What does the expression “marginal product of labour” mean ? Why do workers (skilled and unskilled) migrate from labour abundant countries to countries with a scarcity of labour? How has that migration of labour been of advantage to other countries?

Q: Which of the following environmental factors can affect thecost of doing business in a foreign…

A:

Q: How do sales jobs compare with accountant/bookkeeper jobs and what are the advantages and…

A: Jobs in Sales: Jobs in Sales entail marketing and selling goods and services to consumers. This can…

Q: ow globalization affects the stud

A: Answer: Globalization is the condition which increases the scope of interaction of people of one…

Q: 17. Companies are involved in exporting their product to different parts of the world then setting…

A: Exporting products is the easiest and most straight forward way to engage with the global market.…

Q: Some trade unions fear that the free movement of people depresses wages of ordinaryworkers because…

A: GDP means gross domestic product. It is the total value of goods and services that are produced in a…

Q: Why do you need to be able to explain your value to potential employers?

A: Employers are always in constant search for skilled employees who are experienced and have the…

Q: What financial arguments could you use to justify your proposed recommendations to segregate FLTs…

A: The question is based on concept of health care, safety and workplace ,mainly for workers at…

Q: Using the concept of substitution and income effect, explain why means-tested transfer programs…

A: The income effect  is basically the shift in consumer consumption of items as a result of  income…

Q: What is the earned income tax credit (EITC)? The EITC probably increases labor force participation…

A: Indifference curve analysis refers to the representation in the graphical form of the products…

Q: Is someone not willing to work counted as being in the labor force?

A: Labor force is a term used for referring to labor pool within an economy that which may include both…

Q: an employer is competitive in the labour market: It has to pay at least the going wage. The wage…

A: Market A market refers to the place where buying and selling activities of goods, products, or…

Q: Differences Between Being Self-Employed and Employed ?

A: Individuals who are self-employed work for themselves, managing their own enterprises or offering…

Q: What are the pitfalls of franchising?

A: Franchising is a licensing that one party takes from the business owner. It allow that party to…

Q: ompanies allocate costs? What are some of th

A: The process by which a firm allocates and assigns its different expenses or costs to certain goods,…

Q: Discuss why you would not expect all industries to have a similar relationship to the economy. Give…

A: All industry in an economy produced different goods and services, for which market factors varies.…

Q: The marginal product of labour is defined as the ____.

A: Labour is one of the important asset for any organization. Labor Cost is Part of Prime cost apart of…

Q: The labor supply curve   a. may slope either upward or downward, depending upon the real wage…

A: The correct option is  B. slopes downward to illustrate that a decrease in the real wage decreases…

Q: What do you think is the difference between claims and entitlements?

A: Manufacturing industries are based on preparing final products from the raw materials and…

Q: The approach by Borjas (2003) on evaluating the effects on immigration ignores: (a) Cross-wage…

A: Beyond liberalizing the immigration system, an immigration tariff would have a favorable economic…

Q: When you reward the talents of society values, does it govern social and economic inequalities

A: there is no concept exist like talent because every individual have the unique quality and they have…

Q: Increased unemployment can reduce consumer demand for goods and services, leading to ?

A: Deflation is the state of economy in which overall price level decreases.

Management by Exception

A manager’s job is a very tough one. A manager needs to look at the various areas of work and as a manager he has to look after two or more important jobs or activities at the same time for the growth of the business. In order to do all these things in an effective manner, a manager must adopt or practice different management styles and tactics.