The most common method used for training non-managerial employees is on the job training (OJT).
On-the-job training (OJT) is a hands-on approach to acquiring new competencies and skills required for work in a real work environment.
Often used to learn how to use a particular tool or equipment in a real work practice, simulation, or training environment.
Instead of showing employees presentations and handing out worksheets, employees learn about the job by doing it. This training takes place in the workplace under the direction of a supervisor, manager or other competent employee.
As part of the introduction phase, new employees will have a close look at all future work processes. They learn what to expect in the workplace, how to operate equipment, and other skills necessary to succeed on the job.
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Answer:
it is one no ans the government
Answer:
$8000
Explanation:
They have to pay $8,000 as an implicit costs.
The implicit expenditure is the advantage of the right to use the personal resources of a company that is not listed as actual, distinct expenditures.
Computation of Implicit cost for the Boston Batting Cage :
Implicit cost = Labor + maintenance + electricity
= $5,000 + $2,000 + $1,000
= $,8000
Answer: reduce output.
Explanation:
In a competitive market, firms do not have control over the price that they sell their goods in the market but they do have control over their costs. It is recommended to produce/ sell goods at a quantity where Marginal Revenue will equal Marginal cost (MR = MC).
In a Competitive Market, Price is the same as Marginal revenue which means that Marginal revenue here is $25 and the Marginal Cost is $26. At this quantity of output, the Marginal Cost is larger than the Marginal revenue.
Company should therefore reduce output to a quantity where Marginal Cost will equal Marginal revenue.
Answer:
The correct answer is: Brazil.
Explanation:
Goldman Sachs coins in 2001 the term BRIC to refer to those major economies that were likely the most influential of the 21st century. BRIC is an acronym that joins the initial for the countries of Brazil, Russia, India and, China. Out of the four, Brazil's Odebrecht-Petrobras case has been spread all over the world as one of the biggest corruption cases known in economic history, where governmental representatives and even president <em>Luis Inacio Lula da Silva was involved</em>. Besides, the uneven distribution of wealth in Brazil is an ongoing problem that has been affecting its population for decades.
