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Aliun [14]
3 years ago
13

What is the support value activity that provides employees with training, hiring, and compensation?

Business
1 answer:
Anna71 [15]3 years ago
3 0
<h2>Human Resource Management (HRM)</h2>

Human resource management are the support activity that provides employees with training, hiring and compensation.

Explanation:

HRM in training: Training & Development department comes under HRM. This is responsible

  • to identify the training needs,
  • to look out for skill gaps in employees performance
  • to find future needs and then prepare a training calendar and implement those to uplift the organization need.

HRM in hiring: Recruitment team is responsible for

  • obtaining requirement from the concern department head
  • sourcing the job portal
  • identifying the right candidate
  • complete the interview process
  • hire and hand hold till they enter into their team

HRM in compensation:

  • Plays vital role during appraisal and also during recruitment especially in negotiation
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Answer:

Franchising.

Explanation:

Franchise is a license consisting of a contractual arrangement between a parent company (franchiser or franchisor) and another (franchisee), that allows individuals or an organization access to its knowledge, processes, trademarks in order to provide a service.

One of the main advantages of a franchise is that, franchisers such as Starbucks do not require additional capital and development expenses to have their businesses being situated in a foreign market or country, as they only required to issue licenses to franchisors who are interested in being part of their business by paying a fee. For instance, Starbucks could give the authority to an individual or group of people which would enable them to do the same business in another geographical location.

Hence, this type of relationship best describes franchising because Starbucks worked with local operators while collecting initial setup fees and then royalties on store revenues generated by the franchisees as it entered other Asian countries.

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3 years ago
Four degrees of competition
Neko [114]

Answer:

There are four types of competition in a free market system:

  1. perfect competition
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  3. oligopoly
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Under monopolistic competition, many sellers offer differentiated products—products that differ slightly but serve similar purposes.

Hope this helps :)

4 0
4 years ago
Companies like my​ gym, which seek to do business in new markets for manufacturing​ and/or marketing​ purposes, have many potent
Afina-wow [57]

Companies like my​ gym, which seek to do business in new markets for manufacturing​ and/or marketing​ purposes, have many potential​ Entry modes at their disposal.

<h3>What is marketing​ ?</h3>

Marketing is the process of discovering, developing, and delivering value in the form of goods and services to fulfill the needs of a target market; it may also include the selection of a target audience.

Brand marketing is a method of promoting your product or service by promoting your entire brand. Essentially, it conveys the tale of your service or product by stressing your entire brand.

Distribution, finance, market research, pricing, product and service management, promotion, and selling are the seven functions of marketing in the marketing sector.

Properly studied and targeted marketing will bring in new and recurring customers.

Current and previous consumers' feedback might help identify areas for development.

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2 years ago
lilliput is a country that has closed borders and does not import or export any goods or services; hence, they do not worry abou
zhannawk [14.2K]

-0.01 billion is lilliput's  a budget deficit. Total expenditure minus total receipts is the fiscal deficit (excluding borrowings). Revenue outlays plus capital outlays are equal to the revenue inflows plus capital inflows minus borrowings.

Despite being primarily utilised by governments, this has a wide range of applications for both people and companies. A government has a budget deficit when it spends more in a given inflows than it brings in the through taxes, for example. As a straightforward illustration, consider a government that receives $10 billion in revenue one year but spends $12 billion, creating a $2 billion budget deficit.

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7 0
1 year ago
Suppose that technological advancements stimulate $20 billion in additional investment spending. If the MPC = 0.6, how much will
grin007 [14]

Answer:

option (D) $50 billion.

Explanation:

Data provided in the question:

Additional investment spending = $20 billion

MPC = 0.6

Now,

Increase in aggregate demand = [1 ÷ (1 - mpc) ] × Investment

or

Increase in aggregate demand =  [1 ÷ (1 - 0.4) ] ×  $20 billion

or

Increase in aggregate demand = (1 ÷ 0.4) × $20 billion

or

Increase in aggregate demand = 2.5 × $20 billion

or

Increase in aggregate demand = $50 billion

Hence.

the correct answer is option (D) $50 billion.

5 0
3 years ago
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