Answer:
increase in output obtained from a one unit increase in labor.
Explanation:
The marginal product of labor (MPL) is defined as the increase in total output produced by the addition of one extra unit of labor. The additional unit of labor refers to an additional employee, and the effect can be measured if all the other factors are constant.
The MPL is not constant, it usually increases at first, but then it starts to decrease as more employees are hired and capital resources must be shared between them.
Performance appraisal is used to compare employee performance against some standards. The steps in the performance appraisal process are;
- 1. Establishing Performance Standards
- 2. Communicating Standards
- 3. Evaluating Performance
In the performance appraisal process, the supervisors will first establish the standards that will guide the operations of employees.
Next, they should inform the employees of those standards. They should examine the performances of their employees and make decisions on whether they performed well or not.
Then, they should discuss the results with them and take action on whether to reward or punish them.
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With the leadership style, the leader provides little direction and little support. instead, followers make and implement decisions. Delegating.
Leadership, both as a research location and as a realistic talent, encompasses the potential of an person, group or employer to "lead", impact or guide different individuals, groups, or entire organizations. The phrase "leadership" regularly receives considered as a contested term.
“The motion of main a group of humans or a business enterprise.” that's how the Oxford Dictionary defines leadership. In easy words, management is set taking dangers and difficult the status quo. Leaders motivate others to attain something new and better.
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Answer:
b. False
Explanation:
The concept of "direct expropriation" has never been problematic. It is an old public law institution that finds support in most national legal systems. This form implies a mandatory transfer of the title deed or the immediate occupation or confiscation of a property right. Normally, the State or a third party designated by it directly benefits from the measure. The term brings with it the connotation of a seizure by a governmental authority of the property of a person with the aim of transferring the property to another person, normally the authority that exercises its de jure or de facto power to order the seizure.
Answer:
E. None of the above
Explanation:
because the price level is not known, we can not tell definitely that the output is increased or unemployment is decreased or standard of living is increased
.
Therefore, we cannot conclude on anything.
