Increase brand awareness Janmar could increase brand awareness by adding an extra $350,000 to the traditional advertising budget. 3. Cut prices In an attempt to compete with the lower cost brands of paint, Janmar could cut its prices by 20%. 4. Hire a new sales representative Janmar Coatings, Inc. could add in a new sales representative whose sole job is to generate new leads in retail and professional accounts.
One major pro would be reducing inflation. With the minimum wage only increasing three times over the last three decades the minimum wage is due for an increase. However, with the increase of minimum wage might come with an increase of everything else thus making the increase meaningless and make a call for a new increase and creating a viscous cycle. Holtz-Eakin, Douglas, and Ben Gitis. "The Employment and Income Effects of Raising America 's Minimum Wage to $12 and to $15 per Hour."
After reviewing the case study on Tanglewood and their methods of recruitment, the three ideas I would suggest to improve the efficiency and effectiveness of their recruitment measures are as followed; 1) decrease the number of methods used, 2) shorten recruitment time, and 3) more in-house interviews. I would decrease the number of methods used in recruitment for various reasons, but the most pressing one would be costs. From what I have seen in Tanglewood’s information given, using a staffing service can cost up to $70,000 to set up per store. This is $20,000 more than all the other methods combined. I feel that the cost of this one method is more likely unequal to the number of employees that it provides.
I have been spending $200,000 on this course for which I do not have a clear goal. Meanwhile, my mental account for the utilitarian products has been working very strictly under the economic estimation. For example, when my wife and I considered whether we make water from the purifier or buy it, I priced a lot of options: 1) Costco has the cheapest price (7 cents/40ct bottle) 2) The cost of boiling water and filters of purifier My conclusion was that we purchase the 48 bottle pack from Costco, and it took a very long time for the calculation and discussion. However, it may allow us to save less than $100 for 2 years. Economically, it does not make sense that I care so much about $100 for water which is the most important thing for humans,
Bob’s boat corporation’s current financial position based on its accumulated earnings and profits (E&P) of $3,000,000 and the belief that the current year will reflect profits of $800,000 before taxes justifies a cash or property dividend to the shareholders/employee’s. Bob is contemplating paying $10,000.00 to each of the twelve shareholders/employees or giving each a new boat that cost the company $10,000.00 but retails at $15,000.00. (which is considered a reasonable price by most consumers and deemed the fair market value (FMV)). However, the distributions will cause the receivers to possibly incur additional taxation such as net investment income tax and other hardships contingent on their personal tax bracket. Additionally, the corporation will need to pay tax on a possible distribution and recognize a gain on each of the twelve boats.
Therefore, people that have degrees have a higher chance of finding exceptional occupations, also people bring in a great deal. “The earnings of those with less than a high school diploma decreased $5,200 during this period, while the earnings of those with a bachelor’s or higher degree increased $2,700” (Bellenir 56). It 's just a better decision to attend college, and earn a degree. It 's just a few years of school and it could help people earn a great deal of money in the long run. Studies show that in the year 1980 people with a bachelor 's degree or higher made 19 percent more than just high school graduates.
“The minimum wage is currently more than 25% below its real value in the late 1960. The Congressional Budget Office (CBO) reports that the Harkin-Miller bill to raise the minimum wage to $10.10 would cumulatively boost incomes of people below the federal poverty line by $5 billion..... other academic research finds that the same bill would lift more than 4 million people out of poverty (Gould 2 par. 5). Raising the minimum wage may also help cut back government assistance, such as SNAP or cash assistance, which is ultimately beneficial to our economy. Besides helping the economy, we, as American citizens, need to help our fellow Americans.
Doctors with a degree make more money than medical assistants that do not require a degree. According to Mr.Autor, college is free because of the money you gain when you get out from jobs; make up for the loss of money for college (qtd in. Leonhardt). Not going to college will cost you a half of million in the long run (Leonhardt). According to Leonhardt, the statistics say, if there were more college graduates, the prices would not be so high.
At (blog.uncollege.org) it says, “The cost of college has skyrocketed in recent years. Attending a decently ranked university can easily cost upwards of $100,000.” Some People thought of not spending money on college but to go skip and go straight forward into life. But what I’ve seen in the success of college, are things that you earn and get rewarded for and you live life way easier. There is more to it than just getting a great job and getting more money after you graduate from college. You could also meet many new people and you get to learn a lot, or learning things you love.
Secondly, indirect taxes is a regressive tax; therefore, there is an increase in income inequality. Lastly, reduction in cigarette consumption is low in the short run due to the level of PED. However, advantageously, higher government revenue is achieved, as PED levels are extremely inelastic. As a result, the government will be able to fund production for merit goods in US $. Finally, cigarette consumption falls, saving 100,000 lives as stated in the article.
One final topic of this letter to you is the Port City. Now we were going to buy it anyways for 10 million dollars which really isn 't that much less than the price now for the entire Louisiana Territory which costs 15 million. This city makes trading a lot easier than what it is now it makes us open, gives us a place to dock the foreign traders and their goods, let alone our goods and our traders. Jefferson was also planning to expand the land around it as well so we can gain more land than just the 524.8 million acres for just the mere 15 million dollars in which you were just going to spend 10 million of it on this city which is still included in this deal it didn 't change what was in it already it just
Getting a proper college education will also lead to you earning more money in your profession. “Adults who graduated from a four-year college believe that, on average, they are earning $20,000 more a year as a result of having gotten that degree. (Source F). According to the U.S Census Bureau, college graduates with a bachelor’s degree make an average salary of $51,206 per year and graduates with an advanced degree make an average salary of $74,602 per year. Non-college graduates make an average salary of $27,915 per year, which is significantly lower than the amount college graduates earn with any degree.
If you drive 40 minutes to a super-sale and sit in a parking-lot line for another 20 minutes, that 's an hour of your time and gasoline. If you 're buying a $400 item, for the overwhelming number of consumers that level of spending is not a risk you need to insure under any circumstances. Don 't fall for what looks like a "good deal" just because you can justify it to yourself on the basis of "it was 40% cheaper than the other model. That means the recipient of a $100 shirt would value it between $70 and $90. Maybe the absurd inconvenience of the wait is a part of the story you want to remember and tell friends later.
In A major city you must have at least forty thousand dollars a year to live a comfortable life. In The U.S. minimum wage is $7.25 an hour which gives you fifteen thousand dollars a year, twenty five thousand dollars less then what you need to live a comfortable life. In this essay we will talk about how The U.S. should raise the minimum wage so that way we as Americans be able to live a comfortable life. In The U.S. you