Answer:
Hire temporary employees to work on specific projects.
Explanation:
Human resource management is the process by which a business effectively manages its manpower needs to meet its organisational goals at a reduced cost to the business.
It involves the various strategies used to hire employees to meet business needs in a cost-effective way.
The construction division has a highly seasonal workload, with fewer projects in the winter than in the summer. Also, different expertise is needed for different kinds of buildings. So hiring a permanent workforce is counterproductive as they will be paid when there is no work to be done. The best strategy is to hire temporary workers. Also there is need for specialised staff to work on specific projects.
Explain the effects of each of the following factors on the market price and quantity of cell phones available in the market:
An increase in consumers’ income = if there is an increase in consumers income, there may be a decrease in the cell phones available for purchase because more people would have money to purchase phones. If more people are willing and able to purchase phones, the market price may increase on the device.
Technical improvements that reduce production costs = If production costs of the devices go down, the market price may decrease making the phones more affordable. If phones become more affordable and decrease in price, the quantity sold may rise to reflect the change.
A sharp decline in the cost of making fixed-line calls = if the cost of making fixed-line calls decreases, there may not be any change to the market price of phones however their may be an increase in quantity sold.
Answer:
See explanation Section
Explanation:
See the image to get the appropriate answer.
Answer:
Ans. The average annual rate of return over the four years is 2.792%
Explanation:
Hi, first let´s introduce the formula to use
![r(Average)=\sqrt[n]{(1+r(1))*(1+r(2))*(1+r(3))+...(1+r(n))}-1](https://tex.z-dn.net/?f=r%28Average%29%3D%5Csqrt%5Bn%5D%7B%281%2Br%281%29%29%2A%281%2Br%282%29%29%2A%281%2Br%283%29%29%2B...%281%2Br%28n%29%29%7D-1)
Where:
r(1),(2),(3)...n are the returns in each period of time
n =number of returns to average (in our case, n=4).
With that in mind, let´s find the average annual return over this four years.
![r(Average)=\sqrt[4]{(1+0.025)*(1+0.025)*(1+0.12)+(1-0.07))} -1=0.022792](https://tex.z-dn.net/?f=r%28Average%29%3D%5Csqrt%5B4%5D%7B%281%2B0.025%29%2A%281%2B0.025%29%2A%281%2B0.12%29%2B%281-0.07%29%29%7D%20-1%3D0.022792)
Therefore, the average annual return of this invesment in 4 years is 2.2792%
Best of luck.
To show that you have experience in the working field like if you're working in construction, masonry, carpentry, ect. But you want to be a brick welder and your employer will look at your job history and see the experience in the jobs that you worked for in the previous years and he would have a higher percentage of hiring you because of your experience.
