Skills and abilities to help with the production of output

Assignment Help Operation Management
Reference no: EM131176305

Human resources are people who in the job company use their skills and abilities to help with the production of output. They have skills or knowledge that not just any one would have. So in the company or job market they make more money then others. A real life example of one of those jobs would be an aircraft mechanic. They go through extensive school and training. There are multiple tests and certifications they have to take and get to work on the planes. They have to know how to fix any problems with planes to get them to fly again safely. They make more money then any other hourly position because of their skills they have. Your reply should also be at least two paragraphs long, and describe why the Demand (curve) for the labor you are replying about is actually a "Derived Demand" (as this term is defined in Chapter 25) in the Resource Market.

Reference no: EM131176305

Questions Cloud

Types of supply chain management without ethical relatioship : As firms become increasingly focused and specialized, the supply chain performance grows in importance. Money spent with suppliers represents a huge portion of most firms' revenues. Can you practice the types of supply chain management without the et..
Inventory control at wheeled coach ambulance : Inventory has gotten a bad name in the era of Just-in-Time inventory systems,  An example of ABC Analysis is provided from the following reading and video of the Wheeled Coach Division of Collins Industries, the world’s largest manufacturer of ambula..
The marketing plan assignment : If you have an idea for a business, this is a good time to explore the idea. Its better to have an unsuccessful marketing plan before you might invest in it. The plan should be a new to the world product or service or maybe an improvement over an exi..
Federal laws that apply to compensation practice : Summarize the four groups of federal laws that apply to compensation practice, and explain the purpose of each. In your opinion, which of the groups is most important, and why? If you refer to any outside sources (including the textbook) you must cit..
Skills and abilities to help with the production of output : Human resources are people who in the job company use their skills and abilities to help with the production of output. They have skills or knowledge that not just any one would have. So in the company or job market they make more money then others.
Announcement in the mail at work where a firm i : Have you ever received an announcement in the mail at work where a firm is informing you that a valued member of the firm has gone on to other employment and wishing them well? Could this be the kind of notice that would have worked in this situation..
Examples of alternative dispute resolutions : What are some examples of alternative dispute resolutions (ADRs)? What are the advantages and disadvantages associated with ADR versus litigation? What are some examples of arbitration that can occur in your professional and personal life? Explain
Stage competition life cycle in industries : List and explain the 4-stage Competition Life Cycle in industries. Product Differentiation is a critical strategy to maintaining the competitiveness of a products or service. Explain the 2 types of product differentiation.
The implementing particular marketing strategy : If you were personally responsible for the implementing a particular marketing strategy, which implementation approach would you be most comfortable using, given your personality and personal preferences? • Why? • Would your chosen approach be univer..

Reviews

Write a Review

Operation Management Questions & Answers

  Summary on three leadership theories divided into groups

I need help with a 600 word summary on three Leadership theories divided into groups that will explore the idea that a set of competencies predicts the effectiveness of leadrs.

  What do you think are the most important motivational needs

What do you think are the most important motivational needs for the majority of people? Do you think your needs differ from those of most people?

  Operations strategy and operations strategy process

In regards to Operations Strategy, please summarize the following terms: operations strategy, operations strategy process, layout and technology management. Please provide references if used.

  How would you approach management of quality

How would you approach management of quality, risk and procurement functions over the life of a major project? What key performance indicators will you adopt to assess the QRP managerial performance? When do you start your QRP management process?

  New machine with identical production capacity costs

A 4 year-old die-casting machine, of market value $3500, is 50% too small for future production needs. A new machine with identical production capacity costs $5000 installed. Both machines are expected to have economic lives of 6 years from this date..

  Describe briefly the nature of the organization

Describe briefly the nature of the organization itself, its Operations and Quality Management systems and how these systems improved and contributed to the organization's current success.

  Common approach to performance appraisal

The graphic rating scale system is a very common approach to performance appraisal. It is simple to implement and to use, but tends to be very subjective. For instance, on a scale from 1 to 5 for a certain characteristic, 4 means good. What does that..

  Problem regarding the number of workers hired

Suppose that the marginal product of labor is: MP = 100 - L, where L is the number of workers hired. You can sell the product in the marketplace for $50 per unit, and the wage rate for labor is $100. How many workers should you hire?

  Impact of leveling within slack on sensitivity of network

Which if any of the resources are over allocated? Assume that the project is time constrained and try to resolve any over allocation problems by leveling within slack. What happens? What is the impact of leveling within slack on the sensitivity of th..

  History of international trade-foreign direct investment

There is a rich history of international trade and foreign direct investment (FDI) theory starting with Adam Smith arguing against mercantilism with his theory of absolute advantage and continuing today with Porter’s diamond and Dunning’s eclectic th..

  Efficiency of target corporation supply chain

Please provide an assessment of the efficiency of Target Corporation supply chain and whether the Supply Chain supports its Demand Chain.

  What company wants to forecast demand

company wants to forecast demand using the weighted moving average.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd