<u>Answer</u>:
Since the mid 1970s, the United States had a significant trade deficit.
<u>Explanation</u>:
The U.S had undergone a trade deficit since the 1970s. This has been contributed to the fact that they have been importing way more supplies and goods than the other countries were buying from the Americans. These imports have affected the native industries. Also, the demand for American products went down drastically and thus contributing to the deficit.
While Europe and Great Britain undertook industrialization in the 18th century, Americans started it in the 19th century-this delay resulted in the US depending upon imported goods and also in US struggling to meet Europe's levels of export.
<span>a person who buys and sells commodities for profit; dealer; trader.</span>
Answer:
You would be going North East if traveling from Spain to France.
The critical explanation of the change in Smith's behavior is that he was not renumerated for his efforts at performing higher level tasks and he became disgruntled and disillusioned with work.
The action I would have taken if I was Smith's immediate boss would be to give him a formal warning and pay his acting allowance fees without delay.
<h3>What is Job Satisfaction?</h3>
This refers to the situation where a worker is happy at his job and is willing to give his maximum input to the job.
Therefore, there can be a recurrence of such cases if the motivational climate of the organization is not improved as workers would feel less valued.
The steps I would take as Chief Executive of the company to solve the problem are:
- I would have an open-door policy for staff to come directly to give complaints, or ideas
- I would ensure that workers are not overloaded with work, no matter how eager they might seem.
Questions:
- a) Critically explain the change in Smith's behavior.
- b) What would you have done if you were his immediate boss?
- c) Do you feel that the recurrence of such cases can be avoided by improving the motivational climate of the organization?
- d) What steps would you initiate as Chief Executive of the company to solve the problem?
Read more about job satisfaction here:
brainly.com/question/10735969
#SPJ1
