Property rights are: b. The right that individuals or firms have to buy or sell their property, and the exclusive use of their property
These properties can either be owned by the government, an organization or an individual. The right to property has four properties or rights:
Good’s usage
Make money from the goods
Sell the good to others
Property rights administration
Answer:
This a "scientific management" also known as Taylorism . The main approach of this school is reduce the waste to minimal and optimize workforce. Paying an employee per production will be a taylorism approach since you only pay for the effective production and if the employee wants to earn more money, the employee will have to improve his productivity in order to produce and earn more.
Explanation:
Answer: Restructuring cost
Explanation:
Restructuring cost could be described as making expenses on rejuvenating or reviving or rebranding the company through spendings, which affects most of it's mode of operations, brings a change and innovation and ways to improve existing methods. This is capital intensive due to the work and changes required during the process.
Answer: <em>Option (A) is correct</em>
Explanation:
Here in the given case, in the context of supply change, the corporation did go wrong on part of adaptability. Adaptability is known as a feature of a process or of a system. This term has been utilized in several different discipline and organization operations. According to Gronau and Andresen, adaptability in organizational management can be referred to as ability to bring changes to oneself or something in order to fit the changes occurring.
