logical advances made the adop and medium-sized employers tter serve a diverse, multi-gene ment Standards tegislation man
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A: Lease refers to a contract between two parties under which one party who is the real owner of an ass...
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A: An account receivable is defined as it is money that has not been paid by customers after using the ...
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A: Introduction: Statement of cash flows: All cash in and out flows are shown in statement of cash flow...
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A: Indirect Export: Indirect export refers to the sale of products or services to a middleman who then ...
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- Government policies designed to increase the skills of the work force shift the labor demand curve to the right, increasing employment and total output. a. True b. FalseSelect a manufacturing organization for justifying the following quote “Companies with labor incentive manufacturing processes are most likely to benefit from sending manufacturing operations overseas because the bulk of potential cost savings relate to labor costs”. Q. Identify the 1) Relevant Costs of the decision mentioned above. 2) Irrelevant Costs of the decision mentioned above. 3) Benefits in such a decision for the company, as mentioned above in the quote.Wide CEO-worker pay-gap ratios would create an unequal workplace leading to all these effects, except Select one: O a. better company performance O b. more work-related stress O c. more industrial disputes O d. higher employee turnover
- Which of the following is not an advantage of a group incentive pay scheme O A. administration time is reduced O B. individual working arrangements may become more flexible OC. non-production hours for individuals can be included in the scheme D. bonuses are easy to allocate to individuals Reset SelectionIn discussing "output-based compensation schemes," such as piece-rate systems, Stanford economist Edward Lazear observed, "One major advantage of this approach is that it accommodates a variety of worker preferences." But he also noted, "A disadvantage is that a pure piece-rate scheme makes the worker bear risk associated with variations in. business conditions." Source: Edward P. Lazear, "Compensation and Incentives in the Workplace," Journal of Economic Perspectives, Vol. 32, No. 3, Summer 2018, pp. 195-214. a. What does Lazear mean by the first quote above? How do these compansation schemes accommodate different worker preferences? Preferences for whar? OA Piece-rate compensation can benefit both workers who have less ability as well as those who have greater ability OB. Piece-rate pay can benefit workers who prefer to earn more income as well as those who prefer more leisure time. OC. A piece-rate system can benefit workers who prefer a slower work pace and those who prefer a…All of the following affect the labor market EXCEPT O Social change O population shifts the economy O world events government actions O the forces of competition on staff size O armed forces
- 13. With an increase in ________, employee training is important in many companies. A. Technology B. Employees C. Workplace discrimination D. Upper management 14. Training is usually: A. Paid for by the employee B. Provided and paid for by the company C. Free to all participants D. Paid for by a professional trainer 15. An entrepreneur is someone who: A. All of these B. Would rather work for others C. Doesn't mind lower pay as long as he or she can work for him- or her-self D. Assumes the risk of succeeding or failing in business 16. Continue expanding your knowledge: A. Only in areas that interest you B. Only in areas relating to your current job C. In as many areas as possible D. In only areas your boss recommendsWhich of the following would not be a good measure of innovation performance? A. Number of new ideas (product/service/ process) generated at start of innovation system B. Number or percentage of overruns on development time and cost budgets OC. Level of employer contribution to employee pension D. Development man-hours per completed innovation OQ4.a) Recently, there has been a growing awareness of the important social andeconomic roles of the Small Business sector (MSMEs) and the importance ofentrepreneurship in stimulating growth of socio-economic sector and development.This has been true in both developed and developing economies of the world.Critically discuss the factors that have provided the impetus to this kind ofdevelopment? b) Explain the difference between full-absorption costing and direct costing? Howdoes absorption costing help an entrepreneur make better decision?
- Many outsourced jobs have resulted in offshoring jobs, rather than using domestic outsourcing. If a U.S. company wants to offshore a service like customer service, for example, what are some of their considerations? In your answer, address offshoring disadvantages as compared with domestic outsourcing.Stricter rules for health, environment and safety (HSE) lead to: a Reduced employment because taxes must be increased to pay for HSE measures b. Reduced employment because it becomes more expensive for companies to hire people c. Increase employment because there will be fewer accidents and thus fewer work-related injuries d. Increase employment because HSE leads to new work tasks that require extra employeesSelect a manufacturing organization for justifying“Companies with labor incentive manufacturing processes are most likely to benefit from sendingmanufacturing operations overseas because the bulk of potential cost savings relate to labor costs”.Q1. Identify relevant and irrelevant costs and benefits in a decision?Q2. Prepare an analysis showing whether a product line or other business segment should be addedor dropped?Q3. Determine the value of obtaining constrained resources?
