Manufacturing Output in the U

question 2

Multiple Choice

Manufacturing output in the U.S. continues to increase. The high unemployment of skilled workers who previously worked in the manufacturing sector

• A) is the result of untrained laborers.
• B) is strictly a factor of U.S. manufacturing companies outsourcing the majority of their work.
• C) can be reconciled by the fact that manufacturing is very efficient and requires fewer workers to produce the same amount, or even more output.
• D) can be attributed to manufacturing going green.

Identify the trends in the value of benefits and services relative to direct pay.

Comprehend the objectives and impact of employee benefits on organizational goals and costs.

Understand the legal framework and regulations governing employee benefits and services.

Recognize the significance of employment insurance and its function during job transitions.

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Definitions:

Stockholders' Equity

Ownership interest reflected by what is left of a company's assets once liabilities have been deducted.

Account Payable

Liabilities or amounts owed by a business to its creditors or suppliers for goods and services received but not yet paid for.

Liabilities

Financial obligations or debts that a company owes to others, which are due to be paid in the future.

Total Assets

The sum of all assets owned by a company, including both current and non-current assets, representing the total resources the company has at its disposal.