts account for each company?.
Stanley Cleaning Services has a debit balance in Allowance for Doubtful Accounts at the end of 2017, whereas Fowler Landscaping has a credit balance.
An allowance is a quantum of plutocrats given or distributed generally at regular intervals for a specific purpose. In the environment of children, parents may give an allowance to their child for their eclectic particular spending.
The normal balance for Allowance for Doubtful Accounts is a credit balance. A company with a disbenefit or zero balance will have an advanced conforming entry than a company with a credit balance, and a company with a zero or credit balance will have a lower conforming entry than a company with a disbenefit balance, handed both companies need the same ending balance.
still, the only correct option is that Stanley had a disbenefit balance and Fowler had a credit balance in their Allowance for Doubtful Accounts at the end of 2017, If Stanley Cleaning Services has a larger conforming entry than Fowler Landscaping.
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It’s a good idea to use a _____ to track your job hunting efforts.
map
scrapbook
journal
calendar
Mark believes he needs an minimum of two exposures for the campaign to be effective. What number of people will receive a minimum of two exposures if he places ads in both HSS and ACT in the same month
If he places ads in both HSS and ACT in the same month, the number of people who will receive a minimum of two exposures depends on the overlap between the two audiences.
By placing ads in both HSS and ACT, Mark is essentially targeting two different groups of people. The number of people who will receive a minimum of two exposures can be determined by identifying the individuals who are present in both audiences. This overlap represents the portion of the target audience that will be exposed to the campaign through both channels.
Mark needs to analyze the data on audience overlap between HSS and ACT. This can be done by comparing the demographics, interests, or any other relevant criteria of the audiences. By identifying the common individuals in both groups, Mark can determine the size of the target audience that will receive multiple exposures.
By conducting an analysis of the audience overlap, Mark can make an informed estimate and adjust his campaign strategy accordingly.
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In which year did gross national product first exceed $11 trillion?
a. 2002
b. 2003
c. 2004
d. 2005
Answer:
2003
Explanation:
Just took Quiz this was correct
what is the walmart employee discount?
You receive a 10% discount on normally priced general products and fresh produce as a Walmart associate.
A rebate-style discount is one where the customer must specifically request it and is given after the point of sale. Typically, this application is accompanied by proof of purchase, such as a sales receipt or the bar code on a box containing an item. A discount, whether expressed in terms of money or as a percentage, is a reduction in the regular selling price of a good or service. In fixed-income trading, a discount occurs when the price of a bond trades below its par value, also known as face value. Bonds may sell at a discount for a variety of reasons, including rising interest rates or the issuer's financial difficulties.
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At the end of the month, you have only $10 left in your checking account. You deposit your $200 paycheck from your part-time waitressing job, but the restaurant is not doing well and your paycheck bounces. Your bank holds you accountable and charges you $50 for depositing a bad check. What is the balance of your checking account after attempting to deposit your bad paycheck?
Answer:
the money left in your account is $ 460 because you deducted $ 50
Explanation:
5. If you wanted to show how many employees at your office ride a bicycle to work in comparison to the number of employees who drive a car, take public transportation, or walk, what visual would be best? (1 point)
Answer:
a bar graph
Explanation:
A bar graph may be defined as a visual representation of the categorical data or information which is represented by rectangular shape bars with their lengths or height proportional to the values they represent. A bar graph is also known as bar charts.
The rectangular bars can be plotted either vertically or horizontally.
In the context, a bar graph or a bar chart would be the best option to represent the number of employees who ride a bicycle and come to office and compare them to the number of employees who takes a public vehicle, drives a car or even come to office by walking.
Which industry has a larger economic impact in the u. S. -sports or entertainment?.
The entertainment industry has a larger economic impact on the US
The combined economic impact of media and entertainment in 2020 was staggering: $2 trillion globally and $500 billion in the United States, the world's largest entertainment market. The Technology Association of Georgia identified 713 media and entertainment businesses in Georgia that employ 40,000 people and bring in $14.7 billion in yearly sales. The cinema, television, music, and video game industries have made Georgia into a global centre, and these industries collectively generated $6.6 billion in income. Despite experiencing a downturn during the beginning of the epidemic, many media and entertainment firms have a bright future. Through 2024, the entertainment sector is anticipated to grow at a 6% annual rate.
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The main functions of human resource management can be categorized into ... A. Line function, management functions, and employee functions. B. Specialized functions and generalized functions. C. Staff functions, line functions, and coordination functions. D. Labor functions, coordinate functions, and general functions.
Answer:
C. Staff functions, line functions, and coordination functions
Explanation:
Human resource management functions may be classed into : line functions which involves the segment charged with the transition of an organization directly into its daily operational activities such as production, selling marketing and other customer service activities. The Staff functions of the human resource Management refers to advisory support on various activities of the organization which has to do with staffing, recruitment.
Coordination function involves the implementation of strategies which ensures synergy between various departments ensuring the adopting of best strategy to ensure maximum output.