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A human resources department must know if the wage rate is stable, will increase or decrease. If equilibrium exists, wages are stable, if excess demand exists; wages will increase and if excess supply exists wages will decline. After this assignment the student will be able to determine if equilibrium exists and the future for wage rates for a given position.
Analyze the labour situation within your industry for a particular occupation (if you work in a unionized environment, select an occupation that is not unionized) and discuss whether an equilibrium situation exists. If equilibrium does exist, please illustrate why, and if the market is not in equilibrium, please explain why. State the current market wage and the expected future wage rate. Justify your future wage rate. If the market is not in equilibrium, explain what the firm or government can do to generate equilibrium.
Ideas for new products can be obtained from customers (employing user innovation), the company's R&D department, competitors, focus groups, employees, salespeople, corporate spys,
whats the economic justification for rapid growth of preminum package serivices
give a full report on the tactics and strategy on a start up business
The crew costs are parts are part of the overall preventive maintenance cost and the down time costs constitute on a part of the breakdown maintenance costs. The maint
Question : Psychologist Bruce Tuckman first came up with the memorable phrase "forming, storming, norming and performing" back in 1965. He used it to describe the path to high-
QUESTION You are required to advise the management of UTM Ltd about the different types of information systems that it might require at the various levels of the organisation.
Question : Reynolds (2004) suggested that to create a learning culture that acts as a growth medium it is necessary to develop organizational practices that raise commitment am
How is packaging and sales promotion affected in marketing management? Packaging: Packaging is a significant activity of a sales promotion department since an attractive
Question 1: Planning is one of the primary functions of management as all other functions depend on it. Thus, planning has been criticized on several grounds. Describe (i)
How is the lead time determined? Lead Time comprises: a. Time to procedure the enquiries and to put the order b. Time to deliver the command to the supplier c. Tim
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