One of the major objectives in process layout is to facilitate material storage and transfer while minimizing transportation cost, distance, and time, option c and d.
Process layout refers to the arrangement of different workstations and equipment within a production facility. One of the key objectives of process layout is to ensure efficient material storage and transfer. This involves organizing the layout in a way that allows for easy movement of materials between different workstations or departments. By facilitating material storage and transfer, companies can minimize delays and bottlenecks in the production process.
Additionally, process layout aims to minimize transportation costs, distance, and time. This is achieved by strategically locating workstations and equipment to reduce the need for excessive material movement. By minimizing transportation costs, companies can improve their overall operational efficiency and reduce unnecessary expenses.
While maximizing takt time, line balance, and incorporating automation and high-capacity equipment are important considerations in process layout, the primary objective is to ensure smooth material flow and minimize transportation-related inefficiencies. By achieving these objectives, companies can enhance productivity, reduce lead times, and optimize their operational performance.
Learn more about companies here:
https://brainly.com/question/32531667
#SPJ11
Under this kind of program, cities demolished poor neighborhoods in city centers that occupied potentially valuable real estate; in its place were constructed retail centers and all-white middle-income housing complexes. a.white flight b.neighborhood stabilization program c.urban renewal d.suburbs
The description explained depicts urban renewal.
Urban renewal were the policies that were out in place to enable housing authorities and local governments to demolish the neighborhoods that were considered to be blighted and poor and then replace such neighborhoods with real estate that were more valuable and were usually reserved for the white people.
Houses that were seen to be slums were destroyed and newer and fascinating neighborhood were constructed.
In conclusion, the correct option is C "urban renewal".
Read related link on:
https://brainly.com/question/12979681
Alex's country was once communist, but now allows limited private ownership of companies, and lets market forces determine production and pricing decisions. what kinds of economy is alex living in?
Alex's country was once communist, but now allows limited private ownership of companies, and lets market forces determine production and pricing decision is the kind of 'Market Socialist' economy.
Market socialism, sometimes known as liberal socialism, is an economic system that strikes a balance between free enterprise and socialist planning. In this system, businesses are publicly owned, but output and consumption are determined by the market rather than by governmental planning.
In real life, Market socialism components have been present in a number of different economies. A version of market-based socialism, based on socially owned cooperatives, workers' self-management, and market allocation of capital, is usually regarded as having existed in the former Socialist Federal Republic of Yugoslavia.
To learn more about Communist
https://brainly.com/question/14018486
#SPJ4
One size does not fit all. Business models heterogeneity among Internet of Things architecture layers
As physical devices are connected and the digital and physical worlds interact, the new paradigm known as the Internet of Things (IoT) is anticipated to have a substantial impact on business over the coming years. While earlier research on the business ramifications of this paradigm largely treated the Internet of Things (IoT) as integrated technology, in this study we look at its various components and determine whether companies involved in the creation of IoT solutions have adopted unique business models to take advantage of the opportunities provided by the particular IoT architecture layer they work in.
What data is collected on a sample of IoT Italy association's members?
We examine several aspects of the business model and provide a reinterpretation of the business model Canvas framework tailored to the IoT environment based on primary survey data gathered on a sample of IoT Italy association members. We demonstrate how businesses must develop ad hoc business models and concentrate on various business model Canvas dimensions due to the unique characteristics of each IoT layer. We think that our research makes some significant contributions to practitioners as well as academics. In the latter case, we offer a tool that can be used to decide how to create the business model for IoT applications.
Learn more about Internet of Things (IoT): https://brainly.com/question/19995128
#SPJ4
How are business plans used in health care? Check all that apply.
-identifying a consumer market
-establishing goals and objectives
-comparing prices of medical equipment
-calculating a company's cash flow
-figuring out the business's purpose
Answer:
identifying a consumer market
comparing prices of medical equipment
calculating a company's cash flow
Answer:
Establishing goals and objectives
Figuring out the business’s purpose
Explanation:
I got it correct ;)
Leroy's personal information is shown below:
13 years
3 years
Age
61
Tune at address
Age of auto
Car payınent $203
Housing costs Owns Clear
Checking and Both
savings accounts
Finance corapany No
reference
Major credit cards 5
Rano of debt to 294
coine
Declared
Never
banlouptey
According to the following table, what is his credit score?
Answer:
618
Explanation:
just answered it
Explain five steps in product design for a business
Explanation:
Five phases guide the new product development process for small businesses: idea generation, screening, concept development, product development and, finally, commercialization.
Builders, Inc., agrees to construct an office building for Champion Fitness Clubs, Inc. The project proceeds according to plan, but before it is done, Champion tells Buildersto quit. Buildersmay recover..a. the contract price less costs of materials and labor.b. the contract price.c. the costs needed to complete construction.d. profits plus the costs incurred up to the time of the breach.
The correct option is d. Builders can recover the contract price, plus lost profits up to the time of breach in a situation where Champion Fitness Clubs, Inc. tells them to stop the project.
In the given scenario, Builders can recover profits plus the costs incurred up to the time of the breach. This is because Champion Fitness Clubs, Inc. told them to quit the project before it was done, which means there was a breach of contract. When a contract is breached, the innocent party is entitled to recover damages. In this case, Builders, Inc. is the innocent party and has the right to recover its lost profits up to the time of the breach.
The lost profits would include all profits that the builder would have made if the project had been completed as per the contract. Therefore, option d is the correct answer in this case.
To know more about contract visit:
https://brainly.com/question/14938375
#SPJ11
The basic factors of production are land, capital, labor, and:
A. coal, iron, and steel.
B. oil and gas.
C. entrepreneurial ability.
D. centers of creative excellence.
The correct option is (C) entrepreneurial ability. The basic factors of production are land, capital, labor, and entrepreneurial ability.
The four basic factors of production are land, capital, labor, and entrepreneurial ability. Land refers to natural resources used in the production process, such as water, soil, and minerals. Capital represents manufactured goods like machinery, buildings, and technology that assist in producing goods and services. Labor refers to human input, including the physical and mental efforts that contribute to production.
Lastly, the entrepreneurial ability is the skill and expertise to combine the other factors of production efficiently to generate profit. Entrepreneurs take on the risks of business ventures and manage resources effectively to maximize productivity. So, the correct answer to your question is option C - entrepreneurial ability, as it completes the four essential factors of production. So, the correct option is (C).
To know more about the entrepreneurial ability visit:
https://brainly.com/question/14364667
#SPJ11
Why would banks offer higher interest rates for savings and checking accounts?
A. to encourage people to spend money in the economy
B. to discourage people to spend money in the economy
C. to encourage people to put money in saving and checking accounts
D. to discourage people to put money in saving and checking accounts
Answer:
C) To encourage people to put money in savings and checking accounts
Explanation:
Find out the municipal taxes you are subjected to. Calculate your average annual tax payments to your municipality.
im in illinois I dont know if that matters, im confused on this question for my finance class
How to do
Just take a examplar number as your gross income Now set a municipal tax rate .Then find out the annual taxEx:-
Income=$100Municipal tax=10% per yeartax per year=0.1(100)=$10
To determine the municipal taxes you are subjected to, you will need to consult the tax assessment or property tax bill provided by your municipality. This document should outline the specific taxes you are required to pay.
What are the common types of municipal taxesThe common types of municipal taxes include:
1. Property Taxes: These taxes are typically based on the assessed value of your property. They are used to fund local services such as schools, police, fire departments, and infrastructure projects.
2. Local Sales Taxes: Some municipalities levy additional sales taxes on goods and services sold within their jurisdiction. This tax is usually a percentage of the purchase price.
3. Local Income Taxes: In certain areas, there may be local income taxes imposed on individuals and/or businesses in addition to state or federal income taxes. This tax is typically calculated based on a percentage of your income.
4. Special Assessments: Municipalities sometimes impose special assessments to pay for specific projects or improvements that directly benefit property owners in a specific area. These assessments are usually based on the property’s value or the benefit received.
Once you have determined the specific municipal taxes applicable to you, you can calculate your average annual tax payments by following these steps:
1. Gather the tax bills or assessment notices for each tax type.
2. Determine the tax amounts owed for each tax type for
Learn more income taxes about brainly.com/question/30157668
#SPJ2
The journal entry a company uses to record accrued vacation privileges for its employees at the end of the year is:.
The record of accrued vacation privileges in Journal entry will includes a Debit of Cash& Interest Expense and Credit of Notes Payable
What is a Journal entry?The Journal entry helps to record all basic financial transaction.
In conclusion, the record of accrued vacation privileges in Journal entry will includes a Debit of Cash& Interest Expense and Credit of Notes Payable
Read more about Journal entry
brainly.com/question/14279491
Which item is important to consider when selecting a
credit card?
Annual Percentage Rate (APR)
Fees
The look of the credit card
th
Both APR and fees
Answer:
Both APR and fees
Explanation:
The Annual Percentage Rate -APR is the interest rate a customer pays on a credit card per year. Credit cards extend loans to the holder every time they are used. If the credit card user does not pay the full amount on the due date, it attracts interest charges. The higher the APR, the more interest a cardholder will pay. In selecting a credit card provider, APR is the most important factor to consider.
Credit card attracts other fees other the interest. These fees include Balance Transfer Fee, Foreign Transaction Fee, Annual Fee, and Cash Advance Fee. These fees affect the customer's overall cost of using the credit card. Customers should compare different credit card companies and select one with favorable fees.
What are cover letters also called?
Letter of appreciation
Letter of preparation
Letter of anticipation
Letter of application
Answer:
A
Explanation:
because they are good
Acme Fasteners keeps efficiency high by making a million of each kind of bolt
at a time. But its customers usually want to buy only 1,000 to 10,000 of a kind
at a time. What service of wholesalers can best help Acme in this situation?
O
A. Buying large quantities and selling in smaller lots needed by
customers
O
B. Transporting fasteners to storage facilities
O
C. Being experts in fasteners and customers who use them
O
D. Keeping fasteners stored without theft or other kinds of loss
Answer:
A. Buying large quantities and selling in smaller lots needed by customers
Explanation:
Wholesalers can best help Acme in this situation by buying large quantities and selling in smaller lots needed. Thus, option A is correct.
Who is the customer?A customer is a client who places a request for a commodity, payments for such a product or service, and then receive it. The person who purchases a good or receives a service is known as a customer. A consumer is essentially the person who pays for the item or service.
In this situation, the wholesaler should buy the quantities in bulk that is being produced by the company and then divide the load into smaller quantity of 1000 unit or 10000 unit so that they can easily sell it to the customer and also benefit from the same and earn a profit from the same. Also, bulk buying can provide them with some offers.
Therefore, option A is the correct option.
Learn more about customers, here:
https://brainly.com/question/28502787
#SPJ2
Based on your assessment, you determine that the fetus is in a/an [blank] presentation
Based on your assessment, you determine that the fetus is in a specific presentation. A "presentation" refers to the position of the fetus in the uterus during labor and delivery. An accurate assessment of fetal presentation is crucial for a successful and safe delivery. The main types of fetal presentations are:
1. Cephalic presentation: The most common presentation, where the fetus's head is facing downwards towards the birth canal. This is the ideal position for a normal vaginal delivery.
2. Breech presentation: The fetus's buttocks or feet are positioned towards the birth canal, making it more difficult for a vaginal delivery. This presentation may require medical intervention or a cesarean section.
3. Shoulder or transverse presentation: The fetus is lying sideways in the uterus, with its shoulder or arm facing the birth canal. This is a rare presentation and often results in a cesarean section due to potential complications.
To know more about specific presentations.
https://brainly.com/question/29035639
#SPJ11
in a commercial business sense, slavery was primarily a southern colonial concern. T/F
The given statement, "In a commercial business sense, slavery was primarily a southern colonial concern" is false because slavery was a concern in all colonial regions, including the northern colonies and later in all regions of the United States.
Slavery played a significant role in the economic development of various regions, including the southern colonies, but it was also prevalent in other parts of the American colonies and the wider Atlantic world.
Slavery existed in the northern colonies, such as New York and New Jersey, during the colonial era. Although the institution of slavery was more widespread and deeply entrenched in the southern colonies due to their agrarian economy based on plantations, the northern colonies were also involved in the slave trade and had enslaved populations.
Furthermore, slavery was not limited to the American colonies. It was an integral part of the economies of other European colonies, such as the British West Indies, and was practiced in various parts of the Americas, including Brazil, the Caribbean, and Spanish colonies.
Learn more about Slavery: https://brainly.com/question/567921
#SPJ11
consider the market demand curve for the latest samsung galaxy smartphone. for each of the following, identify what impact it would have on the demand for the samsung galaxy smartphone (i.e., will the demand curve for the samsung galaxy smartphone shift and, if so, which direction will it shift). briefly explain your reasoning for each. the economy experiences a recession and many individuals become unemployed. does your answer depend on whether the samsung galaxy smartphone is considered to be a normal or inferior good? if not why not?
Samsung loyalists have long placed multitasking capabilities at the top of the list of reasons they prefer Galaxy devices. Galaxy devices leverage crisp, expansive screens to give users a variety of options for working across multiple apps.
What is meant by multitasking ?
When someone tries to do two things at once, switches between tasks, or quickly completes two or more jobs, they may be multitasking.
Psychologists conduct task-switching research to determine the costs of this type of mental "juggling."
Multitasking occurs when a person performs multiple tasks at the same time.
Examples include talking on the phone and watching television while chewing gum, or writing emails during a conference.
According to research, multitasking has both advantages and disadvantages.
Although a hyphen is not required for the word "multitask," it is commonly used and is not a typo.
To learn more about multitasking refer to
brainly.com/question/12977989
#SPJ4
When would you include an executive summary in a report?
Answer: Is B. When the report is 30 Pages long
Explanation: because I know
suppose another cash register opens up before any of the 8 customers starts checking out and suppose you can schedule all 8 customers in any way you want over these two cash registers, which method would
The specific schedule and division of customers would depend on factors such as the number of items each customer has, their payment method, and any potential delays or complications that may arise.
If another cash register opens up before any of the 8 customers start checking out, and assuming you can schedule all 8 customers in any way you want over these two cash registers, the most efficient method would be to divide the customers equally between the two registers.
This way, each register would have 4 customers to attend to, reducing wait times for customers and increasing overall efficiency in the checkout process. However, the specific schedule and division of customers would depend on factors such as the number of items each customer has, their payment method, and any potential delays or complications that may arise.
to learn more about customers click here:
brainly.com/question/30092620
#SPJ11
Business can handle risks through which of the following
Answer:
offering a wide range of products
Explanation:
Businesses handle international risks through offering a wide range of products. Also if you don't mind can you mark me as brainliest?? I need just one more to move up and become virtuoso on this site. Thank you!!
What MUST you have in order to
complete a federal, state, or local tax
return form?
Answer:
federal
Explanation:
Seller Martin is looking at his closing statement. Which one of the following items is he likely to see
Seller Martin is likely to see several items on his closing statement when selling a property. Some of the common items that he may come across include: Sales Price, Real Estate Commission, Prorated Property Taxes, Mortgage Payoff, Closing Costs, Seller Concessions, Net Proceeds.
1. Sales Price: This is the agreed-upon price at which the property is being sold. It is the starting point for calculating other costs and expenses.
2. Real Estate Commission: The amount that the seller agrees to pay to the real estate agent or broker for their services in facilitating the sale of the property.
3. Prorated Property Taxes: If the property taxes are paid in advance, the seller may be entitled to a credit for the portion of the taxes they have already paid that covers the period beyond the closing date.
4. Mortgage Payoff: If the seller has an outstanding mortgage on the property, the closing statement will show the amount needed to pay off the remaining balance of the loan.
5. Closing Costs: These are the fees associated with the sale of the property, including title insurance, attorney fees, appraisal fees, and recording fees. The closing statement will provide a breakdown of these costs.
6. Seller Concessions: Any concessions or credits agreed upon between the buyer and seller, such as repair credits or closing cost assistance, will be reflected on the closing statement.
7. Net Proceeds: This is the final amount that the seller will receive from the sale after deducting all costs and expenses. It represents the sales price minus the real estate commission, mortgage payoff, prorated taxes, and closing costs.
For more such questions on property
https://brainly.com/question/30897115
#SPJ8
NOTE: Full question is not available.
Joshua is currently consuming the optimal (utility-maximizing) quantities of tuna and ham when the price of tuna suddenly decreases. how will he respond to this price change?
Joshua is currently consuming the optimal (utility-maximizing) quantities of tuna and ham when the price of tuna suddenly decreases. He will consume a bundle of goods at a new higher indifference curve tangent to the new budget constraint.
A Goods is an object that satisfies a human need and provides benefits to consumers and others who purchase satisfactory products. A distinction is generally made between transferable goods and non-transferable services.
Goods is the tangible item sold to the customer and service is the task performed for the benefit of the recipient. Examples of products include automobiles, appliances, and clothing. Examples of services include legal advice, house cleaning, and consulting his services.
Goods are anything from goods, supplies, raw materials to finished products. Anything that is movable and sold to a specific buyer.
Learn more about goods here:https://brainly.com/question/24373500
#SPJ4
Self-assessments must always be formalized instruments of
measurement.
O True
O False
Answer:
true I believe I'm not completely sure though
Explanation:
Assess the attractiveness of the meal kit industry. b. Evaluate HelloFresh's international growth strategy. c. Analyze what drove customers to buy meal kits and the performance implications of these drivers, before and during the pandemic d. Why is HelloFrest's strategy focused on sustainability? What are the issues at stake for the company in this context? e. How can HelloFresh maintain its momentum in a post-Covid-19 world? Can the increased performace be sustained even after the pandemic? What are the biggest challenges that HelloFresh face
Hello Fresh's ability to adapt, innovate, and stay customer-focused will be crucial in sustaining its performance post-pandemic.
a. The meal kit industry has become increasingly attractive due to several factors. Firstly, it offers convenience to consumers by providing pre-portioned ingredients and easy-to-follow recipes, saving time and effort. Secondly, it caters to the growing demand for healthier eating options and customization, allowing individuals to choose meals that align with their dietary preferences. Lastly, the industry has experienced significant growth during the pandemic as more people cooked at home. This increased demand presents opportunities for companies like HelloFresh to expand their market share.
b. HelloFresh's international growth strategy has been effective in establishing a strong presence in various markets. The company has pursued a multi-pronged approach, including acquisitions of local meal kit providers, partnerships with supermarkets, and aggressive marketing campaigns. This strategy allows HelloFresh to leverage existing customer bases and distribution networks, enabling rapid expansion into new regions. For example, the acquisition of Green Chef in the United States helped HelloFresh tap into the organic and vegan meal kit market. By adapting their offerings to local tastes and preferences, HelloFresh has successfully penetrated different international markets.
c. Customers are driven to buy meal kits by factors such as convenience, variety, and the desire to explore new recipes. Meal kits provide an all-in-one solution with pre-measured ingredients and recipe cards, saving time on grocery shopping and meal planning. They also offer a wide range of meal options, catering to diverse dietary preferences. Before the pandemic, the performance implications of these drivers were positive, as the meal kit industry experienced substantial growth. However, during the pandemic, the demand for meal kits skyrocketed due to lockdowns and limited dining options, resulting in even higher sales and revenue for companies like HelloFresh.
d. Hello Fresh's strategy is focused on sustainability because it aligns with consumer preferences and addresses environmental concerns. By emphasizing sustainability, HelloFresh aims to reduce its carbon footprint and promote responsible sourcing and packaging practices. This strategy helps the company attract eco-conscious customers and differentiate itself in the market. The issues at stake for HelloFresh in this context include the challenge of implementing sustainable practices throughout the supply chain, managing costs associated with eco-friendly initiatives, and ensuring that sustainability efforts resonate with customers and positively impact brand perception.
e. To maintain its momentum in a post-Covid-19 world, HelloFresh can employ several strategies. Firstly, the company should continue to adapt its offerings to evolving consumer needs and preferences. This may involve introducing new meal options, expanding into niche markets, or exploring partnerships with health-conscious influencers or chefs. Secondly, HelloFresh should invest in marketing and brand-building activities to strengthen customer loyalty and attract new customers. Finally, the company should prioritize customer feedback and continuously improve its service by enhancing the user experience, addressing any pain points, and ensuring consistent quality.
Despite the increased performance during the pandemic, HelloFresh may face several challenges. Firstly, as restrictions ease and dining-out options become more readily available, the demand for meal kits could potentially decline. HelloFresh needs to anticipate and respond to this shift in consumer behavior. Additionally, the meal kit industry is highly competitive, and HelloFresh must stay ahead of its competitors by constantly innovating and delivering value to customers. Lastly, maintaining a sustainable supply chain can be challenging and costly. HelloFresh must navigate these obstacles while keeping prices affordable for customers and maintaining profitability. Overall, Hello Fresh's ability to adapt, innovate, and stay customer-focused will be crucial in sustaining its performance post-pandemic.
To know more about innovate visit:
https://brainly.com/question/17516732
#SPJ11
Which events could cause the change in demand shown on this graph?
Check all that apply.
Answer:
Factors that can shift the demand curve for goods and services, causing a different quantity to be demanded at any given price, include changes in tastes, population, income, prices of substitute or complement goods, and expectations about future conditions and prices.
Scheduled payments of $984, $241, and $648 are due in one year, four-and-a-half years, and six years respectively. What is the equivalent single replacement payment three years
from now if interest is 6.9% compounded annually?
To find the equivalent single replacement payment three years from now, we need to calculate the present value of the three scheduled payments.
First, let's find the present value of each payment using the formula for the present value of a future payment:
PV = FV / (1 + r)^n
Where PV is the present value, FV is the future value, r is the interest rate, and n is the number of periods.
For the first payment of $984 due in one year, the present value is:
PV1 = 984 / (1 + 0.069)^1 = 921.94
For the second payment of $241 due in four-and-a-half years, the present value is:
PV2 = 241 / (1 + 0.069)^4.5 = 187.14
For the third payment of $648 due in six years, the present value is:
PV3 = 648 / (1 + 0.069)^6 = 456.04
Now, let's add up the present values of the three payments to find the equivalent single replacement payment:
Equivalent Single Payment = PV1 + PV2 + PV3
= 921.94 + 187.14 + 456.04
= $1,565.12
Therefore, the equivalent single replacement payment three years from now, with an interest rate of 6.9% compounded annually, is $1,565.12.
In conclusion, the equivalent single replacement payment three years from now is $1,565.12.
To know about single visit
https://brainly.com/question/31824674
#SPJ11
HAS ANYONE DID THESE TWO EXAMS?
exam lesson name: retail industry fundamentals credential exam part 2
& part 3
An assertion distinguishing (1)the retailers target market (2) the configuration the retailer intends to use to fulfill the objective business sectors needs and (3)the bases on which the retailer intends to fabricate a feasible upper hand.
A new product must either solve a problem or meet a need. That need or issue is most likely not all inclusive except if it arrives at the degree of indoor pipes. It is more likely that a subset of customers require it, such as vegetarians who care about the environment, science nerds, or outdoor enthusiasts. It might interest a young person or a moderately aged proficient, a deal tracker or an upstart.
Not many items today are intended to engage without question, everybody. The upscale and eco-conscious woman who is willing to pay more for quality is the target market for the Aveda Rosemary Mint Bath Bar, which retails for $23 per bar at Aveda beauty stores. Cle de Peau Beaute Synactif Cleanser retails for $110 a bar and is promoted to well off, style cognizant ladies who will pay a premium for an extravagance item. On A mazon, an eight-pack of Dial soap costs less than $5 and is known to be effective.
Learn more about Retailers:
https://brainly.com/question/29560034
#SPJ4
Complete question;
What do you mean by retail industry fundamentals and Retail Strategy?
According to the spotlight on small business box, small businesses can make big money by?
Small businesses, based on the limelight on small company boxes, can make a lot of money. jumping on board with technological advances as they evolve.
What is small business?Small businesses are corporations, partnerships, or sole proprietorships with fewer employees and/or lower yearly income than an average-sized company. According to the SBA, a small business is generally defined as one that has less than 1,500 employees and yearly revenue that is no higher than $41.5 million.
What is technological advances?One of the best ways to expand a firm is through technological advancement, which has the capacity to handle complicated commercial processes. One of the cutting-edge technological trends, digitalization automates a number of operational procedures in the business model and can manage corporate operations effectively.
To know more about small business visit:
https://brainly.com/question/13424073
#SPJ4
The two most generous and politically popular social policy programs are – for health care and – for cash benefits, which primarily benefit –.
The statement can be completed this way:
The two most generous and politically popular social policy programs are Medicare for health care and Social security for cash benefits, which primarily benefit Senior citizens.What are the most generous social policy programs?The most generous social policy programs in the United States are the Medicare and Social Security programs. Medicare was introduced in the United States in the year 1965 and it was initially introduced as part of the Social Security program.
The individuals who this health care program is meant to target are old people who are up to 65 years. Some young individuals who also have some disabilities can also benefit from this program. People with end-stage renal diseases can also benefit from this program.
The social security program is another initiative that is meant to cater to cushion the effect that comes from a drop in earnings due to the retirement of old persons and individuals with a disability.
Learn more about social policy programs here:
https://brainly.com/question/25825448
#SPJ1