(Answered) A factory with 70 employees spends 50000 upgrading its

Management Studies

A factory with 70 employees spends $50,000 upgrading its safety equipment and another $5,000 implementing a training program designed to improve worker safety. In exchange for making these improvements, the factory's health insurance provider agrees to decrease its annual premiums by $900 per employee. How much money will the factory save in the first year after making these improvements?

$8,000
$13,000
$28,000
$33,000
$63,000

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M92056516
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Management

The evolutionary process is one important perspective of

The evolutionary process is one important perspective of strategic management. What is evolutionary process?

How can local the local government help prepare employees

How can local the local government help prepare employees for higher level positions in the organization.

Visit the webpages attached 10 total these are useful

Visit the Webpages attached, 10 total. These are useful information sites which contain material important for conducting business abroad. Write a one page essay for each site indicating what one finds on the site as wel ...

What kind of questions can you ask when choosing a location

What kind of questions can you ask when choosing a location for a restaurant?

Describe the strengths and weaknesses of knowledge

Describe the strengths and weaknesses of knowledge management systems

Suppose a firm has a short-run cost function determine the

Suppose a firm has a short-run cost function: Determine the fixed cost (F), the variable cost function (VC), marginal cost (MC), average cost (AC), average variable cost (AVC) and average fixed cost (AFC).

How do you think diversity communication and organisational

How do you think diversity, communication and organisational structure could potentially constitute strong aspects of organisational culture? Why is it important for the manager to consider this relationship?

Rideon inc is an automobile company that has strategic

RideOn, Inc., is an automobile company that has strategic alliances with two entities: a supplier in India and a manufacturer in South Africa. RideOn's vehicles are known for being of good quality, but they are more expe ...

Distinguish between secondary and primary methods of data

Distinguish between secondary and primary methods of data collection. Is it possible to use secondary data methods as substitutes of primary methods? Justify the answer with suitable illustrations and using data from dif ...

Long-term objectives are defined as the result a firm seeks

Long-term objectives are defined as the result a firm seeks to achieve over a specified period, typically five years. Any long-term objectives should be flexible, measurable over time, motivating, suitable, and understan ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Management Expert