Answer: The answer is personnel manager,Top level management such as Directors, Marketing manager, Safety officer
Explanation:
Induction is the process of introducing the new employees into the organization. During the induction process the new employees are acquainted with the policies, practices and general objectives of the organization. Induction is done with a view to generate the personal interest of the new employees in the organization and also to create the employees enthusiasm for the job and to ensure the employees loyalty to the organization. It involves the explanation of the issues such as history of the organization, products and services, General policies and practices, benefits such as insurance ,retirement and vacation, safety regulation .The following officers are likely to play a role in the induction of new employee
Personnel manager for personnel matters such as the benefits that will accrue to such employees such as insurance, retirement benefit and vacation benefits
Marketing manager to handle products and services offer to the target market by the organization
Top level management such as directors to handle matters such as Organization history and General policies and practices
Safety officer to handle matter such as the safety precaution to be taken by the new employees while doing their job
PEST analysis involves the analysis of economic , political, legal, technological and cultural events and trends that may affect the future of the organization and its marketing efforts.
Explanation:
PEST analysis is the simple as well as mostly used tool that helps in analyzing economic,technological, political,socio-cultural changes in the business environment. There are various advantages of PEST analysis that is, it helps in proper understanding of the business, it helps in dealing with various threats, It is also a cost effective analysis. This analysis helps in determining the performance of the business during long- term.
Answer:
D. deficit of $1 trillion; surplus of $4 trillion
Explanation:
If the economy reaches their potential at 12 trillion the government would run a deficit of 1 trilllon which means there is an structural deficit of 1 trillion
As currently there is a surplus of 3 trillion This mean the economy is in a cycle under which there is a surplus of 4 trillion
current budget - structural budget = cyclical
3 - (-1) = 3 + 1 = 4
Answer:
A. People coordinate their activities, resulting in equilibrium in the market.
Explanation:
Adam Smith - a proponent of Capitalist Economy 'Laissez Faire' i.e free markets proposed that :
Un-intervened (by govt) Markets guided by self interest create more wealth & over all socio economic welfare. Any disequilibrium will be sorted by undisturbed market forces, any government intervention is distortionary.