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Imagine you are part of a HRM team and need to make staffing decisions for a new production facility recently purchased in a developing nation. Currently, your company produces and packages a product in two locations in North America; the new production facility is in a strategically located country within a major geographic region and will distribute throughout the region from that facility. In order to get the production facility up and running, your team has to address the question of staffing, including the factory workers, managers, and the director for the facility. Discuss what information you need, what options you have and what recommendations you would make. Address the following questions from a global strategic perspective as compared to a domestic perspective:
How should a company evaluate and develop a newly-acquired local workforce? Do you retain and retrain employees or find new employees? When is it important to have local managers and a local facility director? If you don't have in-house candidates for senior positions, what do you do, especially if managers do not want to relocate from their home country? How is learning enhanced with multiple locations? How do you use personnel from successfully productive facilities, on short term assignment, to help upgrade the skill levels in new facilities?
Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.
Some commentators have argued that the failure of the “Super committee” is good thing for the economy? Do you agree?
Case study analysis about optimum resource allocation: - Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..
Questions: : Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month? Explain your choice.
Problem - Total Cost, Average Cost, Marginal Cost: - Complete the following table of costs for a firm. (Note: enter the figures in the MC column between outputs of 0 and 1, 1 and 2, 2 and 3, etc.)
Problem based on Oligopoly and demand curve, Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?
Explain the impact of external costs and external benefits on resource allocation; Why are public goods not produced in sufficient quantities by private markets? Which of the following are examples of public goods (or services)? Delete the incorrec..
Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..
Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:
Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..
"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"
Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"
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