If labor in Mexico is less productive than labor in the united states in all areas of production then both Mexico and us still can benefit from trade.
Labor is the amount of physical, mental and social effort spent to produce goods and services in the economy. We provide the know-how, human resources, and services necessary to turn raw materials into finished products and services.
A business that requires more people and fewer machines is known as a labor-intensive business. The beauty, home construction, education and fashion industries are examples of labor-intensive industries.
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Answer: Bonus pay plan of individual-level performance-based pay
Explanation:
In this scenario, an extrinsic reward used here is the bonus pay plan. An extrinsic reward simply means a reward that is being given to the employee of a particular company after a particular thing has been achieved.
Here, a bonus pay plan of individual-level performance-based pay is being used. A bonus is given to the employee for meeting a particular requirements. Bonus are calculated base on either the percentage of ones wages or salaries or by using a flat rate.
Answer:
▫️Increased savings. • Fewer injuries. • More productive and sustainable employees. ...
▫️Fewer employees experiencing pain. • Implementing ergonomic improvements can reduce the risk factors that lead to discomfort.
▫️Increased productivity. • ...
▫️Increased morale. • ...
▫️Reduced absenteeism. •
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Answer:
$4,250
Explanation:
The computation of the operating income or EBIT is shown below:
Earning before interest and taxes = Sales reported - operating cost other than depreciation - depreciation expense
= $12,500 - $7,250 - $1,000
= $4,250
We simply deduct the operating cost and the depreciation expense from the sales reported to arrive the earning before interest and taxes
All other information which is given in the question is not relevant. hence, ignored it
Answer: Sustainability
Explanation: Sustainability simply means continual existence regardless of domain or pillar. It explains the maintenance of economic, social and environmental resources to meet the demand and needs of the present industry or generation without jeopardizing or compromising the needs of future generation. The concept of sustainability looks beyond the present, it focuses on harmonizing the needs of present and future generation by encouraging decisions and policies that focuses beyond the present, rather considering the effects of present policies in decades to come. Common sustainability goals include reduction of carbon emission, shift to the use of renewable energy resources such as wind, hydro and solar, All in a bid to maintain a healthy ecosystem for present and more importantly future generation.