Explain the economic significance for the existence of unemployment insurance
What will be an ideal response?
The economic significance lies in the automatic stabilization of the economy. Reduced employment means lower spending and in turn results in lower employment. By providing spendable income, the vicious spiral is abated.
Business
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Which of the following methods of determining the optimal sales force size is based on the ability to calculate the total amount of work necessary to serve the entire market?
A) breakdown method B) workload method C) marginal economic method D) breakout method
Business
What are the benefits of global sourcing?
What will be an ideal response?
Business