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labwork [276]
3 years ago
12

Your consulting division is finding that competition for experienced business consultants who earn clients’ trust is intense. Fu

rthermore, once a good consultant is hired, it is important to retain that person so they don’t go elsewhere—taking their clients with them. What would be the most appropriate HRM approach?
Business
2 answers:
vladimir1956 [14]3 years ago
7 0

Answer:

Discover what sort of workplace and advantages experts most esteem and become notable for giving these things  

Thus, the association needs to comprehend the significance of giving a workplace that is powerful and favored by the advisers with the goal that they adhere to equivalent as per the accommodation.

poizon [28]3 years ago
6 0

Answer:

The correct answer is the most appropriate is becoming well-known for providing what consultants want in a workplace.

Explanation:

By qualifying the company as an employer of choice, the managers of this division will be able to recruit, select and retain the most capable and qualified talent. Providing wages and benefits that match what competitors offer would not give the division any competitive advantage to attract and retain talent. Hiring with short-term employees would actually undermine the consultant-client relationships that are important to profitability.

You might be interested in
How and why do economic actors analyze opportunity costs to determine which goods or services they should specialize in?
vovikov84 [41]

A model used to illustrate the trade-offs related to splitting resources between the production of two items is called the Production Possibilities Curve (PPC).

<h3>How do economic actors calculate costs to specialize products?</h3>

The PPC is a useful tool for demonstrating the ideas of scarcity, opportunity cost, efficiency, and economic development and contraction.

Exchange possibilities that lead to consumption opportunities outside of the PPC are the consequence of production specialization based on comparative advantage rather than an absolute advantage.

In contrast to what would have been achievable domestically, trade between two agents or countries enables the countries to enjoy a higher overall output and level of consumption.

<h3 />

PPCs can be used to decide who should specialize in a certain good as well as opportunity costs and comparative advantages.

A nation or individual will be able to consume at a point beyond its PPC through specialization and commerce, assuming the terms of trade are advantageous (for example, offering each agent a cheaper opportunity cost than could be accomplished without trade).

Check out the link below to learn more about opportunity costs;

brainly.com/question/17410093

#SPJ1

3 0
2 years ago
On January 1, 2021, White Water issues $570,000 of 7% bonds, due in 10 years, with interest payable annually on December 31 each
monitta

Answer:

White Water

1. Schedule

Date            Cash Paid     Interest Expense   Increase in Carrying value  FV

01/01/2021 0                                                                           $570,000.00

12/31/2021    $39,900.0       $39,900.00     0                       $570,000.00

12/31/2022  $39,900.0       $39,900.00     0                       $570,000.00

2. January 1, 2021:

Debit Cash $570,000

Credit 7% Bonds Payable $570,000

To record the issue of bonds for cash.

December 31, 2021:

Debit Interest Expense $39,900

Credit Cash $39,900

To record the first interest payment.

December 31, 2022:

Debit Interest Expense $39,900

Credit Cash $39,900

To record the second interest payment.

Explanation:

a) Data and Calculations:

Face value of 7% bonds = $570,000

Proceeds from the bond issue = $570,000

No premiums, no discounts on bonds.

Coupon interest rate = 7%

Market interest rate = 7%

6 0
2 years ago
The normal-form game box below outlines a generic game for two players to illustrate basic principles. Each player has two strat
tatiyna

Answer:

1. c) b>d

d) c>g

2. No dominant strategy equilibrium is also a Nash equilibrium.

Explanation:

Payoff matrix are  used in business as it represent the possible outcomes of the decisions made. In the given scenario player 1 and player 2 have different outcomes based on the game matrix. The player 1 will get best possible payoff when he falls in Top Left matrix. This is dominant strategy which must be Nash equilibrium.

5 0
2 years ago
GNP measures:Select one:a. the same things as GDP, but also includes financial assets.b. production by U.S. citizens wherever th
SCORPION-xisa [38]

Answer:

The correct answer is letter "B": production by U.S. citizens wherever they work in the world.

Explanation:

Gross National Product or GNP is one of a range of indicators economists use to calculate the economic output of a country. GNP is the market value of all goods and services produced by a country's citizens for one year, whether those goods were manufactured inside the country or produced elsewhere.

8 0
3 years ago
Previn Brothers Inc. purchased land at a price of $26300. Closing costs were $1300. An old building was removed at a cost of $10
Aloiza [94]

Answer:

$38,000

Explanation:

The computation of the cost of the land is shown below:

= Purchase price of land + closing cost + removal cost of an old building

= $26,300 + $1,300 + $10,400

= $38,000

In order to find out the cost of the land, we simply added the purchase value of land, its closing cost and the removal cost of an old building

3 0
2 years ago
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