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gulaghasi [49]
2 years ago
13

The Changing Workforce The composition of the modern labor force is changing rapidly. Increasing diversity in race, ethnicity, a

nd gender, a shift in age distribution, and a shift in the skill levels required of the workforce have created new challenges for human resource professionals. It is critical for human resource managers to be aware of the changing trends in workforce composition because these trends will impact the organization's options for creating an internal labor force with the skills and motivation to help the organization gain a competitive advantage
Read the case below and answer the questions that follow Jennifer thought she had done a good job as her company's HR director in terms of forecasting employee needs, but there were clearly some trends that she had not anticipated. The most significant of these trends was the huge increase in the number of immigrants now living in the local community. Although these newcomers were willing and capable of performing many jobs in the company's plant, there were some definite issues with language and cultural differences.
Jennifer also sensed some reservation on the part of long-time employees toward accepting the newcomers. Jennifer now knows she needs to be proactive in preventing workforce issues and making the best use of this new group of potential employees. Which of the following is not a trend in the composition of the labor force impacting HRM practices today?
a. skills needed have shifted away from physical strength
b. older workers are staying in the workforce longer
c. younger workers between 16 and 24 will be fewer
d. asian and other groups are the fastest growing category
e. more women are in the pald labor force than in the past
Business
1 answer:
Ipatiy [6.2K]2 years ago
6 0

Answer:

e. more women are in the paid labor force than in the past

Explanation:

The labor force is also known as the work force. It is defined as the labor pool that is either in the employment or the unemployed. It generally describes those people who are working for an organization.

The workforce today is changing and is different from the early days. The modern labor force is rapidly changing. There is a huge challenge for the HR professionals as there is increase in the diversity of race, gender, ethnicity , age distribution and the requirement of skills. Now-a-days more and more women are engaged in the paid labor force as compared to the early days. More women are learned and skilled and work under a paid labor force. They have shown success in many fields and are sometimes better performer than men.

Thus now more women are in the paid labor force when compared to the past.

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Production estimates for July are as follows:
LenKa [72]

Answer:

d. 234,000 lbs. of A; e. 39,000 lbs. of B

Explanation:

For computing the number of pounds first we have to find out the production units which is shown below:

Production units = Sales units + ending inventory units - beginning inventory units

= 76,000 units + 10,500 units - 8,500 units

= 78,000 units

Now number of material pounds required is

Direct material            A          B  

One unit requires           3 lbs 1 ÷ 2 lbs

Multiply 78000 unit requires   234,000 39,000

We simply multiplied the production units with the required unit of each material i.e A and B so that the accurate number of pounds could arrive

6 0
3 years ago
The payroll register of Seaside Architecture Company indicates $820 of social security and $224 of Medicare tax withheld on tota
Sergio [31]

Answer:

The payroll tax expense is $1754.20

Explanation:

7 0
2 years ago
The board of directors oversees and ratifies strategic decisions and evaluates, rewards, and, if necessary, penalizes top manage
Elina [12.6K]

The given statement, "The board of directors oversees and ratifies strategic decisions and evaluates, rewards, and, if necessary, penalizes top managers" is true

<u>Explanation: </u>

A board of directors is a team of experts elected by stockholders of a company to serve the interest of the stockholders and ensure that the company management behaves on their behalf. The Chairperson or Chairman of the Board is the head of the Board of Directors.

The board of directors supervises and ratifies strategic decisions as intermediaries between the owners and managers and reviews, awards and, if required, punishes top management.

These includes the following,

  1. Composition  
  2. Leadership structure
  3. Interlocks

The Board decides on the employment and recruitment of employees, share price measures, payments, and employee compensation.

8 0
3 years ago
Quaker State Wings has 320,000 shares outstanding and net income of $980,000. The company stock is currently selling for $62.97
ELEN [110]

Answer:

The new EPS is $ 3.16  

Explanation:

In order to compute the earnings per share after the share repurchase the shares repurchased must deducted from the weighted average number of share of 320,000 before repurchase so as  to arrive at the number of shares eligible for the earnings after such repurchase.

The number of shares repurchased=$634,000/$62.97

                                                           = 10,068.29  

The average weighted number of shares after repurchase is  309,931.71  (320,000-10,068.29)

EPS after repurchase=$980,000/309,931.71

                                   =$3.16 per share

5 0
3 years ago
The Federal Reserve conducts a $15 million open-market purchase of government bonds. If the required reserve ratio is 20 percent
Soloha48 [4]

Answer:

$200 million

$30 million

Explanation:

When the requiredreserce ratio is 15 percent or 0.15 , then the money multiplier is (1 / required reserve ratio) or (1/0.15 = 0.67)

Now, change in money supply = money multiplier * open market purchase of government bonds.

Here , the Federal Reserve a $30 million open market purchase Of govemment bonds.

As a result of this;

Money Supply increases by (6.7 * $30 million) = $200 million.

This is the maximum amount the money supply could Increase.

Now, if the bank holds. $30 million as excess reserves, then money supply could increase by as much as $30 million. This is the smallest amount themoney supply could increase.

So, If the required reserve ratio is 15 percent the largest possible increase in the money supply that could result is $200 million- and the smallest possible increase is $30 million.

8 0
3 years ago
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