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Most people do not have any comprehension of the magnitude of the total costs to the firm resulting from a new hire. This assignment will provide the student with an understanding of the total costs to the firm of employing a single person. The student learns the difference between the types of costs the firm can control, and those that it cannot.
With your knowledge of basic economics and the knowledge obtained from the section notes and your readings, please develop a complete remuneration plan for a typical worker. List items in your plan along with the anticipated dollar cost to the firm of each component. If your item is one lump sum post for all employees then list the total cost for all employees then calculate the cost per employee. Be sure to include all voluntary costs and mandatory costs. Next, indicate (perhaps beside each cost?) whether the cost is purely variable, variable with a maximum or fixed. Then determine the total cost of hiring that person for the year and per week if salaried or per hour if waged, separated into wage, voluntary benefits and mandatory costs.
How are Internet technologies affecting the structure and work roles of modern organizations? For example, will middle management wither away? Will companies consist primarily of s
QUESTION 1 XYZ Ltd is a company that likes to encourage its employees through internal promotion. Consequently, many technical workers were promoted as first line managers in t
Application of the four major business functions essential. For example: Human Resources: The recruitment and on-going training of non-teaching (support) and teaching st
Explain the factors that affect the choice of distribution channel that a company uses. describe the functions of wholesalers in the distribution chain
Question 1: (a) Describe the two main criteria that have contributed to intercultural communication within the work environment. (b) Clearly show three challenges and t
QUESTION 1 (a) List down and explain 2 main and distinct strategies you would adopt to settle a given conflict in your organisation. (b) Name and explain clearly 2 positive
Explain the relationship of basic components of the organisation. Relationship of the fundamental components of the organization: Objectives as decided within step I abov
NAME FOUR CATEGORIES OF ASCERTAINED GOODS
a. It results in dislocation of production process and causes excessive delays or reduction in output. b. Wages are to be paid for idle time resulting in loss of profits.
The process controls mainly pertain to the activities which are required to be carried out at any particular stage of the process. Often the final product will comprise of a
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