Answer:
C) cross-functional teams
Explanation:
Human resources management (HRM) can be defined as an art of managing, controlling and improving the number of people (employees or workers), functions, activities which are being used effectively and efficiently by an organization.
Hence, human resources managers are saddled with the responsibility of recruiting, downsizing, decruiting, managing and improving the welfare and working conditions of the employees working in an organization.
A cross-functional team can be defined as a group that comprises of employees from different functional areas within an organization.
Decruitment is the planned elimination of cross-functional teams in an organization.
This ultimately implies that, decruitment is a method adopted by human resource managers to reduce the number of various employees (workforce) working in an organization.
Similarly, downsizing refers to the planned elimination of jobs (job positions) existing in an organization.
Answer:
Porter's theory of national competitive advantage argues that the four general attributes of a nation form an environment in which local companies compete, and that these attributes contribute to or hinder the creation of competitive advantage. These attributes are: safety factor, demand conditions, related and support industries, as well as the company's strategy, structure and competence. Porter goes on to argue that companies are likely to succeed in industries where diamond (which is the four attributes) is favorable. Porter adds two factors to the list of attributes described above: randomness and public policy. The New Theory of Trade addresses a separate topic. This theory asserts that due to substantial economies of scale, global demand will only support a few companies in many industries. At the core of this argument is the concept of pioneering benefits, which are the economic and strategic benefits obtained by the first participants in the industry. It can be argued that when the attributes of a nation contribute to the production of a product, and when the manufacturers of this product experienced some "random" events that gave them a pioneering advantage, this nation's government policy should help create an advantage. national competitive in this particular area. This can be accomplished with government research and development grants, policies that favor the industry in capital markets, educational policies, creating a supportive regulatory environment, reducing taxes, and the like. Ask your students if they think this policy goes against the basic philosophy of free trade. It can be argued that this is so because government intervention creates the basis for comparative advantage. Conversely, it can be argued that if a country establishes a comparative advantage in a specific area based on a single set of attributes (such as Swiss watchmaking), global production will have a beneficial effect if this country is allowed to continue its area comparative. advantage.
Answer and Explanation:
The computation of the value of consumption spending is given below:
Value of consumption spending is
= Sells price to the cosnumers - producing price each shirt
= $10 - $8
= 2
ANd, the Total value is
= 8 × 900
= $7,200
The above formula should be applied for the same
Answer:
The correct answer is the option C: tips earned but not reported by a waitress at an upscale restaurant.
Explanation:
To begin with, the <em>Gross Domestic Product</em> or GDP comprehends in economic terms the monetary measure of the market value of all the final goods that an economy produces in a certain amount of time. Moreover, this measure is formed by different variables that are the consumption, investment, government spending and net exports. And in that scenario, all the of the cases presented will be included in the GDP of the economy except the tips that are not reported due to the fact that those earnings will figured as out of the circular flow of economy as it will represent a leak, a filtration of the system.