Brain drain is very popular practice is third world countries. because in third world countries employees are under paid, that is why they go to other countries to work because they can earn more. so if country can have an economic growth, fewer people will go out from the country because they will have a satisfying income
Explanation:
The formation of groups of individuals is natural in any environment. In the organizational environment, groups can be formed according to social needs or achievement of organizational objectives and goals. People create groups so that they can interact with each other, exchange experiences, talk, work together and form social bonds.
<u>Formal groups</u> are those created by an authority whose objective is to integrate activities to achieve goals.
<u>Informal groups</u> are those formed by the people themselves, according to affinities, and attitudes.
Informal groups should be analyzed by managers more carefully, as the form of relationship between participants in an informal group can directly impact performance and organizational culture. Therefore, it is necessary that the manager helps the groups to develop social circles, which are necessary for motivation at work and a healthy organizational environment, but that present rules of conduct regarding ethics and behavior in the workplace.
Answer: (1) 120,675
(2) 60,450
Explanation:
(1) Nominal GDP, year 2 ($) = Sum of (Year 2 price × Year 2 quantity)
= 150 × 4.50 + 1,200 × 100
= 675 + 120,000
= 120,675
(2) Real GDP, year 2 ($) = Sum of (Year 1 price x Year 2 quantity)
= 3 × 150 + 50 × 1200
= 450 + 60,000
= 60,450
Answer:
a) 20,000
Explanation:
F = 4P + 2C, where P is pounds of plastic and C is pounds of clay. Plastic costs $2 per pound and clay costs $5 per pound.
4P + 2C = 60000 units
Now suppose only plastic is used.
so C=0 and we get 4 P = 40000
i.e P = 10000 pounds of plastic to produce 40000 figurine...
COST = 2 P + 5 C
In this case, its only 2 P
i.e 2 x 10000 = $20000
Now suppose only clay is used.
so P=0 and we get 2 C = 40000
i.e C = 20000 pounds of clay to produce 40000 figurine...
COST = 2 P + 5 C
In this case, its only 5 C
i.e 5 x 20000 = $100000
Hence least cost is $20,000 by using only clay to produce 40,000 figurines
Answer:
<u>Compromise</u>
Explanation:
Two teams in a company have a conflict over which team will work on a lucrative project . Both teams want to work on the project. Eventually, they decide to work together on the project and share the credit for its completion . In the given scenario ,<em> compromise</em> method is used to resolve the conflict.
We know that compromise is a way by which we can settle any conflict it just depend upon the person. It helps in settling differences among the two person or group of individuals.
While compromising we should always listen the words of both the parties and try to understand their saying. And try to come up with some ways , which can be used by both parties. It helps in making a balance between the parties.