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3 years ago

4. Labour Institutions Act(10MKS)

Business

1 answer:

lord [1]3 years ago

4 0

Answer:

Reduce discrimination.
Reduce exploitation.
Reduce inequality/ poverty.
Increase productivity.
Economic growth.

Explanation:

It is necessary for the government to regulate wages because some companies might take advantage of little regulation to get away with many unjust and unethical actions as they chase profits or due to personal bias.

Without government regulation, there would be wage disparity between races and genders so regulation reduces that. Exploitation will also be reduced because companies will not take advantage of unemployment rates to make workers overwork themselves to keep their jobs.

Regulated wages will reduce inequality in social classes as well as poverty rates as people will be paid closer to what they deserve.

Regulated wages will also lead to improved productivity as people will be more encouraged when they are working knowing they are getting paid appropriately so they will work harder.

With people being paid appropriately, they will be able to afford more goods and invest more savings which will lead to growth in the economy.

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A project manager is faced with the following activities and times associated with a building construction for a cancer research

iogann1982 [59]

Answer:

$12000 ( A )

Explanation:

Calculate The minimum cost to crash this project by 2 weeks

To get the minimum cost to crash this project in 2 weeks we have to first look to crash the activity on the critical path that has the lowest cost of crashing from the first week

critical path: A-B-D-F-G = 25 weeks

After crashing Activity B by 1 week both paths become critical paths hence we need to crash activity C and D by 1 week each so that the paths can crash simultaneously within 2 weeks

therefore the overall crash cost for 2 weeks will be

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3 years ago

The formula for maximum demand deposit creation is ______ multiplied by the monetary multiplier.

Likurg_2 [28]

The formula for maximum demand deposit creation is excess reserves. multiplied by the monetary multiplier.

A demand deposit is what?

A demand deposit is money deposited into a bank account with funds that can be withdrawn on-demand at any moment. Demand deposit money is often used by the depositor to cover daily expenses. The bank or financial institution may offer a minimal or no interest rate on the deposit for monies in the account.

Demand Payment

A person may only withdraw a set amount every day or a maximum amount equal to their account balance. Money in a checking or savings account would be typical examples of demand deposits. Demand deposits differ from term deposits in this regard. Term depositors must wait a specific amount of time before making any withdrawals.

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2 years ago

2. Some companies have eliminated the collection and reporting of detailed analysis on direct labor costs broken down by various

kherson [118]

Answer:

The description would be presented downwards and as per the circumstance presented.

Explanation:

Instead of assigning resources associated with a specific frequency, activity based costs which always track costs on the basis seem to be an essential component of cost accounting because that would be a more effective means for providing resources.
The costs when implementing some activity based accounting systems, furthermore, are even less than the potential advantages of moving towards this framework only then would it have been simpler as well as productive for the growing company ABC.
Throughout the case situation, the claim whether direct labor constitutes a member of a minority fraction of the overall wages should not be an excellent explanation for either not apportioning production wages contingent on the operation, but if the organization determines that the expense of someone using ABC to assign labor profitability of different practices is greater than advantages, the organization increasing turn to something like an optimization model for that frequency.

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Jonathan prefers shirts made with 100 percent cotton, but he will sometimes buy shirts with less cotton if they are less expensi

Inessa05 [86]

The answer to this question is the term Compensatory decision rule. The Compensatory decision rule is the ability of a person / consumer to choose and pick what brand and quality of a product the person wanted to purchase or buy. When a certain product is below the preferred quality of the consumer this item will be eliminated.

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