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earnstyle [38]
3 years ago
15

A basic finding of labor economics is that workers who have more experience in the labor force are paid more than workers who ha

ve less experience (holding constant the amount of formal education). True or False: This might be the case because people with more experience have usually had more on-the-job training. True False Some studies have also found that experience at the same job (called job tenure) has an extra positive influence on wages. Job tenure is valuable because people gain
Business
1 answer:
weqwewe [10]3 years ago
5 0

Answer:

1. A basic finding of labor economics is that workers who have more experience in the labor force are paid more than workers who have less experience (holding constant the amount of formal education). True

2. This might be the case because people with more experience have usually had more on-the-job training. True

3. Some studies have also found that experience at the same job (called job tenure) has an extra positive influence on wages. Job tenure is valuable because people gain <u>job-specific knowledge</u> that is useful to the firm.

Explanation:

A worker with more experience means more on-the-job training, this drastically increases the worker's value of the marginal product of labor.

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If you are a manager seeking to join a firm that groups managers according to their expertise and resources they use in their jo
4vir4ik [10]

Answer:

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6 0
3 years ago
Evaluate the impact that the 5 Total Quality Management (TQM) elements have on Woolworths, as a large company.​
ki77a [65]

The main impact that the 5 Total Quality Management have on Woolworths is that it helps quality assurance for customers.

<h3>What is the Total Quality Management?</h3>

This is a management system that is assert that all staff must be committed to maintaining high standards of work in every aspect of a company's operations.

The five concept of Total Quality Management includes:

  • Produce quality work the first time
  • Focus on the customer
  • Have a strategic approach to improvement
  • Improve continuously
  • Encourage mutual respect and teamwork.

Read more about Total Quality Management

<em>brainly.com/question/23443069</em>

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5 0
2 years ago
The price of a stock fluctuates between $43 and $60. If the time frame referenced encompasses the primary trend, the $43 price m
Volgvan

Answer: support level

Explanation:

The support level and the resistance levels are used by analysts for the identification of price points on a chart where a pause or reversal of the prevailing trend is being favored by the probability.

The support level occurs in a scenario whereby there'll a pause of a downtrend because of the concentration of demand. Therefore, in this case, the $43 price may be considered the support level.

7 0
3 years ago
Because the auditors of XYX Company accepted a client firm’s questionable financial statements when the infractions have occurre
OverLord2011 [107]

Answer: setting ill-conceived goals

Explanation:

3 0
3 years ago
What are two strategies for dealing with information overload?
Brilliant_brown [7]

Answer:

Letter d is correct. Filtering and withdrawal.

Explanation:

Information overload occurs when there is an excess of daily information, which is enhanced by the use of technologies whose information circulates in free demand and real time. In the organizational world, the use of information technologies has greatly facilitated work processes, data and indices have dramatically increased understanding of buying and selling behaviors, management and control, and internal and external communication. However, it is important to set limits so that there is not too much information, which instead of helping the processes, can confuse individuals, cause conflicts and even a loss of focus.

So the two strategies that best fit the control of information overload are filtering content so that you don't lose focus on what is really relevant to your daily work and withdrawal what is not relevant at the moment. By planning and managing information it is possible to establish greater control.

4 0
3 years ago
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