Answer:
Georgeland has an absolute but not a comparative advantage in producing clothing.
Explanation:
Absolute advantage is defined as the ability of a firm to produce higher amounts of a product as a result of use of the same resources with other competitors. It is usually bad a result of more efficient production process.
Comparative advantage is the ability of a firm to produce goods at a lower opportunity cost. Therefore they are able to sell at lower price compared to competitors.
Georgeland can produce 18 units of clothe per year while Alland can produce 16 units per year, so Georgeland has absolute advantage.
In producing clothes Georgeland has opportunity cost of 36 units of food which is higher than that of Alland which is 32 units of food. So Georgeland does not have comparative advantage in producing clothes.
Answer:
The best next step that the investor should take regarding Praetorianʹs stock is C. Revise her estimate of Praetorian's Dividend Growth
Explanation:
Consider the following calculations
Price = D (1+g)/ (r-g) = 2.5*(1.05)/(0.08-0.05) = $ 87.5
Hence, the stock is underpriced at $ 84 per share
.
Answer:
The correct option is C,job enrichment
Explanation:
Job enlargement refers adding additional tasks to an employee's job description and it is done for different reasons. The chief possible motive for job enlargement could be prepare the employee for a higher role.
Satisficing on the job involves ensuring one is able to attend to tasks one is saddled with in order to achieve a balance between different stakeholders' expectations instead of prioritizing one's stakeholder's need over another.
Job enrichment is a way of encouraging employees to give out their best output by assigning to them jobs previously reserved for more senior employees
Job design implies making decision on a job description by considering tasks that could be combined and performed by a single employee
Job development is about appraising an employee with a view to discovering his growth needs on the job and make adequate arrangement in terms of training to enable the employee to bridge the skills gap
The bone contention here is between options A and C,but C is preferred since the additional tasks are tasks previously meant for one's managers.
Answer: B) employee’s compensation.
The income approach to measure gross domestic product or GDP starts with the income earned (wages plus plus rents plus interest plus profits) from the production of goods and services.
Based on the income-based method of calculating GDP, income or wages earned by Joe and Michelle for being partners can be categorized under B) employee’s compensation.
