Which of the following options is not a means of retaining employees? Select the single best answer: A. increased workload B. employee recognition programs C. stock options D. competitive pay E. competitive benefits
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- How might different ethical philosophies, influence how managers makes decisions when it comes to offshoring of Jobs? Select one ethical philosophy to discuss. Please cite references.Which of the following goals are concerned with creating and maintaining employee and customer satisfaction and social responsibility. Select one: a. noneconomic b. economic c. public relations d. welfareA firm's primary interest when it hires an additional worker is Group of answer choices the cost of hiring the additional worker. how the average output of the firm will be affected by this new worker. the extra revenue the firm realizes from hiring that worker. whether or not the new worker gets along with the firm's existing workers.
- Health and safety regulations in the labor market Multiple Choice O O are always efficient because they improve working conditions. should be evaluated by comparing their costs to their benefits. can lead to an increase in frictional unemployment. Saved are necessarily inefficient if they impose additional costs on employers.Employee retention programs ________. A) aim to evaluate salaries for long-term employees B) list potential replacements for key positions in a firm C) evaluate job requirements and create job specifications D) aim to hire more contingent employees E) ensure a steady supply of experienced employees for new opportunitieshow does managerial economics help the manager in decision making and Forward planning?
- Which of these constitutes a method of informing employees how they can improve on the job? employee reviews none of these formal interviews informal conversations If Jake has submitted a report, he has submitted a written communication used to summarize research or assessment findings to inform managers about important issues related to business. True O FalseManagers may choose to pursue goals other than maximization of a firm's value. This is referred to as the problem. O slacker-shirking O neuropathy O generation X O principal-agent O none of the aboveCosidering that benefits can be quite expensive for an employer, please explain how benefits can be linked to the organizational strategy of the business.
- Which description best defines SOFT SKILLS? A-Interpersonal people skills that can be used in every job B- Skills that an employee acquires only after staying at one job for longer than 6 months C- Job-specific skills and knowledge required to perform a task D-The ability to write a strong resume and cover letterDiscuss the contributions of economics to employee and management motivation and pay.1. The field of Human Resource includes four basic tenets: these are employeeacquisition, training and development, performance management and finallycompensation management. Depending on your personal area of interest, develop aresearch problem with a handful of variables from the above-mentioned broadtopics, and formulate it into a set of interesting research questions of your choice. 2. Conduct a focused review of the literature concerning the topic, in line with theseresearch questions, and use it to produce a visual model that could be tested. 3. Clearly stipulate what your hypotheses might be. You only need to state the ‘alternative’ hypotheses. 4. With your topic and model in mind, identify and then justify your chosen research methodology (i.e., qualitative versus quantitative, but also experiments versus questionnaires). 5. Design an appropriate questionnaire to address the research questions and discuss the factors that have been deliberately considered while designing the…