Human Resource Management deals with issues related to compensation, performance management, organisation development, safety, wellness, benefits, employee motivation, training and others. HRM plays a strategic role in managing people and the workplace culture and environment.
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Answer:
<u>Supply chain management.</u>
Explanation:
Supply chain management is characterized as an organizational process whose main objectives are to establish control, management and integration of all elements of a supply chain, services, finances and information within a chain with diverse participants as a factory. , suppliers and end customers. In addition to providing optimization and integration techniques between inventory, transportation and cost.
The benefits of managing an appropriate and targeted organization-wide supply chain are reducing costs throughout the entire supply chain, as well as providing the right customer service at the right time, at the right price, at the right amount, to perform a higher quality service.
Answer:
Janet will receive=$30,000
Explanation:
According to the information of the exercise, consider the following calculations.
<em>Step 1.</em> Total net assets realized=(60,000+50,000)=$110,000
<em>Step 2.</em> Less : liabilities paid=$80,000
<em>Step 3.</em> Remaining balance=$30000
Hence Janet will receive=$30,000
Answer: A - nominal wages are slow to adjust to changing economic conditions
Explanation:
In the short run, the costs of many of the factors used in the production process are fixed. For example labours wage is fixed for a number of years because of labour contracts. Also the raw materials used in the production process have long term agreements that fix their prices.
As a result of factors of production been fixed in the short run, when general price level rises and the cost of production remains constant, profit also rises.
Firms take advantage of this rise in price and increase production and the quantity of aggregate supply increases. This is why the short run aggregate supply curve is upward sloping.