The balance sheet identity shows that stockholders' equity equals assets minus liabilities.
The balance sheet of a company is one financial statement of the company, measured at a particular point of time. It shows the assets, liabilities, and stockholder’s equity of a company.
The assets are the productive or valuable items owned by a company, such as buildings, vehicles, intellectual property, etc. Liabilities refers to the financial and other debts of the company that it is required to pay back in some form within a particular period.
The stockholder’s equity, which is the interest of shares owned by the stockholders in the company, is calculated by subtracting the firm’s total assets with its total liabilities.
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A number of people who work on similar tasks or follow the same procedures is called a:________
A group of persons that carry out the same tasks or adhere to the same protocols is referred to as: Process (work)
division of labor
It is defined as the partition of a work process into a number of tasks, each of which is carried out by a different individual or group of individuals. It is one of the fundamental organizational principles of the assembly line and is most frequently used in mass production systems.
Eliminating needless motion and limiting the handling of various instruments and parts are two benefits of breaking work down into simple repetitive operations. Because of the resulting decrease in manufacturing time and the opportunity to replace experienced workers with less-paid unskilled ones, production costs are reduced, making the finished product less expensive.
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How the firm raises the money required for its investments and operations is known as the:_______
How the firm raises the money required for its investments and operations is known as the Financing Decision.
What role does the cost of capital play in the firm's long term investment decisions?
Businesses and investors can evaluate all investment options with the help of the cost of capital. By keeping it discounted, it accomplishes this by converting future cash flows into present value. Making important business budget decisions that employ company financial resources as capital can be aided by understanding the cost of capital.How do you describe a company's capital structure?
The capital structure of a corporation is encapsulated by the debt-to-equity ratio (D/E ratio). Entire debt is divided by total equity to arrive at the ratio. A greater ratio indicates that a corporation borrows more money to fund its operations, and vice versa.Learn more about Financing Decision
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If a person spends $18 a week on coffee (assume $900 a year), what would be the future value of that amount over 8 years if the funds were deposited in an account earning 2 percent?
If a person spends $18 a week on coffee (assuming $900 annually), the money would be worth $7,725 in 8 years if it were placed into an account generating 2%.
Define the monthly contribution you'll make (P), the period-to-period return rate (r), and the total number of periods you'll contribute (n). Subtract one from [tex](1 + r)^{n}[/tex] and divide the result by r. Multiply the result by P and you will obtain the future value of an annuity.
Here
Annual deposit amount = $ 900
Number of years = 8
Interest Rate = 2%
Using the Future Value Annuity Table, the future value of the retirement account will be determined.
FVAF (2%, 8 years) = 8.583
Future Value = 900 × 8.583 = $7,725
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Kia motor company is performing a key function of operations management when it ________ for its new line of automobiles.
Kia motor company is performing a key function of operations management when it purchases new parts and supplies for its new line of automobiles.
Kia motor company
Kia Corporation, or simply Kia, is a South Korean multinational automobile manufacturer headquartered in Seoul. With sales of over 2.8 million vehicles in 2019, it is South Korea's second largest automobile manufacturer after its parent company, Hyundai Motor Company. Kia began as Kyungsung Precision Industry on June 9, 1944, as a manufacturer of steel tubing and bicycle parts, eventually creating Korea's first indigenous bicycle, the Samchully, in 1951.
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An increase in government subsidies for an industry, which reduces production cost, causes the market equilibrium price to _____ and the market equilibrium quantity to _____.
An increase in government subsidies for an industry, which reduces production cost, causes the market equilibrium price to decrease and the market equilibrium quantity to increase.
This is further explained below.
What are government subsidies?Generally, Certain industries or economic sectors may qualify for financial help from the government in the form of subsidies, which may take the form of payments, tax exemptions, or other types of economic assistance.
The purpose of subsidies is to lend assistance to or provide support for aspects of the economy or of the national infrastructure that is seen as being particularly important.
When there is a decrease in manufacturing costs, the supply curve for the industry moves to the right.
This creates a new point of balance in the system (the intersection of supply and demand curves). The new price on the market will be cheaper, and both production and consumption will increase to a greater extent.
In conclusion, The reduction in production costs brought about by a rise in government subsidies for a particular industry leads to a lower market equilibrium price and a greater market equilibrium quantity than would otherwise be the case.
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The goodyear tire company is organized by regions: north america, europe, middle east and africa, latin america, and asia pacific. these divisions of goodyear are called:_______
The Goodyear tire company is organized by regions: North America, Europe, the middle east and Africa, Latin America, and the Asia Pacific. these divisions of Goodyear are called Segments.
What is a business segment?A business segment is a section that derives income through the sale of a product, a line of products, or a service unrelated to the main area of concentration for the company. Market segmentation is the process through which a company divides its target market into more manageable portions or units. In an effort to successfully target each target market, the company takes this action.
Market segments can be seen in the divide formed by Goodyear tires.
A business sector is a division of an organization that can be recognized by the goods, services, or areas of operation it offers. In other terms, it is a specific area of a business that can be clearly distinguished from the entire corporation based on its clients, offerings, or markets.
Companies are frequently divided into business segments by management to determine which sections of the firm are operating well and which areas require development. In periods of poor economic growth, management also divides firm performance into sectors to decide whether to stop operating in particular markets or eliminate departments entirely.
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During the purchase phase for new skis, larry creates a __________ based on his skiing ability and price.
During the purchase phase for new skis, Larry creates a Consideration set based on his skiing ability and price.
Consideration set
The brands or goods that remain after a person has reduced their options using their own unique screening criteria, such as prior exposure, brand awareness, pricing, and more, are known as a consideration set.The consideration set is crucial because, in increasingly complicated decision circumstances, the choice process is frequently conceptualized as a two-stage sequence, as was covered in Roberts (1989) and Roberts and Nedungadi (1995).To Learn more about Consideration Set, Click the links.
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Ironwood company had assets of $248,000 and liabilities of $160,000. during 2022, assets increased $28,000 and liabilities increased $7,200. what was stockholders' equity at december 31, 2022?
$340,000. stockholders' equity on December 31, 2022
$280,000 + ($375,000 - $285,000) - $30,000 = $340,000
Total Assets = Penalties + Owner's Equity
How to Calculate Current Liabilities.The equation must counteract because everything the firm owns must be purchased from debt (liabilities) and assets (Owner or stockholders equity). The owner's equity is computed by adding up all of the business assets and removing all of its liabilities.
To calculate current liabilities, you ought to add together all the money you owe lenders within the next year (within 12 months or less). Current liabilities contain current payments on long-term loans (like mortgages) and client deposits.
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Direct labor and manufacturing overhead costs are known as blank______ costs. multiple choice question. period\
Direct labor and manufacturing overhead costs are known as conversion costs.
What does Direct Labor mean?A product, cost center, or work order-specific production or service worker is referred to as direct labor. When a company manufactures goods, direct labor is the work of the production team that actually creates the goods, such as machine operators, assembly line workers, painters, and so forth. When a business offers services, direct labor is seen as the work of those individuals who offer services to clients directly, such as consultants and attorneys. In most cases, a person who bills time to a client is putting in actual labor hours.
Generally speaking, the cost of normal hours, shift differentials, and overtime hours spent by employees are considered to be direct labor costs.
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How many people die in the government-regulated economy where the government-set price ceiling is p = $0?
A price ceiling is a cap on the highest price that can be charged for a good, commodity, or service that is established by the government or another party.
What is price ceiling?
A price ceiling is a cap on the highest price that can be charged for a good, commodity, or service that is established by the government or another party. Governments implement price caps allegedly to safeguard consumers from situations when commodities might become unaffordable.
A price ceiling occurs when the amount charged exceeds or falls short of the equilibrium price set by supply and demand in the market. Higher price ceilings have been proved to be counterproductive. In the housing rental market, it has been discovered that price ceilings are very significant.
The economics of regulation is known as regulatory economics. It is the application of the law by the state or its regulatory bodies for a variety of reasons, such as addressing market failure, preserving the environment, and managing the economy.
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Mintzberg proposed that managers utilize written communication more than verbal communication. true /false
Mintzberg proposed that managers utilize written communication more than verbal communication. False, the given statement is not correct.
Verbal communication is always more often used by managers.
What are types of communication?A productive workplace requires effective communication. The process of conveying information from one person to another, or to a group of individuals, is known as communication and is frequently characterized as a soft skill or an interpersonal skill. Each manner of communication has a significant impact on the dissemination of knowledge. Verbal, nonverbal, written, and visual communication are the four basic forms we employ on a regular basis.
1. Verbal communication involves speaking or using sign language to convey information. It is one of the most popular varieties and is frequently used in meetings, conferences over the phone, and via video, presentations, and one-on-one interactions.
2. Nonverbal communication is the exchange of information with others through body language, gestures, and facial expressions. When you hear a good or entertaining concept or fact, for instance, you might unconsciously smile. When attempting to comprehend the thoughts and feelings of another, nonverbal communication can be useful.
3. Visual Communication
Using images, artwork, sketches, charts, and graphs to convey information is known as visual communication. During presentations, visuals are frequently utilized as a support to provide the helpful context in addition to written and/or vocal communication. Because everyone learns differently, some people may benefit more from visual communication when it comes to understanding concepts and information.
Thus, there are various types of communication.
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If you want to take advantage of compound interest, what should you do when an investment produces interest? a. use the interest to pay your bills. b. reinvest the interest. c. put the interest in a savings account. d. put the interest in a checking account. please select the best answer from the choices provided a b c d
The best answer from the given option is reinvest the interest. (b)
When you choose to reinvest the interest got from an investment,, you have higher chances of getting more and higher interest for bigger and profitable investments.
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from the consumer's perspective, which of the following is a postpurchase question? question content area bottom part 1 a. what are the best sources of information to learn more about alternative choices? b. how is the product eventually disposed of? c. what does this purchase say about the consumer? d. what determines whether a consumer will be satisfied with a product? e. is acquiring a product a stressful or pleasant experience?
From the consumer's perspective, an example of a postpurchase question is: b. how is the product eventually disposed of?
What is consumer behavior?Consumer behavior can be defined as the study of the processes that are involved when individuals or groups of people engage in the selection, purchase, use, or disposal of products (goods), ideas, services, or experiences to satisfy their unending needs, requirements and desires.
From the consumer's perspective, we can reasonably infer and logically deduce that an example of a postpurchase question is "how is the product eventually disposed of?" because at this point the product has reached the end of its life cycle.
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The number of sellers or competitors in a market is a determinant or shifter of the___curve.
The number of sellers or competitors in a market is a determinant or shifter of the supply curve.
Who is a seller?A seller can be defined as a person selling their goods or services to the people in the market. A seller can be an individual, a wholesaler, or an enterprise.
The change in the supply curve can be defined as the relation between the price of the commodity and the number of suppliers.
As a new competitor or new supplier enter the market, there will be a consequence ship in the supply curve, and they change the moment from the upward and the downward slope.
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Countries experiencing balance-of-payments deficits can obtain short-term loans from?
Generally, any countries that is experiencing balance-of-payments deficits can obtain short-term loans from the International Monetary Fund.
What is the role of International Monetary Fund?The Financial body is established to promote trade amongst member nations by eliminating and fostering financial cooperation. The International Monetary Fund makes a short-term loans to member countries that have balance of payment deficits and provides foreign currency to member nations. This body is the closest thing the world has to an international central bank.
As a country with a balance of payments deficit tells that its imports more goods, services & capital than it exports which might make it borrow from other countries to pay for its imports, then, the International Monetary Fund can provide a short term funding to stabilize the deficit.
Therefore, any countries that is experiencing balance-of-payments deficits can obtain short-term loans from the International Monetary Fund.
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The real rate is 3 percent and the inflation rate is 4.6 percent. what rate would you expect to see on a treasury bill?
The rate we would expect to see on a treasury bill is 7.74%.
What is a treasury bill?Treasury bills (also known as T-bills) have been short-term securities which mature with one year less than from the date they are issued. T-bills are purchased for less than or equal to their face value, and then when they mature, the Treasury pays the face value.
Now, as per the given question;
The current real rate is 3.0 percent.
The current inflation rate is 4.6 percent.
The fishers equation must be used to calculate the expected interest rate on a treasury bill.
1 + R = (1 + r)(1 + h)
As a result, the treasury bill rate can be estimated as follows:
1 + R = (1 + r)(1 + h)
The current real rate r = 3.0%
= 3.0/100
= 0.03
The h current inflation rate = 4.6%
= 4.6/100
= 0.046
Substituting the values in the formula;
R = (1 + r)(1 + h) - 1
= (1 + 0.03)(1 + 0.046)-1
= (1.03 × 1.046)-1
= 1.07738-1
= 0.07738×100
= 7.738%
R = 7.74%
Therefore, the expect treasury bill is estimated as 7.74%.
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social responsibility programme implemented by a business
Depending on the business and industry, corporate social responsibility
social responsibility is a broad term that can take many different shapes. Businesses can build their brands while contributing to society through CSR initiatives, charity, and volunteer work. However, before a company can be considered socially responsible, it must first be held accountable to itself and its shareholders. Companies that implement CSR initiatives frequently expand to the point where they can support the community. Therefore, CSR is often a technique that big businesses use. After all, a company has a greater need to provide an example of moral conduct for its associates, rivals, and industry the more visible and successful it becomes.
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If a comparable has one less bathroom than the subject, an adjustment is made by?
If a comparable has one less bathroom than the subject, an adjustment is made in terms of money. Something of worth or value that is either a loss suffered by the party making the promise or a gain obtained by the other party is necessary for the establishment of a legal agreement.
Valuable ConsiderationIn order to enter into a contract that is enforceable in court, consideration is necessary by contract law. For a contract to be formed, it is a necessary component. However, the definition of what is sufficient consideration is still up for controversy in the law. The phrase "valuable consideration" is commonly used in contracts and by courts to refer to payment adequate to support an enforceable agreement.
Typically, consideration takes the shape of a commitment to carry out a desired action or a vow to refrain from acting in accordance with one's legal rights. Therefore, in order to execute a promise, a party must have made a payment or assumed financial responsibility for doing so, delivered products, invested time and effort, or given up some other lucrative opportunity or legal privilege.
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If ramen noodles are an inferior good, then an increase in income will lead to a:________
If ramen noodles are an inferior good, then an increase in income will lead to an increase in the demand for Ramen Noodles.
What are inferior goods?The demand for a class of goods known as inferior goods decreases as consumer income increases. When a nation's economy expands, so does the income of its people, which leads them to abandon the cheaper brands they previously bought in favor of more expensive ones.
The rise in household income has a significant impact on consumers' purchasing decisions, which in turn affects the sales of particular goods. As a result of their declining demand, these commodities become less appealing and of worse quality. In times of recession, economic contraction, or lower income, these commodities show negative price elasticity but end up being more accessible and in demand than pricey ones.
Therefore, it is the inferior goods whose demand decreases with an increase in income.
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Microeconomic models can be very useful for individuals, governments, and firms in making decisions because they?
Microeconomic models can be very useful for individuals, governments, and firms in making decisions because they: Allow decision makers to make predictions. People place a higher value on a good if they own it than if they are considering buying it.
A government is a system of organization for a country, state, or other political entity. Governments are responsible for creating and enforcing social, defense, foreign policy, economic, and public service rules. A political organization that governs a state or country. The definition of government is the exercise of control or power over a group of people. An example of a government is the UK Parliament.
Definition: A product is an item offered for sale. Products are services or items. It can be in physical or virtual or cyber form. All products are made at a price and sold at a price. The price that can be calculated depends on the market, quality, marketing and target segment. A product is an item or service that you sell to satisfy a customer's needs or desires. they are physical or virtual. Physical products include durable goods (such as cars, furniture, and computers) and consumables (such as food and beverages).
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Hayley won a lottery and will receive $1,000 each year for the next 30 years. the current value of these winnings is called the:______.
The current value of these winnings is called the present value.
What is the present value?
Present value is the sum of discounted cash flows. The cash flows that t are expected sometime in the future are discounted using an appropriate discount rate.
The higher the discount rate, the lower the present value and the lower the present value, the higher the present value. The longer in the future the cash flow is expected, the lower the present value and the shorter the time in the future the cash flow is expected, the higher the present value.
For example, the present value of 10,000 expected in 10 years at a discount rate of 10% is 10,000 / (1.10^10) = $3855.43
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the sunshine foundation provides funds to countries in south america to develop long-term sources of clean water. the sunshine foundation realizes that clean water is needed to improve health and preserve local ecosystems while creating a competitive advantage. the actions and interests of the sunshine foundation are examples of .
Because water is generally needed to improve health and preserve local ecosystems while creating a competitive advantage. the actions and interests of the sunshine foundation are examples of an environmental sustainability.
What is an environmental sustainability?This refers to the responsibility of the people to conserve natural resources and protect global ecosystems in order to support health and well-being and in the future.
The importance of environmental sustainability is to improve the quality of human life without putting unnecessary strain on the earth's supporting ecosystems, hence, the actions and interests of the sunshine foundation are examples of an environmental sustainability.
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The annual real estate tax on a duplex house is $20949 and the owner sells the house after 8 months of the tax year. how much of the annual tax will the seller pay? how much will the buyer pay?
The answer is $10,492.50. Overall, homeowners spend the most on property taxes in New Jersey, which has some of the most elevated effective tax rates in the country.
Property Taxes by StateThe state's average practical rate is 2.42% of a home's value, approximated to the national average of 1.07%.
Both the seller and buyer one the duplex for six months per; 1/2 of the year for the seller, and 1/2 for the buyer. Thus, without any other requirements of the purchase agreement, they each equally convey the annual tax bill of
$20,985 / 2 = $10,492.50
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Firms have a tendency to change the industry structure in their favor, for example by making industries more ______through mergers and acquisitions.
Firms have a tendency to change the industry structure in their favor, for example by making industries more Consolidated through mergers and acquisitions.
What are the major types of industry structure?The four famous types of market structures possess perfect competition, oligopoly market, monopoly market, and monopolistic competition
What is represented by industry structure?
Industrial structure represents the composition of a country's economic activity, the presentation of human material provisions. Industries are usually classified into three basic types according to their stage within the presentation process, or the type of value being added to a biological resource.
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Mateo spends $20 to have his hair cut at a salon. this expense is included in the ________ category of gross domestic product (gdp).
Mateo spends $20 to have his hair cut at a salon. this expense is included in the Consumption category of gross domestic product (gdp).
What is meant by gross domestic product (gdp) and what are its categories?The total monetary or market worth of all the finished goods and services produced within a nation's boundaries during a certain time period is known as the gross domestic product (GDP). It serves as a thorough assessment of the state of the economy in a particular nation because it is a wide indicator of total domestic production.
Personal consumption, corporate investment, government spending, and net exports are the four main components of the gross domestic product.
That reveals what a nation excels at generating. The nation's annual total economic production is measured by its GDP. It is comparable to the amount that is spent in that economy. The underground or black economy is the lone exception.
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A salamander relies on hydrogen bonding to stick to various surfaces. therefore, a salamander would have the greatest difficulty clinging to a _____.
A salamander relies on hydrogen bonding to stick to various surfaces. therefore, a salamander would have the greatest difficulty clinging to a surface of hydrocarbons.
What is a hydrogen bonding?It refers to the interaction involving a hydrogen atom located between a pair of other atoms having a high affinity for electrons, such bond are weaker than an ionic bond or covalent bond but stronger than van der Waals forces.
They can exist between atoms in different molecules or in parts of the same molecule. One atom of the pair such as a fluorine, nitrogen or oxygen atom, is covalently bonded to a hydrogen atom whose electrons it shares unequally.
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Laban works at a cannery and food factory. he often hears of the food and drug administration and how the factory needs to follow its standards. What does the fda do? choose all that apply.
Infants should have their chest compressed to at least 1.5 inches, or one third, of their chest's depth (4cm). CPR is necessary for a victim who is not breathing normally and has no pulse. Compression-to-ventilation ratio for adult CPR performed by two rescuers is.
Personnel must include those with the requisite professional training to ensure the competent execution of all industrial processes.
For adults, the recommended minimum depth of chest compression is 5 cm (2 inches). A child's compression depth should be at least one-third their chest size, or 5 cm for kids and 4 cm for babies. Why? For newborns and kids, there is a wide selection of victim sizes.
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In the boston consulting group approach, ________ serves as a measure of company strength in the market.
In the Boston consulting group approach, relative market share serves as a measure of company strength in the market.
Relative market share – what is it?A metric that aids businesses in determining where they stand in the market in relation to their main rival are relative market share. Their benchmark is the latter's market share.
The importance of relative market share
You can locate the key companies and comprehend your place in the market by calculating your relative market share. See the sample below for a better understanding of this statistic.
For instance, Company A has a market share of 35% in the jewelry sector, which is amazing. It indicates that other businesses occupy 65%. If there are five leading jewelry brands, they will divide the remaining 65% among themselves, with each receiving about 10% of the market, making Company A the market leader.
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As the human resource manager, garrett has been asked to find three new marketing employees who can help the company define its social media presence. which function is garrett involved in?
As the human resource manager, Garrett has been asked to find three new marketing employees who can help the company define its social media presence. Garrett is involved in assisting with corporate strategy
Below, this is further discussed.
A human resource manager is what?Human resource management is, generally speaking, a strategic approach to the successful and deploy and management of people in a company or institution so that they contribute to the firm's ability to compete.
It is made to optimize worker performance in support of a company's strategic goals.
In summary, Garrett, who oversees human resources, has been tasked with hiring three new marketers who can assist the business in defining its social media presence. Garrett contributes to the company strategy.
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_____ involves broadening the scope of a job by expanding the number of different tasks that are performed.
Job enlargement involves broadening the scope of a job by expanding the number of different tasks that are performed.
What is Job enlargement?
Job enlargement is defined as adding new duties to an existing role that are on the same level. This implies that a person's current profession will require them to perform more and diverse tasks. For instance, a worker who will now handle her own plans instead of having her manager do it. Along with job enlargement, task rotation, and job simplification, job enlargement is a crucial method in job redesign.Job enrichment and job enlargement are sometimes confused. There is, nevertheless, a clear distinction. Employment expansion seeks to widen one's job to make it more interesting and motivating.Undoubtedly, one of the most well-known ways to add variation to a job enlargement is to expand it.To know more about Job enlargement visit:
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