Marginal productivity theory assumes that a worker’s income is a function of the contribution of that worker to the value of the output. in business, this is called the "value-added" approach.
There is a correct theory called marginal productivity theory. Wages are paid at a level equal to the marginal revenue product of labor, the MRP (value of the marginal product of labor). MRP is the increase in income caused by the increase in output produced by the last employed worker.
The marginal productivity theory of income distribution proposes that each individual should receive income based on their contribution to total output. The marginal productivity theory of income distribution has been criticized for the following reasons. Income from inheritance is inconsistent with the theory.
Learn more about Marginal revenue here: brainly.com/question/13617399
#SPJ4
Answer:
no ❤️️
Explanation:
No❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️ ❤️️
Answer:
first find a business idea and make a plan (logo, name, what item ur selling..etc.)
Answer:
The correct answer is d. enriched.
Explanation:
The enrichment of tasks is a system that seeks to redesign jobs, increasing motivation and job satisfaction among workers. Therefore, the main objectives of the enrichment of the tasks are:
-
Increase the effectiveness of work organization.
- Provide jobs that are stimulating for the person.
The advantages achieved by implementing this system in the organization of the company are:
-
Feeling of satisfaction and motivation among workers: it breaks with the monotony and / or repetitiveness of the work.
- Workers are given a greater capacity for autonomy and responsibility in the tasks they carry out: as responsibility increases, workers may be encouraged to participate more frequently in decision-making, as well as in the solution of technical or organizational problems (proposals and suggestions).
- Better use of workers' capacities: with the new distribution of tasks, synergies may arise during collaboration between departments or even within the same.
- Improvement of personal relationships at work: greater collaboration during the performance of different tasks leads to increased communication and dialogue among all, thus achieving a better working environment.
- Greater involvement of workers: it is necessary that individuals know their role within the organization, the importance of the task they perform, as well as the results of it.
- Simplification of company structures: by redesigning jobs and their functions, a simplification of the organizational pyramid is achieved, resulting in a horizontal structure or flat organization. This allows workers to make their own decisions that report to a single manager, there is no intermediate link that limits the innovative capacity of the worker.
Answer:
c. II and IV are governmental; I and III are not.
Explanation:
A government agency is usually a permanent organization established by either a state or national government in a federal system. They are established by legislative or executive powers for oversight and administration of specific functions. Examples of government agencies are Food and Drugs Administration (FDA), Consumer Product Safety Commission, Intelligence, Finance and Communications agency.
Non-governmental agency usually referred to as NGOs is a non-profit.
Of the four consumer protection groups listed above, Consumer Product Safety Commission and Food and Drug Administration are governmental; Better Business Bureau and Consumers Union are not.