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Countries are bound to experience a degree of unemployment and that means that there is no such thing as zero unemployment rate. There are occurrences in the economy that just make it impossible to arrive at zero unemployment rate, nor is it the goal of economies to arrive at zero. The goal is to ensure that those who are willing and able to work are able to find jobs. In Chapter 28, you will learn that frictional unemployment, structural unemployment, minimum wage laws, unions and collective bargaining, are but some of the reasons behind the non-occurrence of zero unemployment rate. One theory that stands out in explaining the absence of zero unemployment rate is the Theory of Efficiency Wage (Mankiw, 2018, pp. 594-596). In this assignment, please explain what the Theory of Efficiency Wage is all about and all the issues supporting this theory. In addition, you will explain thoroughly whether you agree or disagree with this theory and explain the reason(s) for your contention. In explaining this theory, you can take the position of the employee and also that of an employer. Remember that you don't have to agree with the author all the time; you may disagree but just make sure you have well-grounded reasons for doing so.
Why do you think researchers are interested in relationship between job satisfaction and job performance? How are consequences of job satisfaction important to organizations? What would you suggest organizations do to increase job satisfaction?
Define the contribution of employee empowerment as a catalyst for change into a global organization. Explain how you can motivate and manage change, taking into account the following concepts:
Develop an outline of your recommendations for these sales promotions. In a role-playing situation, present and defend your recommendations to your boss.
The essays should focus on Things of great personal interest, Points of agreement or disagreement, Insights, or aha experiences. Relate these things to your work or organizational life.
The management at Gem needs you to formulate an incident-response policy to reduce network down time if future incidents occur. Develop an incident-response policy that covers the development of an incident-response team, disaster-recovery process..
Discuss the role of an arbitrator when handling a dispute between labor and management. Please include a discussion regarding the necessary qualities required to be a competent arbitrator.
Discuss some methods for determining the performance readiness of a follower in a given task.
As far as business communication, what should individuals do to ensure that they are communicating effectively in all situations? Explain
A required return on its common stock of 16%, and a WACC of 13%, what is the firm's debt-to-equity ratio?
Compare and contrast the mission and/or organizational visions statements of the two companies. What are the similarities and differences? How do you think these statements impact the culture of each organization?
Demographers state that within 30 years, Caucasians will likely no longer be the majority race in The United States of America. The societal change primarily results from immigration and the difference in birthrates between racial and ethnic groups..
Solve for the own-price elasticity of demand, the cross-price elasticity of demand of good X with respect to the price of good Y, and the income elasticity of demand
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