Discuss the difference between general training and specific training. Who pays for and collects the returns from each type of training?

Q: The elasticity of demand for labor varies inversely with the elasticity of demand for the product it…

A: The elasticity of demand measures how much responsive the quantity demanded is towards the change in…

Q: How is the isomorphic concept applied in determining executive salaries?

A: Isomorphism refers to the likeness of one organization's operations or structure to those of…

Q: position about Salaries of uninformed personnel have to be the same with that of teachers and…

A: The pay and allowances are the basic cost that is incurred by any firm. But the salaries vary…

Q: is there a gap between the mean earnings for male and female recent college graduates?

A: A gender pay gap is the mean difference between the wage of  working men and women. Yes, there is a…

Q: Other things constant, which of the following job characteristics would be most likely to result in…

A: Generally the employee’s compensation rate is depends upon certain factors like, nature of work,…

Q: Wage, productivity -W, wage VMP, productivity Seniority a) Wage, productivity W= VMP b) Seniority…

A: Value of marginal product or VMP refers to the measure of the amount of revenue that is contributed…

Q: To what extent are flexible work arrangements a positive for workers? For employers?

A: Flexible work arrangement for workers is not bounded by rigid work rules. These arrangements are…

Q: A technological advance that increases laborproductivity willa. lower wages.b. decrease the demand…

A: Productivity measures the efficiency of inputs in producing the given level of output. It is the…

Q: Outline the benefits of encouraging a learning culture with the work team.

A: There are many benefits of encouraging a learning culture with the work team. a) Increasing employee…

Q: Define skill set. A. training provided by a job B. skills that have not yet developed in an employee…

A: Define skill set.

Q: Which career hurdle involves the influence of fewer opportunities for high- quality education? O A.…

A: In a market, there are various hurdles and challenges faced by an individual when looking for a…

Q: On Chapter 5, Human Resource Planning and Recruitment under The Human Resource Planning Process –…

A: Foreseeing the demand and supply of labor later on requires a comprehension of business…

Q: Evaluate three reasons for occupational mobility

A: Labor economics refers to the analysis of the contribution of the labor force in the process of…

Q: How do economists define teacher quality? Discuss the strengths and weaknesses of this definition.

A: Teaching is a cultural activity, and perceptions of teacher quality have evolved as American…

Q: A employer wishing to test the effectiveness of a new, on-the-job training program would be wise to…

A: In the market, organizations play a crucial role in providing employment opportunities for the…

Q: Explain the three main aspects of the isoprofit curve and how it is related to the market for…

A: The iso-profit curve illustrates a set of two or more variables that allow a company to make the…

Q: Why can welfare programs, if not managed correctly, create work disincentives?

A: Welfare is a concept that aims to support the poorest in our society so that they are able to meet…

Q: How does workforce demographic shifts affect compensation?

A: At the marketplace, workforce refers to the total number of people who serve their services to…

Q: Discuss how empirical studies estimate the rate of return to schooling and the methods used to avoid…

A: The empirical studies estimate the rate of return using the data on the earning and schooling of…

Q: What factors might account for the wide disparities in average salaries in differ- ent states?

A: There are various reason for salary differentiation state to state Location Demand and supply of…

Q: What may be wrong with over-specialization for workers in factories? A. Work culture may worsen B.…

A: When product is made, cost  takes place and process of business follow ups. Business can be of…

Q: What steps are taken when the supply of employees is predicted to be greater than demand?

A: Meaning of Demand and Supply: The term demand refers to the willingness of an individual to…

Q: A compensating differential is an: adjustment to wages that compensates for lost work due to the use…

A: A compensating differential, which is also called a compensating wage differential or an equalizing…

Q: What is a factor where a portion of a wage gap may not be the result of discrimination? Explain why…

A: Wage discrimination or pay discrimination occurs when workers having a similar skill set for their…

Q: What happens to the labor supply curve of single mothers when TANF benefits are introduced?

A: The labor supply curve moves upward of single mothers when TANF benefits are introduced.

Q: Which of the following depicts the situation of deferred wages with company- specific training?

A: Deferred wage is referred to the influence of seniority on the wage rate. An individual may gain a…

Q: Explain how decrease in non-labor income might affect the optimal labor supply decision? Use graphs.

A: The labor market explains the wage rate determination and the equilibrium units of labor in the…

Q: What are some characteristics of professional behavior in the work plade

A: Attitude, appearance, and manners all contribute to professional behaviour in the job. It…

Q: Explain three separate reasons from professional ethics that justify why the US Congress originally…

A: The National Labor Relations Act' ("the Act") guarantees workers the right to form, join, and assist…

Q: Why do welfare programs create work disincentives?

A: Various welfare programs run by the government or other nonprofit organizations are a kind of…

Q: Find the attached file.

A: Business forms of organization are the organizations that are most prevalent in the world and are…

Q: How does the firm adjust its employment if it is costly to hire and fire workers?

A: A firm needs to alter or adjust its labour force(LF) as a response to the ever-changing environment…

Q: How weak reserch culture in society affects Lack of job and career options? Explain in detail.

A: The people who will always wanted to be employed may go after various career options. The interest…