Rachel, a Sales Executive at a Bank, Earns $35,000 a Year

question 107

Essay

Rachel, a sales executive at a bank, earns $35,000 a year. Her company often allows her to work her schedule around her daughter's school athletic events. She believes in the goals of her organization and works hard toward achieving them. Rachel's husband, Peter, has recently joined an engineering firm as a designer. He earns $75,000 a year. His job involves working long hours from Monday to Friday, and his work is often stressful. But he enjoys his work and is passionate about the projects he works on. Due to Peter's time constraints, his wife, Rachel, attends all their children's school events. How would you compare Rachel and Peter's levels of job satisfaction? Describe how you would measure their satisfaction level if the level of comfortable living in their country is $40,000. In addition, name at least three major job attitudes that play a part in each of their satisfaction levels.

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Definitions:

Residual Value

Residual value refers to the predicted value of an asset at the conclusion of its lifespan.

Estimated Life

The expected period during which an asset is considered to be useful in operations, affecting depreciation calculations.

Capital Expenditure

Resources deployed by a business to buy, enhance, and manage material assets, including real estate, manufacturing facilities, or devices.

Debit

Amount entered on the left side of an account.