Answer:
Theory Y
Explanation:
In theory Y, managers have a positive and optimistic view of their employees. They assume employees are happy to work and that workers are motivated by attaining objectives. In theory Y, employees can work towards organizational goals through self- direction and self-control.
Theory Y assumptions allow employees to participate in solving organization problems. The managers consider employees are creative, imaginative and innovative people. In theory Y, managers adopt a consultative style of management.
Answer:
The two methods used to forecasting labor demand and supply are: Statistical Method and Judgmental Method.
The Statistical method collects previous historic data regarding company's demand and supply for qualified employees and provides forecasting for the particular period. It is feasible when other factors remain same in the organisation. It is not feasible when the organisation changes its objectives, mission and vision etc
<u>Cost and Benefit</u>
It prevents future shortage of qualified employees
It avoids disruption over operation
The Judgmental method is when the company follow judgmental method, that is it is based on manager's experience of conducting survey to estimate employees requirements on future operation.
It is feasible for small and medium size organisation for short term forecast. It
<u>Cost and Benefit</u>
It avoids short-run shortage of employees
It avoids short-run surplus of employees.
<u>Answer:</u> Option B The purchasing power of your salary increased between 2009 and 2018.
<u>Explanation:</u>
CPI is the acronym for Consumer Price Index. CPI measures the average change in price of the consumer products and services. This can also be called as inflation. The price level that prevails in the economy can be measured and also the purchasing power of the individuals can also be determined.
As in this case the CPI has increased denoting the inflation in the economy. The purchasing power has also increased due to the rise in the salary from 2009 to 2018.
Answer:
b. The computation of the payback period is the project's initial investment divided by the present value of its net cash flows.
Explanation:
Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows
Payback period = Amount invested / cash flow
Discounted payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative discounted cash flows
payback period decreases as cost of capital increases
A payback period of 35 means a company will recover the amount invested in a project in 35 years
Answer:
Neoclassical Zone
Explanation:
In the Neoclassical Zone, the equilibrium level of real GDP is at or near the potential GDP. This results in a low cyclical unemployment.
