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- 11. A recent issue of Business Week reported the following:During the recent auto sales slump, GM, Ford, and Chrysler decided it was cheaper tosell cars to rental companies at a loss than to lay off workers. That’s because closingand reopening plants is expensive, partly because the auto makers’ current unioncontracts obligate them to pay many workers even if they’re not working.When the article discusses selling cars “at a loss,” is it referring to accounting profit oreconomic profit? How will the two differ in this case? Explain briefly.Q5. The details regarding Labour force engaged in a work scheduled to be completed in 30 hours are as follows- Category of Workers Number Standard Standard Actual Actual Number Wage wage rate/hr. (in Rs.) rate/hr. (in Rs.) Skilled 75 60 70 70 Semi- 45 40 30 50 Skilled Un Skilled 60 30 80 20 Total 180 180 The work is actually completed in 32 hours. Calculate Labour Variances. Show your working clearly.Question 36 The main statistic that is used to monitor unemployment in the economy is O a) the inflation rate. b) nominal GDP. Oc) real GDP. O d) real GDP per capita. e) the unemployment rate.
- • What is Compensation and its importance • Explain the factors affecting compensation on firm’s financial conditions, • Explain the factors affecting compensation on firm's workers productivity • Explain the factors affecting compensation on firm's cost of living.Balanced Scorecard Maloney Corporation manufactures plastic water bottles. It plans to grow by producing high-quality water bottles at a low cost that are delivered in a timely manner. There are a number of other manufacturers who produce similar water bottles. Maloney believes that continuously improving its manufacturing processes and having satisfied employees are critical to implementing its strategy. Required: a. Please create a vision and mission for Maloneys that makes sense for them . b. Please identify, clearly and in your own words, what the Balanced Scorecard measures and its four perspectives . c. Please identify 3 key performance measure (applicable to Maloney Corporation), as well as their corresponding measures and targets, for each balanced scorecard perspective.27 The cost of service in the e.government is high. Select one: a. True b. False
- Multiple choice question Productivity increases when Select one: a. inputs increase while outputs remain the same b. outputs decrease while inputs remain the same c. inputs decrease while outputs remain the same d. inputs and outputs increase proportionately Question 17 One of the disadvantages of the perpetual counting system is that there is no stock control between counting periods. Select one: a. False b. True Question 18 Areas that commonly feature industrial engineers include all but one of the following: Select one: a. Total quality management b. Ergonomics c. Guidelines for profit sharing. d. Setting labour standards e. Setting parameters for bonus schemes Question 19 The main purpose of industrial engineering is to study the relationship between ______________ and _____________. Select one: a. Stakeholders and management. b. Humans and machines. c. Money and profit. d. Marketing and…12- The DWCBA is most relevant when the society cares about the distribution the alternative projects under consideration have different scales most of the costs accrue to one group while most of the benefits are enjoyed by anther poor people receive low incomes there is a budget constraint a b. d. at:BUSI 2033 | UNIT 5 | ETHICAL DILEMMA INSTRUCTIONS This learning activity is designed to examine elements of team interaction and leadership. Indeed, there are several features to successful team functioning and productivity. In this learning activity you research and explain the topic of social loafing in a team context. You will identify three causes of social loafing and the outcomes of social loafing. Then you assume a leadership role and address how you will address this problem in a team context. You will identify three solutions that might be most successful. You will arrange them in order of priority.
- Reaction paper about competitiveness, strategy, and productivityAn operation in a company produces 900 units in a ten-hour day. The units are produced by 6 workers who use 400 kilos of raw materials. Workers are paid 5 Omani Rials per hour; raw material cost is 0.5 Rial per kilo. The overhead cost is 60 Omani Rials. Calculate the labor productivity (per labor hour). Select one: а. 25 • b. 15 c. None is correct O d. 10labor productivity (concept)