<span>If
a competitive firm can sell a ton of steel for $500 a ton and it has an average
variable cost of $400 a ton, and the marginal cost is $600 a ton, the firm
should reduce its output. The reason for the reduction of output is the
marginal cost it will have. The marginal cost exceeds the selling price of the
product which is a bad sign for the company.</span>
Answer:
by identifying the differences and developing employee's skills in conflict resolution
Explanation:
Human Resource Management is the key area for success of any organization. This is basically because managing any office is easy with good personnel employed.
Thus, training in employees on the Human Resource level, might help in overcoming any kind of conflict faced by such employees, of each of the companies.
HR personnel are responsible for satisfaction among employees, for this they have to agree on certain policies of giving compensation, appraisals and rewards. Thus, both the companies HR personnel shall involve themselves in developing the skills in employees for resolution of conflict.
Answer:
Scientific management
Explanation:
Scientific management was developed by Frederic Taylor, and its main principles were:
- Study work tasks in order to understand them using time/motion studies.
- Scientifically select and train workers.
- Instructions provided by managers must be very specific and they should be based on improving tasks using the results of time/motion studies.
- Managers are responsible for planning, workers are responsible for performing tasks.
FICA is a payroll deductions that is required by law. Correct answer:C FICA is an acronym for "Federal Insurance Contributions Act." and denotes the money you pay in taxes is not held in a personal account for you to use when you get benefits.
The Federal Insurance Contributions Act (FICA) is a U.S. law .
The Federal Sentencing Guidelines for Organizations focuses on firms taking action to prevent and detect business misconduct in cooperation with government regulation.
These guidelines help back up a company when someone within isn't acting appropriately. These help lay out ground rules for organizations to follow when taking action, legally.
