The correct answer for this question is Eighth Amendment. People who are against capital punishment argue that it violates the Eighth Amendment. Thank you for posting your question. I hope this answer helped you. Let me know if you need more help.
Answer:
Laziness
Explanation:
Strategic planning refers to the process of clearly defining the future plan where the company is headed along with specific list of actions, resources allocation, and budgeting that the company need to do to get there.
Strategic planning will most likely be good for every company, but it does not necessarily needed for the company to profit. Often times, the scope of operation was too small for strategic planning to be necessary. (For example, many small restaurants or other forms of small private owned businesses can generate a profit without having to make strategic planning). Laziness is not a valid reason why some of them chose not to do it.
Efficiency wages may cause a <u>surplus</u> of labor because they are <u>above</u> the equilibrium wage.
The efficiency wage is higher than the equilibrium wage, which might result in a labor supply.
Since the efficiency wage in question is higher than equilibrium wages, there will be a labor surplus since more individuals will be eager to work as a result of the wage rise. Due to the fact that supply is more than demand, this will result in a rise in supply and an excess of labor.
There is a labor surplus in the sense that a sizeable segment of the work force produces less than it consumes and its marginal product is below the wage agreed upon via negotiation.
To learn more about equilibrium wages
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