Answer:
Please see the details
Explanation:
The effects of impending labor shortage might effect
a) Selection and Management are getting tougher with lack of active candidates seeking for job or lack of skilled candidates attending the placement process. There is lack of required skills for the job role and hence this subsection needs to send job proposals to even passive job candidates at competitive prices and incentives to attract them towards the company.
b) Training and Career Development is facing reduced number of applicants and they need to put in a lot of effort in order to make the selected candidates learn the required skills suitable for the job. This department is facing a lot of issues as the time and cost invested in training is increasing with increasing labor shortage.
c) Compensation and Benefits is to be prepared to pay more to attract and retain employees. Increased compensation is a fact of life in the early phase. By being prepared, managers can ensure that they are not the last to increase compensation and thus end up with the worst of the labor shortage. For example: it's either the worst candidates or no candidates at all.
The ways that might develop joint, cooperative programs to avert a labor shortage is by :
a) Increasing the number of applicants
- Influencing and expanding the gate keeping institution ( Schools
and training's to expand the production of graduates)
b) Maintain the supply by reducing the flow of workers out of the firm
- Reducing absenteeism
- Efforts to reduce voluntary quits by improving sources of
dissatisfaction
c) Reducing Labor demand and the overall need for a new workers
- Using contingent workers to meet peak demand,
Answer:
The correct option is a. $61.25.
Explanation:
Note: The correct cost function of the farmer is as follows:
C(Q) = 0.05Q^2 ……………….. (1)
Differentiating equation
MC = C’(Q) = 0.1Q
P = Expected price = (25% * $3) + (50% * $3.50) + (25% * $4) = $3.50 ……. (2)
Since profit is maximized when MC = P, we equate equations (1) and solve for Q which is the expected profit-maximizing quantity as follows:
0.1Q = 3.50
Q = 3.50 / 0.1 = 35
Substituting Q = 35 into equation (1), we have:
C(Q) = 0.05 * 35^2 = $61.25
R(Q) = Maximum expected revenue = P * Q = $3.50 * 350 = $122.50
The farmer's maximum expected profit = R(Q) - C(Q) = $122.50 - $61.25 = $61.25
Therefore, the correct option is a. $61.25.
The correct answer is Demography
Zimmer-Centerpulse is the world’s largest producer of replacement hips and knees for orthopedic surgery. It is particularly interested in marketing in the southwestern United States, where a large aging population lives.
The demography most directly explains its continued growth.
Answer:
d. finding the right people
Explanation:
As the George's department had successfully satisfied the needs of the new developed Trout , Inc. IT might happen that work will be extended. This will require Goerge to increase the workforce those are having skill sets that matches the Trout, Inc. needs.
Thus, while recruiting and seelcting for the new positon Georgy will apply HRM goal of finding the right set of people for the required project.
Answer: Participating preferred
Explanation:
Participating preferred is a stock which pays specific dividends rate to their customers and also receives additional dividends, this is made known Board of Directors and paid by the company, this meets up with the objectives a customers has for investing and having a stable income. It is so known as performance preferred and it gives the holder the benefit of collecting extra dividends.
