Answer:
The critical analysis of temporary staff hiring & firing, depending on demand is given below :
Explanation:
Hiring & firing personnel, during periods of peak demand & periods of lower demand respectively - can have many undermentioned advantages & disadvantages :
Advantages :
- Fulfilment of consumer's demand in high demand periods.
- Cost saving during low demand periods
- Highly suitable for seasonal industries, with highly fluctuating demand.
- Temporary staff is cheaper for companies, it is to be availed with less perks, social security etc
Disadvantages :
- Incurring high temporary recruitment cost again & again
- Consistency & Quality of product or service might be compromised, as the labour indulged is fluctuating so much
- Employees might feel lack of job security & hence not associate belongingness with their job, company. It can reduce their incentive to work hard towards organisation objectives
- Prospective employees & hiring intermediaries might build a bad image of the company as an employer. It might create staff finding difficulties, when needed later.
Answer:
Advertise guppy gums and raskels
Explanation:
Cross price elasticity is used the determine the relationship between two goods. Quantity of compliments increases together, while with subsititutes increase in one results in reduction of the other.
Cross elasticity of guppy gums and raskels= -5/4= -1.25
Negative cross elasticity means the products are complimentary. When price of guppies goes up its demand will reduce, demand of raskels will also reduce
Cross elasticity of guppy gums and kipples= -5/-6= 0.8333
When cross elasticity is positive, the goods are substitutes. As price of guppies goes up its demand goes down, and demand for kipples goes up.
So we will decide to market compliments together because increase in demand for one leads to increase in demand for the other.
We will go with guppy gums and raskels
Of course it is it would be bad if something went wrong and the borrower had to repay it.
True, rationing is the selling of scarce goods or services in events such as war. Items are distributed in fairness to each citizen and they have to take a ration book to say what they have or haven't had and how much of it they have had.