The term that describes the consisting of workers with a common set of skills who are joined together in a common assiciation, irrespective of where, or for whom, they work.
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The term that describes the consisting of workers with a common set of skills who are joined together in a common assiciation, irrespective of where, or for whom, they work.
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- Define the term, "human capital."Who are gig workers? What labour practices can be adopted for gig workers working in gig economy? Explain with the help of suitable examples.Due to national differences in economy, politics, and legal systems it result in a wide range of labor-relation systems. Based on your opinion, give recommendations on how to solve this issue.
- Labour relations is the term which refers the relationship between individual employees and employers, as well as the relationship between collectives (trade unions, employers’ organisations, and the state) and the individuals. Contrast the role of the employer with that of the employee in the employment relationship.Three employees processed 600 insurance policies last week. They worked 8 hours per day, 5 days per week. What is the labor productivity?Labour productivity is a measured as the...
- Which one is considered a discouraged worker? A person stopped looking for a job but would accept one Retired person Fresh graduate entering the labor market High School StudentGalaxy, a multinational corporation, has two plants, one in the United States and the other inMexico, and it cannot change the size of the plants or the amount of capital equipment in theshort run. The wage in Mexico is equivalent to US $5 per hour. The wage in the U.S. is $25 perhour. Given current employment situation, the productivity per worker in Mexico is 200 units perhour, and the productivity per worker in the U.S. is 400 units per hour.Is Galaxy maximizing output relative to its labor cost? If not, what should Galaxy doMarginal Produt and Resources How would you determine the demand for a factor of production? What factors influence the supply and demand for labor? Examine how those factors impact market demand for labor. How do labor unions try to increase the demand for labor? What has made labor unions such an integral part of the workforce? What is the difference between the rates of return for a renewable and nonrenewable resource? How do the rates of return on capital and land differ between a renewable resource and nonrenewable resource? How does the growing demand for food, fuel, and export affect the market for land?
- Case C: Galaxy Multinational. Galaxy, a multinational corporation, has two plants, one in the United States and the other in Mexico, and it cannot change the size of the plants or the amount of capital equipment in the short run. The wage in Mexico is equivalent to US $5 per hour. The wage in the U.S. is $25 per hour. Given current employment situation, the productivity per worker in Mexico is 200 units per hour, and the productivity per worker in the U.S. is 400 units per hour. Is Galaxy maximizing output relative to its labor cost? If not, what should Galaxy do? Justify your answer.In 2006, Italy’s average labor compensation costs stated in U.S. dollars were $25.07 compared to $16.52 in 1995, and they were 19.96 euros compared to 26,911 lira. What was the percentage increase or decrease in dollars? What accounts for the huge difference in local rates between 1995 and 2006Attached is question 3. PLEASE SHOW WORK IN EXCEL!