The strengths of the organization and culture of 3M during the McKnight to Desimone era include a strong commitment to innovation, decentralized decision-making, and a unique culture that fostered creativity and risk-taking.
Under McKnight's leadership, 3M developed a culture that encouraged creativity and experimentation, allowing employees to pursue their ideas without fear of failure. This led to the development of many innovative products and technologies, including Post-It notes, Scotchgard, and Thinsulate insulation.
Desimone built upon McKnight's legacy, further emphasizing the importance of innovation and decentralization. He implemented a program called "15% Time" where employees were encouraged to spend 15% of their workweek pursuing their own ideas. This led to the development of numerous successful products, such as the Scotch-Brite scrub sponge.
The potential weaknesses of this culture include the risk of becoming too decentralized, leading to silos and a lack of coordination between departments. Additionally, there is the potential for too much emphasis on short-term innovation at the expense of long-term planning and investment in core businesses.
In summary, the strengths of the organization and culture of 3M during the McKnight to Desimone era were their commitment to innovation, decentralized decision-making, and a unique culture that fostered creativity and risk-taking. The potential weaknesses were the risk of becoming too decentralized and the potential for too much emphasis on short-term innovation at the expense of long-term planning and investment in core businesses.
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If a student identifies "family doesn't have enough money for college" as a barrier to her long-term education goal, which of the following is not a sensible solution?
1. Change long-term career goal to a field that doesn't require college.
2. Research student loans and other grants online
3. Contact the college about scholarship opportunities.
4. Consult a recruiter about ROTC programs or the G.I. Bill.
Answer:
A.
Explanation:
If a student is facing financial issues for college fees he/she should not be discouraged as the federal government has reformed several financial aids.
The federal government of the United States understand the importance of education for the growth of child and nation as a whole, so they have invested in educational institution to help those students whose parents are unable to pay their college fees.
The unwise idea in such situation is to change long-term career goal. The student should not do this. Rather he/she should inquire about scholarship in their college, search for the grants and student loans, or consult a recruiter.
Therefore, option A is the correct answer.
Pls help this is timed
Answer:
It's the first one Co-signer or gardien to make sure someone will repay
Answer:
The first one: Co-signer or Guaranteer to ensure someone else will repay.
Explanation:
This person is usually a parent of guardian but it's not required that they are. The bank just wants to make sure they'll get their money.
why indigenous technologies are better than modern technology
Answer:
Indigenous technologies are better than modern technology because of the following reasons ;
1) It creates new employment opportunities .
2) It is much cheaper than imported technology.
3) It helps in the technological progress of developing countries which brings economic growth in nation .
4) It leads to greater encouragement for focused research.
5) It is affordable , sustainable band environment friendly.
Three types of financial assistance that can be applied for after Grade 12
Jian travels frequently for work and turns on his smartphone as soon as his plane lands on the runway. He recently traveled to the Atlanta airport and was disembarking from the plane on the D Concourse. He looked at his phone and noticed a message inviting him to visit One Flew South, a fine dining restaurant located on the E Concourse. The message is an example of _______, a type of mobile marketing.
a. Short message service (SMS) b. Smartphone application (apps) c. Bluetooth marketing d. Multimedia messaging service (MMS)
A) Short message service (SMS)
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The geometric average annual return for a large capitalization stock portfolio is 10% for ten
years and 6% per year for the next five years. The geometric average annual return for the entire
15 year period is ________.
A) 9.08%
B) 8.65%
C) 8.22%
D) 9.52%
Answer:
B) 8.65%
Explanation:
Geometric Average Return = [(1 + r1) * (1 + r2) * - - - - - * (1 + rN)]1/N - 1
Geometric Average Return = [(1 + 0.10)^10 * (1 + 0.06)^5]^1/15 - 1
Geometric Average Return = [1.10^10 * 1.06^5]^1/15 - 1
Geometric Average Return = [2.59374*1.33823]^1/15 - 1
Geometric Average Return = (3.471021)^1/15 - 1
Geometric Average Return = 1.08650188155 - 1
Geometric Average Return = 0.08650188155
Geometric Average Return = 8.65%
Part C - "Consider the Romer economy with the following parameter values: A0=100, 6% of the workforce is employed in research sector, research productivity is z=1/3,000 and the workforce equals 1,000. In year 2030, Suppose that adjustments to immigration policy lead to an increase in the workforce of 10% (to 1,100 workers). Calculate the new growth rate of output per worker from year 2030 onward."
a) 7.3 percent
b) 2.2 percent
c) 2 percent
d) None of the others
To calculate the new growth rate of output per worker from the year 2030 onward in the Romer economy, we need to consider the effects of the increase in the workforce due to adjustments in immigration policy.
Given the following parameter values:
A0 = 100 (initial level of technology)
Research sector employment = 6% of the workforce (0.06 * 1,100 = 66 workers)
Research productivity (z) = 1/3,000
Initial workforce = 1,000
New workforce (in 2030) = 1,100
We can calculate the new level of technology (A1) as follows:
A1 = A0 * (1 + z * research sector employment)
= 100 * (1 + (1/3,000) * 66)
≈ 102.2
The growth rate of output per worker can be calculated as:
Growth rate = ((A1 / A0)^(1/t)) - 1
where t represents the number of years from 2030 onward.
Since the time period is not specified, we cannot determine the exact growth rate. However, based on the options provided, the closest approximation is option b) 2.2 percent. Please note that the precise growth rate will depend on the number of years considered after 2030.
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Where scaffolds are utilized they shall
be provided with _ for the entire
length, and shall have
to
prevent slipping.
Answer:
im not aure
Explanation:
im not aure
Why is it necessary to include your family's income and tax information on
a fafsa application?
As a financial advisor at Aggie Private Wealth Management, you are analyzing two securities, one stock and one bond, to construct a portfolio for a client who has a risk aversion coefficient of 5. Risk-free T-bills yield 4.0% in the market. Below are your estimates regarding the two securities:
Expected Return Standard Deviation
Stock 10% 32%
Bond 7 24
The correlation between the two securities is 0.13.
How would you allocate your client's optimal risky portfolio between the two securities: Stock and Bond? What would be the expected return and standard deviation of the optimal risky portfolio? You can use solver add-in in Excel to answer this question. (Use two decimal places for your answer in percentage form)
Your optimal risky portfolio allocation for a client with a risk aversion coefficient of 5 should be 70% stock and 30% bond.
A Stock is a manifestation of an individual or legal entity's equity participation in a corporation or limited liability company. A bond, on the other hand, is an authorization of debt by the bond issuer for a minimum term of one year.
There are some differences between stocks and bonds. Stocks are highly volatile and highly sensitive to macro and micro conditions. Bond prices, on the other hand, are relatively stable but sensitive to interest rates and inflation.
Shareholders have voting rights in the company (“GMS”). Bondholders, on the other hand, do not have voting rights in the company.
In the case of liquidation (dissolution of the company), the shareholders have reduced claims (residual receipts of the dissolution). However, in case of liquidation (dissolution of the company), creditors have priority over the company's assets.
Your optimal risky portfolio allocation for a client with a risk aversion coefficient of 5 should be 70% stock and 30% bond. The expected return of this portfolio is 8.70% and the standard deviation is 22.37%.
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Read the article below and answer the following question:
https://www.nytimes.com/2020/09/02/business/inflation-worse-pandemic-coronavirus.html
By reviewing the examples in the article, explain how customer's purchasing habits, variety of products, and quality of service have contributed to the value of inflation?
Inflation is an economic concept that relates to the overall increase in the prices of goods and services in an economy. The inflation rate is usually calculated as the percentage change in the prices of a basket of goods and services from one period to another.
There are several factors that contribute to inflation, including customers' purchasing habits, the variety of products, and the quality of service. By reviewing the examples in the article, we can understand how these factors have contributed to inflation.Customer's purchasing habitsCustomers' purchasing habits have a significant impact on inflation. When people have more money to spend, they are more likely to spend it on goods and services. This leads to an increase in demand, which, in turn, causes prices to rise. For example, during the COVID-19 pandemic, many people received stimulus checks from the government. This extra money allowed them to purchase more goods and services, which led to an increase in demand. As a result, prices for many goods and services increased.Variety of productsThe variety of products also has an impact on inflation. When there are more products available, consumers have more choices. This can lead to an increase in demand for certain products, which can cause prices to rise.
For example, during the pandemic, there was a shortage of certain products, such as toilet paper and cleaning supplies. This shortage led to an increase in demand, which caused prices to rise.Quality of serviceThe quality of service also has an impact on inflation. When businesses provide better service, customers are more likely to return. This can lead to an increase in demand, which can cause prices to rise. For example, some restaurants have been able to raise their prices because they have improved the quality of their food and service. Customers are willing to pay more for a better experience.In conclusion, customer's purchasing habits, the variety of products, and the quality of service are all factors that contribute to inflation. Understanding these factors can help us make better decisions about how we spend our money.
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QUESTION 7 of 10: You can hire someone without experience for $13 per hour or someone with experience for $19 per hour. You believe the
experienced person increases the sales per customer by $3. Each person handles about 12 customers per hour. Should you hire the
experienced person?
a) Yes
b) No
Answer: Yes
Explanation: I took the quiz
You can hire someone without experience for $13 per hour or someone with experience for $19 per hour. You believe the experienced person increases the sales per customer by $3. Each person handles about 12 customers per hour. Yes, I hire the experienced person. Thus option (A) is correct.
What is sales?A transaction between the buyer and the seller in which the seller sells intangible or tangible goods, assets, or services against money is known as a sale. Sale is done between two or more parties.
Any activity that involves transferring the ownership of a good or commodity to the buyer in exchange for a monetary price is known as a sale.
You can hire someone without experience for $13 per hour or someone with experience for $19 per hour. You believe the experienced person increases the sales per customer by $3. Each person handles about 12 customers per hour. Yes, I hire the experienced person. Therefore, option (A) is correct.
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5. (5 points) Which of the following would be classified as fiscal policy? a) The federal government passes tax cuts to encourage firms to reduce air pollution; b) The Federal Reserve cuts interest rates to stimulate the economy; c) A state government cuts taxes to help the economy of the state; d) The federal government cuts taxes to stimulate the economy; e) States increase taxes to fund education. 6. (5 points) When the economy enters into a recession, your employer is wages because to reduce your a) Unlikely; output and input prices generally fall during recession; b) Unlikely; lower wages reduce productivity and mora le; c) Likely; output prices always fall during recession; e) Likely; aggregate demand is vertical in the long run. 7. (5 points) Automatic stabilizers refer to. a) The money supply and interest rates that automatically increase or decrease along with the business cycle; b) Government spending and taxes that automatically increase or decrease along with the business cycle; c) Changes in the money supply and interest rates that are intended to achieve macroeconomic policy objectives; d) Changes in federal taxes and purchases that are intended to achieve macroeconomic policy objectives. 8. (5 points) Before the Great Depression of the 1930s, the majority of government spending took place at the place at the and after the Great Depression the majority of government spending took a) State and local levels; federallevel; b) Local level; federal level; c) Federal level; state and local levels; d) Federal level; state level.
5. The federal government cuts taxes to stimulate the economy can be classified as fiscal policy.
Which of the following is a form of fiscal policy?Fiscal policy refers to how the government uses taxes, spending, and transfer payments to support stability and growth in the economy. combats both inflation and unemployment, but not simultaneously. To boost the economy, the federal government lowers taxes. taxation and spending by the government that automatically rise or fall with the economy. The fiscal policy entails adjustments to taxes or expenditures in order to achieve economic objectives.
6. When the economy enters a recession, your employer is unlikely to reduce your wages because output and input prices generally fall during recession.
7. Automatic stabilizers refer to government spending and taxes that automatically increase or decrease along with the business cycle.
8. Before the Great Depression of the 1930s, the majority of government spending took place at the place at the State and local levels and after the Great Depression the majority of government spending took place at federal level.
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Factors That Promote Economic Growth Choose the correct statement. 1. Clearly established and enforced property rights provide people with the incentive to work and save. 2. Economic growth does not occur in the environment of an authoritarian political system. 3. The presence of an incentive system and the institutions that create it guarantees that economic growth will occur. 4. Property rights and markets create incentives for people to save and invest.
Answer:
Statements 1 and 4 are correct.
Explanation:
Economic growth is defined as an increase in the production of goods and services over a period of time. Economic growth is important because it shows growth in output(production) from one period to another. Some of the factors that promotes economic growth are but not limited to technology, human capital, population and law etc.
With regards to the above, property right is the legal ownership of properties or resources and can be used by owners as they deemed fit. It is the right of persons to rent, lease or sell their properties. When property right is clearly established and enforced, it gives people incentives to work and save hence one of the factors that promote economic growth.
Again, property right and market create incentives for people to work and save, which is also a factor that promote economic growth.
How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
Amazon’s home delivery of groceries and Instacart’s delivery of Whole Foods items are found where on the market development curve?
a) Early adopters b) Innovators c) Laggards d) Late majority
The home delivery of groceries by Amazon and Instacart's Whole Foods delivery fall under the market development curve of a. Early adopters.
Who are the early adopters?These are people who are the first to try out a product before the rest of the market.
Amazon's grocery delivery service is a new service being offered by the company so those that use it are the first to use it which makes them early adopters.
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what is it called when an employee gets a task that is usually for the manager??
Answer:
Explanation:
delegation
Answer:Delegation. I hope this helps you
Explanation:
That is often referred to as task delegation. It is the process of assigning a task to a lower-level employee that would typically be handled by a manager or supervisor. Task delegation can be an effective way to develop employees and free up time for managers to focus on higher-level tasks.
The term for when an employee is given a task that is usually reserved for a manager is called “task delegation.” This can occur for a variety of reasons, such as the manager being unavailable or overloaded with other tasks. By delegating tasks to employees, managers can help distribute workload and also empower their team members to take on additional responsibilities and develop new skills.
Communication can most usefully be understood as a(n) Multiple Choice
a) innate human ability.
b) art form for which a chosen few possess raw talent.
c) skill acquired gradually through practice.
d) blunt tool that will always fail to accomplish its goal.
Communication can most usefully be understood as an innate human ability. Thus the correct option is A.
What is communication?Communication is referred to the exchange of information between two individuals in the form of conversation, opinion, suggestion, or advice with the help of medium or direct interaction.
By allowing us to connect with others and share our problems and perceptions, communication aids in the development of interpersonal relationships. It enables us to convey our emotions.
The likelihood of conflict is reduced when messages are conveyed clearly since there is no possibility for misinterpretation or message modification and helps in better achievement of objectives, especially in team building activities.
Therefore, option A is appropriate.
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education opens the door to employment.
Answer:
yes education opens the door to employment as Education give us a new identity and talent which people are looking for the employment. Education can lead to success and employement.
Which of the following is NOT a characteristic of Business Analytics? a. Make evidence-based business decisions. b. Use a logical approach to making business decisions. c. Fully automate business decision-making. d. Use an objective approach to making business decisions. e. Transform data to yield actionable insights to help make business decisions.
The characteristic of Business Analytics that is NOT correct is as follows: Fully automate business decision-making. This is NOT a characteristic of Business Analytics.
Business Analytics is the method of evaluating data with the aid of statistical and operational analysis to determine the patterns, trends, and associations that occur in data. In this way, Business Analytics assists organizations in making informed and data-driven choices. Business Analytics helps businesses to analyze data to identify trends, relationships, and patterns. These analyses allow organizations to make informed decisions by uncovering insights that might not have been evident through normal analysis.
As a result, Business Analytics has the ability to transform businesses and create a competitive advantage by identifying opportunities for growth and enhancing operational efficiency.
Characteristics of Business Analytics include:
Making evidence-based business decisions.
Use a logical approach to making business decisions.
Use an objective approach to making business decisions.
Transform data to yield actionable insights to help make business decisions.
Fully automate business decision-making.
Therefore, the characteristic of Business Analytics that is NOT correct is "Fully automate business decision-making."
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The elasticity of demand for a firm’s product is -2 and its advertising elasticity of demand is 0.3.
a. Determine the firm’s optimal advertising-to-sales ratio. Round your response to 2 decimal places.
b. If the firm’s revenues are $50,000, what is its profit-maximizing level of advertising?
The elasicity of demand for a firm's product is the firm's optimal advertising-to-sales ratio is 6.67
a. To determine the firm's optimal advertising-to-sales ratio, we can use the formula:
Optimal Advertising-to-Sales Ratio = - (Elasticity of Demand) / (Elasticity of Advertising)
Given that the elasticity of demand is -2 and the advertising elasticity of demand is 0.3, we can substitute these values into the formula:
Optimal Advertising-to-Sales Ratio = -(-2) / 0.3
Optimal Advertising-to-Sales Ratio = 6.67
Therefore, the firm's optimal advertising-to-sales ratio is 6.67.
b. To find the profit-maximizing level of advertising when the firm's revenues are $50,000, we need to consider the relationship between advertising, sales, and profit.
Profit = Revenue - Cost
Since the question does not provide information about costs, we will assume that costs are constant for simplicity.
To maximize profit, the firm should choose the level of advertising that maximizes revenue. Given the elasticity of demand (-2), we know that demand is elastic. As a result, the firm should increase advertising to increase revenue.
However, without information on the relationship between advertising and revenue, it is not possible to determine the specific profit-maximizing level of advertising based solely on revenue figures. Other factors, such as production costs and the marginal cost of advertising, need to be considered to determine the optimal level of advertising that maximizes profit.
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How does the government expenditure drives revenue?
According to Keynesian economics, more government spending enhances aggregate demand and consumption, which leads to increased production and a quicker recovery from recessions.
How does government spending generate income?Government expenditure growth stimulates the economy's overall demand and contributes to some real GDP growth.More people find work and earn money as a result of that rise. A greater increase in consumer spending as a result of higher incomes increases aggregate demand and supports continued real GDP growth.
How do government expenditures stimulate the economy?The theory's central thesis is that government spending raises household income, which in turn stimulates consumer spending. As a result of increasing corporate revenues, output, capital expenditures, and employment, the economy is then further stimulated.
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If actvity level increases 25 percent and specific cost increase from 40000 to 50000 this cost would be classified as a:__________
If the activity level increases 25% and a specific cost increases from $40,000 to $50,000, this cost would be classified as a fixed cost.
Increase in activity level = 25%
Specific cost increases from $40,000 to $50,000
Increase in cost = $10,000
Increase in cost (%) = Increase in cost/Beginning cost
= 10,000/40,000
= 25%
Since due to a 25% Increase in activity level, specific cost also increases by 25%, hence the cost must be a variable cost.
Variable cost varies in the same proportion to output. Within the given range of activity, fixed cost remains the same.
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Who is liable when an insured suffers a loss on a policy sold by an agent through an insurer not authorized to conduct business in Texas?i
When an insured suffers a loss on a policy sold by an agent through an insurer not authorized to conduct business in Texas, the liability would primarily rest with the agent who sold the policy.
The agent has a duty to act in the best interest of the insured and ensure that the insurance policy is valid and issued by a properly authorized insurer.
In this situation, the agent may be held liable for negligence or breach of duty if they failed to exercise reasonable care in selecting a reputable and authorized insurer. The agent could be responsible for any resulting damages or losses suffered by the insured due to the unauthorized insurer's inability to fulfill its obligations.
However, it's essential to consult with a legal professional familiar with insurance laws in Texas to fully understand the specific circumstances and applicable regulations regarding liability in such cases. Laws and regulations can vary, and professional advice is crucial in determining liability accurately.
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Generally, insurance agents bear the liability in cases where a policy is sold from an unauthorized insurer and the insured suffers a loss. However, specific legal circumstances can influence this.
Explanation:In the scenario where an insured suffers a loss on a policy sold by an agent through an insurer not authorized to conduct business in Texas, typically, the insurance agent would be held liable. This is because insurance agents have a legal responsibility to only deal with a licensed insurer.
The agent selling a policy from a non-authorized insurer breaches the duty owed to the client. As a result, the agent might be required to compensate for the client's loss. However, please note that this is a generic response and the precise liability could vary depending on specific legal provisions in Texas.
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homework libABC Inc. uses a machine that can produce 95 cranks per hour. The firm operates 9 hours per day, six days per week. Due to regularly scheduled preventive maintenance, the firm expects the machine to be running during approximately 90% of the available time. Based on experience with other products, the firm expects to achieve an efficiency level for the cranks of 80%. What is the expected weekly output of cranks for this company
The expected weekly cranks output should be 3,693.60.
The following formula should be applied:
= Number of cranks produced per hour × number of hours operated per day × number of days per week × expected machine running percentage × efficiency level
= 95 × 9 × 6 × 90% × 80%
= 3,693.60
Therefore we can conclude that The expected weekly cranks output should be 3,693.60.
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make an advertisement for an existing product
The most effective method to Make a Promotion
Pick Your Interest group.
Lead Advertising Exploration.
Pick Your Foundation.
Settle on a Tight spending plan.
Create a Message.
Get Individuals Talking.
Conclude What You're Building.
Incorporate a CTA.
Remember the Subtleties
Make Test Promotions
Foster Inventive Resources
Decide Estimations of Achievement and Set Up Following
Send off Your Promotion
Track and Break down Execution
Make Changes, Wash, Rehash
Matcha green tea is primarily cultivated by Japanese farmers. Suppose that Matcha green tea grows in popularity as its health benefits, namely its lower caffeine content, become known, and at the same time the government reduces taxes imposed on Japanese tea farmers. What is the likely effect on the equilibrium price and quantity in the Japanese Matcha tea market
Answer:
equilibrium quantity would increase
there would be an indeterminate effect on equilibrium price
Explanation:
Due to the increase in popularity of the tea, the demand for the tea would rise. This would lead to a rightward shift of the demand curve. Equilibrium price and quantity would rise.
If taxes are reduced, the cost of producing tea would reduce. This would encourage producers to start making tea. As a result, the supply of tea would increase. This would lead to a rightward shift of the supply curve for tea. As a result, equilibrium price would fall and equilibrium quantity would increase.
Taking these two effects together, there would be an increase in equilibrium quantity and there would be an indeterminate effect on equilibrium price
You are really hungry and have been wanting to eat pizza all day. Instead of ordering a medium, you order a large. However, after about 4 slices, you don’t want anymore. This is an example of which factor?
Responses
diminishing personal value
diminishing personal value
substitutes
substitutes
buying power
buying power
diminishing marginal utility
The fact that you ordered a large pizza but after 4 slices, don't want anymore is an example of diminishing marginal utility.
What is diminishing marginal utility?Diminishing marginal utility refers to an economic principle that talks about how the utility or satisfaction that a person gets from each additional unit of an item increases at first, and then decreases.
For instance, the person was really hungry and then ordered a large pizza to be satisfied. But as they ate more slices, they were satisfied less and less and eventually ended up wanting no more slices of pizza.
In conclusion, this is diminishing marginal utility.
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Employment stability, team-based behaviors, and strategy-focused behaviors are used as part of an hr scorecard to assess:______
a. hr deliverables.
b. workforce deliverables.
c. top management support.
Employment stability, team-based behaviors, and strategy-focused behaviors are used as part of an HR scorecard to assess workforce deliverables.
The HR scorecard is a measurement tool used by organizations to assess the effectiveness of their human resource management practices and strategies. It provides a comprehensive view of HR performance by evaluating key metrics and indicators. One important aspect of the HR scorecard is assessing workforce deliverables, which refers to the outcomes and behaviors of the workforce that contribute to the organization's success. Employment stability is one of the workforce deliverables measured in the HR scorecard. It refers to the ability of the organization to maintain a stable and consistent workforce over time. This includes factors such as employee retention, turnover rates, and absence levels. High employment stability indicates that the organization has effective HR practices in place to attract and retain talent, resulting in a more engaged and committed workforce.
Team-based behaviors are another aspect of workforce deliverables evaluated in the HR scorecard. This includes assessing the extent to which employees collaborate, communicate, and work effectively in teams. Teamwork is crucial for achieving organizational goals and improving productivity. By measuring team-based behaviors, organizations can identify areas for improvement, promote a culture of collaboration, and enhance overall team performance. Strategy-focused behaviors are also considered in the assessment of workforce deliverables. These behaviors refer to the alignment of employees' actions and efforts with the organization's strategic objectives. It involves understanding and actively contributing to the organization's mission, vision, and goals. By assessing strategy-focused behaviors, organizations can ensure that employees are actively involved in implementing strategic initiatives and driving the organization towards success.
Overall, assessing employment stability, team-based behaviors, and strategy-focused behaviors as part of the HR scorecard helps organizations monitor and improve the performance and effectiveness of their workforce. It provides valuable insights into the HR practices, employee engagement, and alignment with strategic objectives, enabling organizations to make informed decisions and take necessary actions to optimize their human resources for achieving organizational goals.
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Tina will be working at the municipal swimming pool as a lifeguard this summer. She will earn $1,000 per month (a total of $3,000 for the whole summer). Tina does not plan to work any other jobs this year.
What is Tina's gross monthly income for each of the summer months (GMI)?