Answer:
The exchange rate is the value for which one currency can be exchanged for another. Thus, for example, 20 Mexican pesos are needed to acquire an American dollar.
Technically, it could happen that a country changes its exchange rate with respect to a hard currency (such as the Dollar or the Euro) through fixed exchange rates, in order to increase the value of the salaries of its citizens, measured in international currencies. For example, if the Mexican government fixed a parity between the dollar and the peso of value 1 to 1, the minimum wage of Mexicans would go from being worth $ 215 to multiplying by 20, that is, to $ 4,300.
Now, in practice, this situation is practically impossible, since it would imply a monetary modification in the country that makes the adjustment, since otherwise it would imply an unprecedented inflationary peak.
Answer: A union contract is <u>an agreement between management and labor </u>that loosely states the rules they will each try to abide by in the workplace.
Explanation: The unions can <em>participate in the management</em> of the companies and in the promotion of collective work.
They can for example ,<em>improve the members conditions </em>and income by promoting social welfare , <em>active the participation in the development </em>of companies and <em>build trust </em>and transparency in the relations of the company or employer.
Some of the features could be :
- Formal.
- The fact that subsists by itself, without the need for another convention.
- It is governed by the norms and principles of collective labor law.
- It has administrative autonomy.
For each contract t<u>he union must make a regulation</u> in the specific case. They must make a procedure for the appointment of the <em>coordinator</em> , the <em>compensation</em> that each participating member will receive for the collaboration ,s<em>ocial security </em>of participating affiliates and <em>minimum union membership time</em> the participant must have to participate .
B. The point in time at which the maximum amount of oil is being pumped from underground.
"Peak oil" refers to the measurement for the productivity and extent of extracting oil from the ground. The peak point is when the most oil is being extracted or pumped. If graphed, this would indicate the top of the crest or cycle for oil extraction for this particular site from underground.
Solving the dilemma of making infinity computers competitive. Infinity's computers produces notebook computers which are not significantly different from their competitors. The major weakness of the firm is that they have too many employees and they are only relying in just one product.
Answer:
SmartSC
The economic order quantity (EOQ) for Supplier A is:
= c) 253
Explanation:
a) Data and Calculations:
Supplier A Supplier B
Price per unit $30 $6
Annual unit demand 7,200 3,000
Annual holding cost $9 $1.80 ($6 * 30%)
Ordering cost $40
Economic order quantity for Supplier A = square root of (2 * D * S)/H
where D = Annual demand in units
S = Ordering cost per order
H = Holding cost per unit
= square root of (2 * 7,200 * $40)/$9
= square root of 64,000
= 253
