performance management refers to all of the following except: A. data to effectively organize culture, systems and processes
B. setting goals and allocating resources
C. affecting policies and programs
D. sharing results
E. driving corporate strategy
Answers
Driving corporate strategy is not considered a core component of performance management. Option E.
Performance management is a comprehensive process aimed at maximizing organizational performance by aligning individual and team goals with overall corporate objectives. It involves various activities and components that contribute to the effective functioning and improvement of an organization. "data to effectively organize culture, systems, and processes," is a crucial aspect of performance management. It entails collecting and analyzing data to identify areas of improvement, assess employee performance, and make informed decisions about the organization's culture, systems, and processes. This data-driven approach helps in identifying strengths, weaknesses, and areas for development."setting goals and allocating resources," is another integral part of performance management. By setting clear and measurable goals, organizations provide direction to employees and allocate resources accordingly. It ensures that efforts are focused on achieving desired outcomes and that resources are optimally utilized."affecting policies and programs," is also a part of performance management. This involves developing and implementing policies and programs that support performance improvement initiatives. These policies and programs can include training and development, performance appraisal systems, and rewards and recognition mechanisms.
"sharing results," is an essential component of performance management. It involves providing feedback and communicating performance outcomes to employees, teams, and stakeholders. Sharing results fosters transparency, accountability, and continuous improvement within the organization."driving corporate strategy," is the correct answer as it does not directly fall under the definition of performance management. While performance management may inform corporate strategy and help align it with individual and team goals, the primary focus of performance management is on managing and improving performance rather than formulating overall corporate strategy.In conclusion, performance management encompasses activities such as using data to organize culture, systems, and processes; setting goals and allocating resources; affecting policies and programs; and sharing results.Option E.
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Related Questions
What functional-level strategies has Amazon pursued to boost its efficiency? What functional-level strategies has Amazon pursued to boost its customer responsiveness? What does product quality mean for Amazon? What functional-level strategies has Amazon pursued to boost its product quality? How has innovation helped Amazon improve its efficiency, customer responsiveness, and product quality? Do you think that Amazon has any rare and valuable resources? In what value creation activities are these resources located? How sustainable is Amazon’s competitive position in the online retail business?
Answers
Answer:
All answers which are asked related to Amazon's strategies and its customer responsiveness are answered below in details.
Explanation:
Amazon has executed several approaches to improve its performance. These approaches include optimizing their picking and packing methods by using robots to decrease the expenses that the customer spends.Amazon has achieved new technology to improve performance, and customer responsiveness to increase product quality by spending in Kiva.Quality for Amazon implies increasing quality as perfection; rendering products, by third party retailers, that are not affected, not lapsed or broken.Amazon went from trading books to trading a wide variety of media and general- commodity goods.It has a sustainable competing advantage
When people purchase goods, they match different suppliers on a graded assortment of factors. For Amazon shoppers, those parts, or customer purchasing criteria (CPC), involve cost, fast shipment, and reliable service.Classify each of the following industries or organizations as an oligopoly, a monopoly, or being monopolistically or perfectly competitive:
a. Athletic shoes.
b. Restaurants.
c. Watches.
d. Aircraft.
e. Department of Motor Vehicles.
f. Ice cream.
g. Electricity and utilities.
Answers
Classification of the following industries or organizations as an oligopoly, a monopoly, or being monopolistically or perfectly competitive is as follows,
a)Athletic shoes - Monopolistic Competition Several significant players in this market, such as Nike, Adidas, and Under Armour, are present, as well as smaller players like Asics, Pumas, and Beauts running shoes. b)Restaurants because to the abundance of eateries, both large and small, and the rising number of Americans dining out, entering this industry is simple and requires no farriers. Being persistent is another matter, though, given how fiercely competitive the sector is. c)Watches Monopolistic Competition There are numerous well-known water producers, ranging. Roles and Movato make luxury watches in a range of price ranges, whereas Fossil makes rounds,the mid-range to budget watch market. d) The aircraft industry is an oligopoly, making it very difficult for new businesses to succeed. Manufacturers of aircraft and Gulfstream essentially control the market for commercial liners, while other small businesses complete the market for smaller aircraft. e)Department of Motor Vehicles, Monopoly, There is only one DMV and there can be only one; it is a basic human need, and the government regulates it. f)Ice cream - Ideal Competition - Both large and small ice cream shops and whole-sellers are available. It's akin to entering a restaurant market to enter a market. Although entry is simple and there are many options for customers, survival could be challenging. g)Electricity and utilities People often do not have a choice when it comes to utility monopolies.
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has an insurance policy that will only pay for a maximum of 60 days of hospitalization during a year. which provision in his insurance policy would specify this?
Answers
The insurance firm (the insurer) and the person(s), company, or other entity being covered have a legal agreement called an insurance policy (the insured). By reading your policy, you can make sure that it addresses your needs and that both you and the insurance provider are aware of your obligations in the event of a loss.
Explain about the Insurance policy?Its goal is to lessen monetary uncertainty and manage unintentional loss. This is accomplished by exchanging the payment of a small, predetermined fee—an insurance premium—to a reputable insurer for the assumption of the risk of a significant loss and a guarantee to make payments in the case of such a loss.
Each benefit period, Original Medicare pays up to 90 days of inpatient hospital care. You also get 60 days of supplemental coverage known as lifetime reserve days. You may only use these 60 days once, and you will be responsible for the coinsurance ($778 per day in 2022).
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Market competition is described as a:
A. Full contact sport
B. None of these
C. Survival of the fittest
D. No holds barred
Answers
Answer:
Survival of the fittest
Explanation:
Survival of the fittest, term made famous in the fifth edition (published in 1869) of On the Origin of Species by British naturalist Charles Darwin, which suggested that organisms best adjusted to their environment are the most successful in surviving and reproducing. Darwin borrowed the term from English sociologist and philosopher Herbert Spencer, who first used it in his 1864 book Principles of Biology. (Spencer came up with the phrase only after reading Darwin’s work.)
Find the equilibrium quantity and equilibrium price for the commodity whose supply and demand functions are given. Supply: p=65q Demand: p= -q² +7,500 The equilibrium quantity is q = at price p = $.
Answers
The equilibrium quantity is q = 50 units at a price p = $6,250.
To find the equilibrium quantity and price, we need to set the supply and demand functions equal to each other and solve for q (quantity) and p (price).
The supply function is given as p = 65q, which represents a linear relationship between price and quantity supplied. The coefficient of 65 indicates that for every unit increase in quantity, the price increases by $65.
The demand function is given as p = -q² + 7,500, which represents a quadratic relationship between price and quantity demanded. The negative coefficient of q² indicates that as the quantity demanded increases, the price decreases.
Setting the supply and demand functions equal to each other, we have:
65q = -q² + 7,500
Rearranging the equation and converting it into a quadratic equation form, we get:
q² + 65q - 7,500 = 0
By solving this quadratic equation, we find two potential values for q. However, since the demand function is a downward-sloping curve, we consider the positive value for q, which is q = 50 units.
Substituting this value back into either the supply or demand function, we can find the equilibrium price. Using the supply function, we have:
p = 65q
p = 65 * 50
p = $3,250
Therefore, the equilibrium quantity is q = 50 units, and the equilibrium price is p = $6,250.
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Which situation most directly illustrates a possible outcome of a fiscal
policy?
A. New environmental regulations make drinking water in a city safer.
B. The government decides it is time to print a great deal of new
money
O C. Struggling farmers receive less assistance from the government.
O D. A company decides to expand its operations into several new
states
Answers
Answer:
C
Explanation:
The correct answer would be option C that says that the struggling farmers receive less assistance from the government as fiscal policies are associated with determining the expenses and taxation policies to the various sectors to regulate the direction of the economy.
There are two types of Fiscal Policy that are Expansionary and Contractionary.
Expansionary fiscal policy:
deals with an increase in spending and/ or relaxing in taxation by the government so that consumers in the economy get more money.Contractionary policy:
deals with reducing spending and/ or increasing taxation.In this case, farmers did not get assistance from the government due to reducing the amount of Federal money available for farming and farmers is an illustration of Contractionary fiscal policy.
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Suppose the government wants to tax the good that will generate more tax revenue at a lower welfare cost. In this case, it should tax because, all else held constant, taxing a good with a relatively elastic demand generates larger tax revenue and smaller deadweight loss.
Answers
The Government should tax Smartphones because all else held constant taxing a good with a relatively less elastic demand generates larger tax revenue and smaller dead weight loss.
What is Elastic demand?An elastic demand refers to the change in the quantity demanded which takes place due to the change in the prices of the commodity. The prices changed in the large.
The complete question is attached below.
The opposite of the Elastic demand is Inelastic Demand which refers to the change in the demand in response to the smaller change in the prices of the commodity.
Smartphones should be subject to a tax because, all else being equal, taxing a good with a substantially less elastic demand results in greater tax revenue and less waste.
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A space heater costing $235 offers an extended warranty for 15% of the purchase price. if the local repair shop will fix a space heater for $12, how many times must the space heater need repairs for the warranty to be worth the cost? a. one b. two c. three d. four please select the best answer from the choices provided
Answers
C. Three , The space heater must be repaired at least 3 times for the warranty to be worth the cost.
Given :
Cost of a space heater = $235
Percentage of the purchase price offers an extended warranty = 15%
So, it will become,
15÷100 ×235 = $35.25
Price fixed by the local repair shop on a space heater = $12
So,
35.25 ÷12 = 2.993 = 3 apprx.
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Take any process of your choice to develop the AS-IS model and do the TO-BE model.
Answers
The process chosen for developing the AS-IS and TO-BE models is the customer order fulfillment process.
The customer order fulfillment process refers to the sequence of activities involved in receiving, processing, and delivering customer orders. The AS-IS model represents the current state of the process, highlighting its strengths, weaknesses, and areas for improvement. On the other hand, the TO-BE model depicts the desired future state of the process, incorporating changes and enhancements to achieve greater efficiency and customer satisfaction.
In the AS-IS model, the customer order fulfillment process begins with the customer placing an order, which is then received by the sales team. The order details are manually entered into the system, leading to a potential risk of data entry errors. Afterward, the order is passed on to the inventory management team, who checks the availability of the products. In some cases, delays may occur due to inefficient communication channels between teams.
Once the inventory is confirmed, the order is transferred to the fulfillment team responsible for packaging and shipping. However, the process lacks real-time tracking capabilities, making it difficult to provide accurate delivery estimates to customers. Additionally, the absence of automated notifications to customers creates a gap in communication, potentially leading to customer dissatisfaction.
To address these challenges, the TO-BE model proposes several improvements. Firstly, the order placement process can be streamlined by implementing an online ordering system, allowing customers to directly input their details, reducing the likelihood of errors. Furthermore, integrating the inventory management system with real-time updates will enable accurate availability checks and provide better visibility across teams.
Moreover, incorporating a centralized tracking system and automated notifications will enhance communication with customers, keeping them informed about the status of their orders at every stage. By leveraging technology and optimizing interdepartmental collaboration, the TO-BE model aims to improve operational efficiency, minimize errors, and enhance the overall customer experience.
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what is a business plan
Answers
Answer:
A business plan is a written document that describes in detail how a business usually a startup may defines its objectives and how it is to go about achieving its goals.
Answer:
According to Wikipedia, A business plan is a formal written document containing the goals of a business, the methods for attaining those goals, and the time-frame for the achievement of the goals.
parts $ 19,500 rent for retail store 4,900 depreciation on marketing department's computers 780 assembly line workers' salaries 2,950 ceo's salary 4,450 screws (indirect materials) 1,150 salespeople's salaries 2,400 additional parts 7,800 depreciation on machines 1,550 factory utilities 850 janitorial supplies 900 required: determine the cost of direct material. determine the cost of direct labor. determine the cost of manufacturing overhead. determine the total manufacturing cost. determine the total period cost.
Answers
The total period cost is the sum of the total manufacturing cost and other expenses such as the CEO's salary at $4,450, the salespeople's salaries at $2,400, and additional parts at $7,800, which brings the total period cost to $33,950.
The cost of direct materials is the cost of screws which is $1,150. Direct labor is the cost of assembly line workers' salaries which is $2,950. Manufacturing overhead consists of depreciation on the marketing department's computers ($4,900), depreciation on machines ($7,800), factory utilities ($1,550), and janitorial supplies ($900), bringing the total manufacturing overhead cost to $15,150.
The total manufacturing cost is the sum of the direct materials, direct labor, and manufacturing overhead, which is $19,300. The total period cost is the sum of the total manufacturing cost and the CEO's salary ($4,450), salespeople's salaries ($2,400), and additional parts ($7,800), which is $33,950.
Direct materials are the raw materials used to produce goods. In this example, direct materials consist of the screws purchased for $1,150. Direct labor refers to the costs of hiring workers to directly produce the goods. In this example, direct labor consists of the salaries of the assembly line workers at $2,950.
Manufacturing overhead consists of all costs associated with the production of the goods, aside from direct materials and direct labor. This includes the depreciation of the marketing department's computers at $4,900, the depreciation of machines at $7,800, factory utilities at $1,550, and janitorial supplies at $900, bringing the total manufacturing overhead to $15,150.
The total manufacturing cost is the sum of direct materials, direct labor, and manufacturing overhead, which comes to $19,300. The total period cost is the sum of the total manufacturing cost and other expenses such as the CEO's salary at $4,450, the salespeople's salaries at $2,400, and additional parts at $7,800, which brings the total period cost to $33,950.
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Which of the following are characteristics of a scarce resource?
Choose 1 answer:
Choose 1 answer:
(Choice A)
A
The supply of the resource exceeds the demand of the resource.
(Choice B)
B
There is a fixed quantity of the resource available but no demand for it.
(Choice C)
C
There is a demand for that resource with limited supply.
(Choice D)
D
There is limited supply of a resource with no demand for that resource.
(Choice E)
E
The resource has unlimited supply and limited demand.
Answers
There is a demand for that resource with limited supply are characteristics of a scarce resource. When the demand for a natural resource exceeds the supply, resource scarcity results, which causes the stock of those resources to decrease.
As a result of rising costs that make the demand resource less accessible to those who are least well-off, this might result in unsustainable supply growth and an increase in inequality. When there aren't enough resources to meet everyone's needs, there is scarce resource. Oil is among the most well-known instances of how resource scarcity affects the United States. Local gas prices will surely climb when oil prices around the world do.
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Consider the market for pens. Suppose that increased medical concerns over lead pencils have led schools to steer away from pencil use in favor of pens. Moreover, the price of plastic, an important input in pen production, has dropped considerably.
On the following graph, labeled Scenario 1, indicate the effect these two events have on the demand for and supply of pens.
True or False: When both the demand and supply curves shift, you can always determine the effect on price and quantity without knowing the magnitude of the shifts.
Answers
Explanation:
Being able to determine the effect on price would have to be circumstantial
One of the Deadlock Characterization conditions is Hold and wait. It means a resource can be released only voluntarily by the process holding it, after that process has completed its task True False
Answers
The statement is false; Hold and wait condition in deadlock characterization does not require a process to release resources voluntarily before completing its task.
Hold and wait is a condition in deadlock characterization that states that a process can hold allocated resources while waiting for additional resources to be allocated. It does not require the process to release any resources it currently holds before completing its task.
In a deadlock situation, a process may hold some resources and request additional resources that are currently held by other processes. If all processes hold resources and wait for other resources to become available, a deadlock can occur. This condition is known as hold and wait.
Hence, according to the hold and wait condition, a process is not required to release resources voluntarily before completing its task. Instead, it can hold resources while waiting for additional resources to be allocated, potentially leading to a deadlock situation.
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Most advertising spending is directed to _____.
Answers
Answer:
the internet
Explanation:
Conducting a search of the store is part of store closing duties. Why?
Answers
1. Everything is in place
If things are not in place in a store, things would be very messy when opening the store the next day. Conducting a search of the store to see if everything is in place also ensures that no merchandise was stolen, and if so, persecution would be followed through with accordingly.
2. There is nobody trespassing/lurking
Conducting a search of the store is part of store closing duties because it assures workers that nobody is lurking in the shadows or intruding without the attention of any employee. Trespassing is illegal in most places, and it is a severe felony in some places. Whenever a store attendant is unaware of somebody who is in the store without permission, countless things can happen that do not work in favor of benefitting the business. However, conducting a search of the store during closing time would eliminate this concern.
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A debit in the T-Account for 'Cash' may be balanced by a credit in which of the following?
A. Equipment
B. Inventory
C. Accounts Payable
D. All of the Above
Answers
Answer:
B
Explanation:
ABC Company issued a bond with face value for $1000, paid annual 10% coupon and 3 years to maturity, what is the value of ABC bonds today if the required rate of return is 12%.
Answers
Answer:
The value of Bond = $951.963
Explanation:
The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV) discounted at the yield rate
Value of Bond = PV of interest + PV of RV
Th e PV of interest payment
A ×(1- (1+r)^(-n))/r
Interest payment = 10%× 1000 = 100
PV = 100× (1- 1.12^(-3))/0.1 = 240.183126
PV of redemption value
PV = RV× (1+r)^(-n)
PV = 1000× 1.12^(-3) = 711.7802
The value of bond = 240.18 + 711.78= 951.963
The value of Bond = $951.963
What will happen if both indent marker and tab top applied in formatting the meaurement layout of your document? Can both be applied at the ame time?
Answers
Both indent marker and tab top can be applied together to get the desired formatting.
Both indent markers and tab stops can be used to format a document's measurement arrangement. By shifting the entire block of text to the right or left, indent markers can be used to produce consistent margins for a block of text.
Contrarily, tab stops are used to align text on a page at precise points, such as to align numbers in a column of tabulated data. Tab stops and indent markers can both be used simultaneously in a document and can cooperate to produce the required formatting. For instance, you could use tab stops inside of a block of text to align particular passages of text after setting the block's margins with indent markers.
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Left and Right are partners. Their capital accounts during 20X1 were as follows: Left, Capital 8/236,0001/130,000 4/38,000 10/316,000 Right, Capital 3/59,0001/150,000 7/67,000 10/75,000 Partnership net income is $50,000 for the year. The partnership agreement provides for the division of income as follows: Each partner is to be credited 8 percent interest on his or her average capital (calculated after rounding to the nearest number of whole months). Any remaining income or loss is to be divided equally. Required: Prepare an income distribution schedule.
Answers
The partnership agreement provides for the division of income as Each partner is to be credited 8 percent interest on his or her average capital (calculated after rounding to the nearest number of whole months).
What is partnership?A partnership is an agreement in which two or more parties, known as business partners, agree to work together to advance their mutual interests. Individuals, businesses, interest-based organizations, schools, governments, or combinations can form partnerships.
A partnership is a single business owned by two or more people. Each partner contributes to every aspect of the business, whether it's money, property, labor, or skill. In exchange, each partner shares in the company's profits and losses.
The goal of a partnership agreement (or partnership contract) is to create a legally binding contract between two or more individuals or other legal entities in order to establish a business enterprise. This partnership agreement specifies each partner's or entity's rights and responsibilities.
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Journal entry for paid telephone rent for the year by Cheque Rs. 500.
Answers
Answer:
telephone rent A/c. Dr. Rs.500
To bank A/c. Rs.500
(being telephone rent paid )
The journal entry of the payment of telephone expenses is that the telephone expenses account is debited to record the expense incurred. The bank account is credited to record the payment made by cheque.
Here is the journal entry for paid telephone rent for the year by Cheque:
The journal entry to record the payment of telephone expenses by cheque is as follows:
Date Account Titles and Explanation Debit Credit
--------------------------------------------------------------------------------
2023-07-18 Telephone expenses $500
Bank $500
(To record the payment of telephone expenses by cheque.)
The telephone expenses account is a nominal account, which means that it is used to record expenses. The bank account is a real account, which means that it is used to record assets. The debit and credit entries are equal in amount, which means that the accounting equation is balanced. The journal entry is dated July 18, 2023, which is the date on which the payment was made. The explanation for the entry provides a brief description of the transaction.
In summary, the journal entry records the payment of telephone expenses by cheque. The telephone expenses account is debited to record the expense incurred. The bank account is credited to record the payment made by cheque. The debit and credit entries are equal in amount, which means that the accounting equation is balanced.
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Under MSRB rules, a registered representative is prohibited from sharing in the gains and losses of a customer's account unless the:
Answers
Answer:
D)
Explanation:
This is the case unless the registered representative contributes capital proportionate to his sharing percentage and receives written approval of the principal. This is because the MSRB clearly prohibits this, but if the registered representative opens a joint account with the customer (granted the customer approves), and shares in both the gains and losses of the account with a proportionate capital contribution, then both are entering into the same risk and are allowed to share in the gains and losses. This is as long as the principal provides written approval.
19) the musical instrument played by a music student a. Qualitative-Nominal b. Qualitative-Ordinal c. Quantitative-Discrete-Ratio d. Quantitative-Discrete-Interval e. Quantitative-Continuous-Interval f. Quantitative-Continuous-Ratio
Answers
The musical instrument played by a music student can be classified as a. Qualitative-Nominal.
The reason for this classification is that musical instruments do not possess an inherent order or ranking (ordinal) nor can they be measured on a numerical scale (quantitative).
Instead, the choice of instrument is based on qualitative characteristics such as the sound produced, playing technique, or personal preference. Musical instruments fall into different categories (e.g., strings, woodwinds, brass), but these categories do not imply any specific order or magnitude, making it a nominal variable.
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When a taxpayer does NOT materially participate in the business activities of a trade or business (including rental activities) in which he is a partial owner, any loss that flows through to the taxpayer is subject to the (1)........... (2)............. loss rules
Answers
When a taxpayer does NOT materially participate in the business activities of a trade or business (including rental activities) in which he is a partial owner, any loss that flows through to the taxpayer is subject to the (1) passive (2) loss rules.
Under the passive loss rules, losses from passive activities (i.e., activities in which the taxpayer does not materially participate) can only be used to offset income from passive activities.
Any excess losses can be carried forward to future years or used to offset passive income in future years.
However, if the taxpayer disposes of their entire interest in the passive activity, any unused losses from that activity can be used to offset non-passive income in the year of disposition.
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Kay a person with a disability is an employee of mid state transport company when the firms elevator is taken out of service kay cannot get to her offics
Answers
Companies are supposed to provide working elevators for people living with disabilities.
In this regard, because Kay is disabled, the only means for her to access her office conveniently and on time is availability of elevator during the working hours.
However too, it could be inferred that the company is trying to kick her out if management is taking away the elevator or if they stopped the elevator officially from working.
What is an elevator?An elevator is lift that moves people or passengers in a vertical shaft in a multistory building.
So therefore, companies are supposed to provide working elevators for people living with disabilities.
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In what areas do federal agencies regulate to ensure safety and the general
wellness of US citizens?
a. Businesses
b. Environment
c. Products
d. All of the above
Answers
Answer:
d. All of the above
Explanation:
Government regulations are the rules that players in an industry must abide by. In a free-market economy like the US, the government's main role is to regulate economic activities. The government enforces regulation through its various agencies.
The areas of regulations include but are not limited to
Protecting consumers from undue exploitation by businesses, Encourage fair business competition Promote a healthy, safe work environment for employees Promote and sustain a clean environmentPrivate data protection and securitywhat are two factors that have caused labor union membership to decline significantly over the past 50 years?
Answers
Two factors that have caused labour union membership to decline significantly over the past 50 years are Right-to-work laws were passed and the loss of jobs in manufacturing in the US.
What do you know about labour union membership ?
Unions are independent worker organisations formed for the purpose of furthering and defending workers' interests. As a result, they play an important role in the quest for better remuneration and working conditions. Union membership, density, and bargaining power all have a significant impact on working conditions. Reliable data on unions and unionisation, employers' organisations, collective bargaining, and industrial disputes are required to assess the extent of social dialogue. This page contains statistics and other information about global unionisation.
So, The required answer is Right-to-work laws were passed and the loss of jobs in manufacturing in the US.
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i. Rohit after doing his graduation has decided to run a retail shop as a source of livelihood.
ii. He procures the goods from the wholesalers according to the consumer's demand and
maintains a regular supply of goods to his customers.
[5]
TGIS-Raipur
4 / 5
iii. Customers are well satisfied with his services due to which his sales turnover is very high
and he is earning a good return on his capital employed.
iv. Seeing his Successful business, two other retailers have also opened their shops in the same
area giving him tough competition reducing his market share and margin of profits. But
Rohit knows, in spite of his best efforts put into the business, there is always the possibility
of inadequate profits or losses.
a. Identify the economic activity Rohit is engaged in.
b. Enlist the features of identified economic activity with reference to the underlined words
in each sentence given above.
Answers
Answer:
b
Explanation:
just had the same question
Answer:
a-business is the economic activity
b-features are
profit earning- as it js essential for survival growth and expansion of business
dealings in goods and services on a regular basis - and not merely one single transactions of sale or purchase
Which group is legally responsible for implementing
protection and controls that ensure your workplace
meets safety standards?
A. Employers
B. Unions
C. Employees
D. Government
Answers
Answer:
A
Explanation:
Answer:
It SHOULD be employers but i may be wrong... if i'm not CAN I PLES HAVE BRAINLYIEST
Explanation:
Also, if i'm right there is no need to thank me unless you want too
what do graphs of marginal product of labor and average product of labor when the curve is a straight line
Answers
Initially when the graphs of the Average product of labor and Marginal product of labor are straight lines which shows that both the Average and Marginal product increase with the increase in labor.
Marginal product is the additional output that is generated by an additional worker. With a second worker, production increases by 5, and with the third worker, it increases by 6. When these workers are added, the marginal product increases.
The MP curve initially increases, reaches its maximum, and then declines. the AP curve also shows a similar trend as the MP. It rises, reaches its maximum, and then falls. At the point where AP reaches its maximum, AP = MP.
The law of diminishing marginal returns states that as successive amounts of the variable input, i.e., labor, are added to a fixed amount of other resources, i.e., capital, in the production process the marginal contribution of the additional variable resource will eventually decline. As the marginal product begins to fall but remains positive, the total product continues to increase but at a decreasing rate. As long as the marginal product of a worker is greater than the average product, computed by taking the total product divided by the number of workers, the average product will rise.
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