How this would work is, the potential client would pick

Assignment Help Macroeconomics
Reference no: EM133376899

Question: I currently work as an admin assistant for a luxury apartment building complex. Before the pandemic began, the company was operating within their own individual PPC. Our building was fully staffed and vacancies for units were within parameters. The company likes to see the building at a 90% occupancy rate. When the pandemic took hold, our occupancy rate stayed the same, we were fortunate that many of our tenants had work from home jobs are their jobs were commuted to work from home. Tenants were able to still pay their rents and our building stayed within 90% occupancy rate during the pandemic.

During the pandemic we did not offer virtual tours of the building, Due to The safety of our employees we did not offer in person tours. If you wanted to view an apartment you could call ahead and schedule an appointment for a self guided tour. How this would work is, the potential client would pick a time they would like to view the unit, our leasing personnel would then unlock the door in advance and the client was able to view the unit alone. If they wanted to sign up we would accept all documentation via the internet . This caused some potential renters to shy away from the property as we only were able to send pictures of the units if they did not want to do the self guided tour.

c) Since we have looked at the Employment Report for November, indicate whether the number of employees at the establishment you are responding about in this post changed since 2020 and whether there is discussion about more being hired or some being laid off. The number of employees of employees at the establishment has changed, The company laid off our shuttle bus driver during the pandemic because it couldn't be utilized as public transportation was dangerous for tenants and staff.

During the pandemic the business did not do anything different we sustained revenue. There was no increase demand or lost, my company was very fortunate. I work in Stamford which is very close to NYC we had some people that lived in NY that moved into the building during the pandemic due to the increased cases of Covid. In addition many New Yorkers moved to Stamford for the cost of living savings. It is less expensive to rent in Stamford than NY and many of our clientele was able to work from home. So the decrease that we normally would've seen during the pandemic did not happen because there was a market for apartments in my specific location.

Reference no: EM133376899

Questions Cloud

How do you encourage women to participate in male-dominant : How do you encourage women to participate in male-dominant esports programs? Who would you contact on campus? What might you be required to do if the Title
Explain impact of each of the on the equilibrium quantity : Use the model of supply and demand for bonds to illustrate and explain the impact of each of the following on the equilibrium quantity of bonds outstanding
Capital budget and expansion analysis : With your strategic goals and position statement in mind, select 3 items from the "extra facilities", or "EMS" decision tab on HOTS.
Applicant has interviewed for the coding position : An applicant has interviewed for the coding position. He is in a wheelchair and has vision problems. He is an RHIT with coding experience.
How this would work is, the potential client would pick : How this would work is, the potential client would pick a time they would like to view the unit, our leasing personnel would then unlock the door in advance
Project - the environmental impact of digital transformation : Unit 13 Computing Research Project - BTEC Higher National Diploma in Computing - Reflect on the success of your research project and your performance
Technology and privacy in the workplace : As with many areas of rapid advancement, the law often lags behind the actual situation that exists with regards to technology and privacy in the workplace.
Find the company organizational structure : Find the company's organizational structure, if possible. Otherwise, using the information you gathered about the company and its jobs,
About one risk factor and one protective factor : Describe how life course approach can be applied to understand outcomes like obesity, Make sure to talk about one risk factor and one protective factor.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd