The answer to your question is D never
Answer:
Quantitative
Explanation:
The reason is that a good research report includes qualitative and quantitative research. Qualitative research is non numerical data and it give information which helps in meaning making whereas the quantitative research is a research in which the researcher tries to find the numerical relation using quantifiable data, which is investigated through number of means which includes use of mathematics, principles, etc techniques to extract data. So the qualitative research is done here and the only thing the company requires is quantitative data.
Answer:
The correct answer is letter "B": False.
Explanation:
Scientific Management also called Taylorism after American economist and father of this theory Frederick Winslow Taylor (1856-1915), looks for increasing companies' efficiency by improving labor productivity and understanding the psychology of workers.
That will be achieved by <em>hiring the correct workers for a job, monitoring their performance and providing training, and dividing the work between management and workers correctly so managers can take care of handling the business operations while employees of executing those operations.</em>
Answer: The correct answer is "b.the regulated price that achieves allocative efficiency is also likely to result in losses.".
Explanation: A dilemma of regulation is that the regulated price that achieves allocative efficiency is also likely to result in losses because the regulated price results in a dilemma because it can result in losses regardless of achieving the efficient allocation.
Answer:
Mary could increase the wages of the workers above the market rate.
Explanation:
The efficiency wage theory aims at ensuring high productivity level in a company by increasing the wages of it's employees above the market rate. It has been proved that an increase in wages transfer directly to the productivity levels of the employees. This is due to a number of reasons as show;
1. Fear of losing jobs: if Mary increases the wages of her employees above the average market rate, the employees will feel that they need to retain their job since the financial benefits they get from Mary's company is better than other companies. This improves increases their motivation to be productive, since the other alternatives are not so attractive.
2. Loyalty: an increase in the wages of employees make them feel appreciated and might want to work harder as opposed to feeling exploited in a company that pays them considerably less wages.
3. Lower costs of supervision: it has been proved that increasing the wages of employees makes them have a sense of responsibility since they feel like appreciated. The employees in such a case will need minimal supervision to carry out their duties.
4. Attract higher quality labor: a company that pays higher than the market rate will more often than note attract high quality labor as a show of gratitude for the wages.
