Answer: The company lack a good labour- management relationship
Explanation:
Training can be defined as the effort made on the part of management to provide their employees with the basic skills needed to enable their employees becomes a better workers on the job for which the organization had employed them to do in the organization. A worker that is properly trained at all levels in the organization is important to the organization for the continued success and survival of the organization. So that the organization can meet the challenge of business and technological change.it is equally important to the individual workers from the point of view of job satisfaction and increased in their earnings. However, training programme must be developed to follow the following steps
(a) identify the areas of training need
(b) Plan training programmes based on forecast of present and future need.
(c) Implement training programmes in the most appropriate manner.
(d) Review and evaluate the success of the training programmes and methods of training
(e) Modify the training programmes in the light of the reports coming out of the review and evaluation process.
However, evaluation of the employees after the training programme to test the impact of the training on the employees is very important. But this does not point to the fact that the training would bring about an improvement in the performance of the employees immediately. In fact, employees requires at least three to six months after a training programme had been organized for them by the management before the management can begin to see the result of the training on the performance of the workers on their job. The reasons why the employees are sceptical about the company motives is that the company lack a good labour - management relationship. In a well planned training programme employees would show their interest and enthusiasm about the effort of the management aimed at training them on the job to become a better worker .
A natural monopoly can occur when the average cost of making a good decreases a lot as output increases. Hopefully the demand goes up as well!
From the calculation below, the profit-maximizing labor input is 0.0625, and the profit of the firm is 0.125.
<h3>How do we determine profit-maximizing labor input and profit?</h3>
From the question, we can obtain:
R = Revenue = Q*P = L^0.5 * 1 = L^0.5
C = Cost = w * L = 2L
P = Profit = R - C = L^0.5 - 2L
To obtain the profit-maximizing labor input, the first derivative of P is taken, equated to zero, and we solve for L as follows:
P' = 0.5L^-0.5 - 2 = 0
0.5L^-0.5 = 2
L^-0.5 = 2 / 0.5
L^-0.5 = 4
L^(-0.5/-0.5) = 4^(-1/0.5)
L = 0.0625 ----> profit-maximizing labor input
The profit (P) of the firm can now be calculated by substituting L = 0.0625 into the P function as follows:
P = 0.0625^0.5 - (2 * 0.0625) = 0.125 --------> Profit of the firm
Learn more about profit function here: brainly.com/question/16866047.
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Answer:
B. Upward distortion
Explanation:
Based on the information provided within the question it can be said that this seems to be an example of upward distortion. In the context of business, this refers to when a lower employee fails to, or is hesitant to communicate negative information to his/her superiors due to the consequences. Which is what Enrique is doing in this scenario.
Answer:
Being appreciated by people.
