Parties place a considerable amount of attention on compensation plans because: Attracting exemplary employees with good compensation packets can translate into a competitive edge.
<h3>What is the importance of compensation and benefits?</h3>
Compensations and benefits are important elements of human resource management as it helps the force keep going. These compensations support the workforce inspired to achieve more. It helps the community award its employees established on their performance and allows them to excel at every venture they undertake. When employees are a part of a team their compensation should be: founded on team performance, with supplemental rewards for those workers who make outstanding personal assistance.
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THE CPU (central processing unit) is one example of a piece of hardware that would not need to be removed to install a new webcam.
Answer: elastic
Explanation:
The price elasticity of supply will be:
The percentage change in price will be:
= (1.50 - 0.50)/0.50 x 100
= 1.00/0.50 × 100
= 200
The percentage change in quantity will be:
= (4 -2)/2 x 100
= 2/2 × 100
= 100
Elasticity = % change in quantity/% Change in Price = 200/100 = 2
Since elasticity = 2, this indicates supply is elastic as it's greater than 1.
Answer:
3. a smaller opportunity cost of investment and so planned investment spending increases.
Explanation:
Opportunity cost is defined as the foregone alternative when a person undertakes an activity. For example going to work is the opportunity cost of staying at home to rest.
Opportunity cost is weighed against activity to be undertaken.
In this instance the opportunity cost of investment is the alternative foregone by investors.
As interest rate decreases it makes investment attractive because the cost of doing business decreases. This make other alternatives less attractive (smaller opportunity cost).
Investment now increases.
The monetary regulation agencies use interest rate a tool to either boost or reduce investment. The higher the interest rate th lower investment, and vice versa
