Which factor is taken into consideration to determine seniority if two employees hold the same rank? Seniority is the time an individual has accrued at a rank level; therefore, a senior officer is any individual who has served longer in the same office or who holds a higher rank than another position. To determine seniority between two individuals, you should look first to the individual’s rank, followed by length of service in that rank and, finally, the length of service in the department. total number of years in the field length of service in the department title of rank length of service in their current rank

How does knowing about supply and demand

Self-interest achieve society’s economic goals because producers know which goods consumers want the most. as consumers and producers exercise their freedom to act in their own self-interest, markets will produce the desired goods at the lowest possible cost. consumers and producers both operate based on society’s economic goals. consumers know which goods can be produced at the lowest cost. there is a wide variety of desired goods and services in a market system because producers determine what to produce. consumers change their minds frequently. there is always a need to produce something new and improved. individual wants are diverse. what is produced is ultimately determined by consumers, because if the goods offered are not what consumers want, consumers will not buy them. producers, because they are driven by profits. producers, because they determine what to produce. consumers, because they participate in marketing surveys.

Why has the free enterprise system been modified to include some government intervention?