Compare and contrast the role of HRM departments in your country and one other you know about, critically appraising the impact on firm competitiveness.
What will be an ideal response?
Good answers should refer to the variety of approaches to HRM in different countries; discuss the likelihood of them being represented on key decision-making bodies and the relationship to the role of line managers. Better answers would also note the link to relevant institutions such as trade unions and employment legislation.
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A business issues 20-year bonds payable in exchange for preferred stock. This transaction would be reported onthe statement of cash flows in
a. a separate schedule b. the cash flows from financing activities section c. the cash flows from investing activities section d. the cash flows from operating activities section
Removing trade barriers that protect an inefficient industry is likely to result in ______________ in that industry.
Fill in the blank(s) with the appropriate word(s).
ABC, Inc., is a small clothing manufacturer that produces shirts and pants using two resources: sewing machine hours and cutting machine hours. The production manager can schedule up to 240 hours of sewing machine time and up to 150 hours of cutting machine time. Production of one shirt requires 3 hours of sewing time and 1 hour of cutting time. Each pair of pants requires 2 hours of sewing time and 1.5 hours of cutting time. Each shirt yields a profit of $5, and each pair of pants generates a $6 profit. The objective is to maximize profits. Which of the following is the decision variable for the LP formulation?
a. total revenue generated b. number of sewing hours and number of cutting hours required c. number of shirts and number of pairs of pants to be produced d. total production time
How does diversity improve the ability of groups to solve problems and be successful?
What will be an ideal response?