Answer:
1. Reduced cycle time: reduced process time in different areas.
2. Increased visibility: real-time status or availability of any process or product.
3. Increased efficiency: faster execution of each process.
4. Better quality: high quality standards of products and processes.
Explanation:
In this scenario, Sheila and her team were able to successfully implement an IS in a hospitality organization; increased visibility, increased efficiency, better quality and reduced cycle time.
The characteristics of a high-performance work system approach to HRM are-
- Focuses on collective levels of human and social capital
- Enhances the performance of all employees systematically
- Improves employee motivation and opportunities
Among the trends that are occurring in today's high-performance work systems are reliance on knowledge workers, empowerment of employees to make decisions, and the use of teamwork.
A high-performance work system is a bundle of HRM practices designed to promote employees' skills, motivation and involvement to enable a firm to gain a sustainable competitive advantage (Datta et al., 2005; Guthrie, 2001; Huselid, 1995), which includes employment security, extensive training, teams and decentralized
The phrase 'high-performance human resources' (HPHR) is generally taken to refer to human resource management (HRM) practices that have positive effects on the performance of an enterprise, typically a business enterprise.
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Personal finance depends on your behavior because you are the manager of your financial resources, so it is necessary to carry out personal planning of your finances.
Personal financial behavior can be measured by six dimensions, which are:
- Emergency funds
- Indebtedness level
- Savings rates
- Asset diversification
- Retirement Preparation
- Wealth distribution
Personal finances are directly impacted by our behaviors and decisions. Some of these behaviors are subconscious and difficult to identify, but they should be analyzed in case they negatively influence your finances.
Therefore, financial planning is essential to use your financial resources consciously and in accordance with your goals.
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Answer:
A. Enter one of your purchase goals.
Goal: I will buy a laptop after I graduate high school to start writing books.
B. How much does this cost?
Cost: $999.00
C. How much money do you currently have saved?
Money currently saved: $270.00
D. How much more do you need to reach you goal?
Money needed to reach goal: $730.00
E. List some steps you can take this year to help you save toward this goal.
After I graduate from high school I would get a job to start saving money.
F. List some steps you can take next year to save toward this goal.
Next year I will deposit $50 per month into my savings account to reach my goal.
Explanation:
Answer:
1. The government could not finance it's deficit budget.
2. The Dollar was stable and Through dollar adoption, interest rate would be lowered and investments would increase.
Explanation:
The colon was changed to dollars because El Salvador wanted a boost in it's economy through the US Dollar.
Printing money to finance deficit would no longer be done by the government and inflation would be brought under control. Because of the adoption El Salvador has no control over it's monetary policy.
the government would still be able to run deficits by printing money
with dollars, shocks caused by demand in the economy will be offset more effectively by using monetary policy.
By printing U.S. dollars, the government would still be able to finance deficits.
