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2 years ago

What is the Brain Drain Phenomenon and how does it impact developed and developing nations?.

1 answer:

8 0

Brain drain is the emigration of people who are favorably proficient or competent in their domain of study.

<h3>What is the brain drain phenomenon?</h3>

Brain drain is defined as the emigration of people who are positively experienced or trained in their occupation of investigation.

The avoidance of these groups of experienced professionals may be due to adequate living situations or higher salary.

The effects of Brain drain on producing countries are countless, but it is better on the opposing side.

The phenomenon has generated a baneful influence on developing countries, mainly in Africa.

As these qualified individuals travel to developed countries, they become more affluent and the developing countries become more deficient.

In emerging countries, this has resulted in a lack of innovation and industrial progress, as well as economic instability, which leads to unemployment, political instability, a loss of education investment, tax income, and a shortage of trained personnel.

Therefore, the brain drain phenomenon impacted the economy in a very negative way.

Learn more about the brain drain, refer to:

brainly.com/question/957815

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When the production manager finds the average life of her battery-lifetime data, this is an example of what phase of inferential

den301095 [7]

Finding the average life of her battery lifetime data is an example of : D. Data analysis

in order to find out the average life, she must previously gather the data about her battery's lifetime over a period of time, then analyze it to find the average line

hope this helps

3 0

3 years ago

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Antoine recently received an email from a fraudulent organization that sought his personal financial account information. Recogn

Airida [17]

Answer:

The answer is: Phishing

Explanation:

Phishing is carried out by individuals who are trying to scan users. This is done by sending emails to try to collect someone else's credit card information, online banking accounts, or other type of login information. Phishing can also be done through web pages that are designed to illegally collect their users' information.

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3 years ago

The cost for a carton of milk is $3, and it is sold for $5. When the milk expires, it is thrown out. You also know that the mean

svetlana [45]

Answer:

a) $3

b) $2

c) 1449

Explanation:

Given:

The cost for a carton of milk = $3

Selling price for a carton of milk = $5

Salvage value = $0 [since When the milk expires, it is thrown out ]3

Mean of historical monthly demand = 1,500

Standard deviation = 200

Now,

a) cost of overstocking = Cost for a carton of milk - Salvage value

= $3 - $0

= $3

cost of under-stocking = Selling price - cost for a carton of milk

= $5 - $3

= $2

b) critical ratio = $\frac{\textup{cost of under-stocking }}{\textup{cost of overstocking + cost of under-stocking }}$

critical ratio = $\frac{\textup{2}}{\textup{3 + 2}}$

critical ratio = 0.4

c) optimal quantity of milk cartons = Mean + ( z × standard deviation )

here, z is the z-score for the critical ration of 0.4

we know

z-score(0.4) = -0.253

thus,

optimal quantity of milk cartons = 1,500 + ( -0.253 × 200 )

= 1500 - 50.6

= 1449.4 ≈ 1449 units

4 0

3 years ago

What factor supports maintaining a dual income?

mart [117]

You should open a joint bank account. Joint allows deposit or withdraw cash from your dual income. Can share with your family members. Income is safe with you having a joint account because you can monitor transaction.

3 0

4 years ago

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Evaluating your payoffs as gains or losses relative to an arbitrary baseline distorts your decisions and is a problem associated

7nadin3 [17]

The study of an agent's or individual's decisions is known as decision theory. The official decision-making process concludes with evaluation. Evaluating the consequences may assist the decision-maker in learning lessons that will help her make better decisions in the future.

Loss aversion is the correct answer because the general notion of the "loss-aversion" theory is that if an individual is provided with two equal alternatives, one of which is presented in terms of prospective profits and the other in terms of potential losses, the former option will be chosen.

Loss aversion is a cognitive bias or psychological phenomenon that explains why the agony of losing is twice as powerful psychologically as the pleasure of winning.

Therefore, representativeness, cognitive bias, and overconfidence are not factors relative to an arbitrary decision distortion. So, Loss aversion is the correct response to the question.

For more information regarding arbitrary baseline, refer to the link:

brainly.com/question/11224360

5 0

3 years ago

Read 2 more answers