Recommend a new Safety and Security HR policy to achieve cost reduction to the company.2 points – 1 0 0 w o r d s each***************************************************************************************************Safety and SecurityWith Trudeau’s promotion to HR director, management of safety and security fellto his assistant, Jose Vasquez. Vasquez is a recent college graduate with a degree inergonomics. He came to PAC as an intern during his senior year of college. Trudeauwas impressed with Vasquez’s attitude and enthusiasm and hired him right aftergraduation. Vasquez worked with Trudeau on wellness activities and conductedsafety training, but his real forté is his ongoing ergonomics audit. PAC has had highinstances of workers’ compensation claims, particularly carpal tunnel syndromeclaims, and Vasquez expects that his emphasis on ergonomics will help alleviatethe problem. His goal is to check every workstation in the organization and eitherapprove or recommend ergonomic changes. He has developed an elaborate databaseto track the project.Besides ergonomics, PAC has an active wellness program. In partnership with a localhospital, PAC conducts an annual on-site health fair providing employees with freeimmunizations and voluntary health-risk assessments. Since maintaining a healthyweight and not smoking are especially important, PAC reimburses employees for50 percent of the cost of weight loss and smoking cessation programs. PAC alsomaintains an employee assistance program.Schilling asked Vasquez to take on a greater role in risk management. Schilling isconcerned about the increasing rate of workers’ compensation claims and askedVasquez to conduct a job-hazards analysis and report the results to him, identifyingwhich jobs, departments and people are most likely to incur a workers’ compensationclaim. From that information, it is expected that Vasquez will work with the financedepartment to develop a cost-saving risk allocation plan.Unfortunately, the ergonomics audit is so involved that Vasquez is seldom availablefor anything else. He is either out in production checking workstations or mired inspreadsheet tracking. He created an extensive spreadsheet to track the results of thehazard analysis that Schilling asked for, but so far, little else has been done and thecompleted analysis was due on Shilling’s desk last Friday.With his short tenure at PAC and his focus on ergonomics, Vasquez seems illpreparedto manage the entire safety department. Trudeau knew this whenhe promoted Vasquez, but with the hiring freeze, he couldn’t go outside theorganization, and there was no one else with the safety background needed for theposition. Trudeau felt sure that if he worked closely with Vasquez, he could keepsafety and security on the right track.
One of the elements of capitalism is that businesses that cannot compete in the current environment should be allowed to fail. That is part of the free market philosophy. However, that would also assume they were not burdened by regulations such as a minimum wage. In truth, though, the minimum wage is meant to make correct for an inefficiency in the market. We assume the free market works because of the assumptions of rationality and accurate information about prices. Can anyone think of how these assumptions don’t work in the labor market, and how a minimum wage may correct these issues?
Select an industry relevant to your career. If you lack work experience, you can base your selection on real-life market situations or business areas that you may have knowledge about. You can also consult sources such as the Wall Street Journal, Financial Times, Bloomberg Markets, the Economist, US News and World Report, and the Argosy University online library resources. Research the growth opportunities in the industry, competitive strategies that were employed, typical customers, and other relevant information related to the industry. Specific opportunities will differ depending on the industry selected, but be sure to consider current economic events and news relating to the industry that may influence the future direction of your industry. Within this industry, select a midrange-performing company that provides goods or services. Then, address the following: Analyze why this company maintains the level of success it does from an economic and financial perspective. Develop at least two visual aids (e.g., charts, graphs, or tables) to support your argument. Evaluate whether the company’s pricing and positioning decisions contribute to or hinder that success. Evaluate whether the strategy currently used by your industry, as discussed in previous sections, appears to be sustainable over time. Create a 4- to 5-page research paper. At the end your paper, include a reference page and cite scholarly sources in APA style.
Question:The citizens of Great Britain voted for Britain to exit the European Union (commonly called Brexit). Comment on the economic causes, and economic consequences of this decision. That is, try and stay with the International Economics/Finance aspects of the problem in answering this question. a. Did economists correctly predict the outcome of the Brexit vote? Why or why not?(2 marks)b. What were the economic reasons for why British citizens voted as they did? Comment on whether UK was a net contributor or net recipient of funds to/from the EU, i.e., was the UK paying more to the EU, than what the UK was receiving back from the EU, or the other way round? Comment on globalisation [i.e., making UK and continental Europe a single market known as the European Union (EU from now on), with free movement of capital, labour, and goods and services], and was globalisation in the sense of single EU market economically beneficial for the UK? Comment in particular was the single EU market beneficial for the UK overall, and, was it beneficial for some but not others? (That is to say, were there winners and losers from the common market?).(10 marks)
A. Cable television service b. Wheat c. Athletic shoes d. Soda e. Shaving cream f. Toothbrushes g. Ready-mix concrete Explain each of your selections. 1. Which of the following goods and services are sold by firms in monopolistic competition? A. Cable television service b. Wheat c. Athletic shoes d. Soda e. Shaving cream f. Toothbrushes g. Ready-mix concrete Explain each of your selections. 2. The four-firm concentration ratio for audio equipment makers is 30 and for electric lamp makers is 89. TheHHI for audio equipment makers is 415 and for electric lamp makers is 2,850. Which of these markets is an example of monopolistic competition? 3, Figure 1 shows the demand curve, marginal revenue curve, and cost curves of Lite and Kool, Inc., a producer of running shoes in monopolistic competition. A. What quantity does Lite and Kool produce? B. What price does it charge? C. What is Lite and Kool”s markup? D. How much profit does Lite and Kool make? E. Do firms in monopolistic compe
If it installs technology 1, its yearly costs will be C1 (q) = 3600 + 65q + 36q 2 . If it installs technology 2, they will be C2 (q) = 900 + 900q + q 2 . (a) What is the minimum ecient scale of each production technology? (b) Which technology would the rm prefer (purely from a cost standpoint) if it expected that each year it had to manufacture 40 units? 2. If the market demand curve is Q = 100 P, what is the market price elasticity of demand? If the supply curve of individual rms is q = p and there are 50 identical rms in the market, draw the residual demand facing any one rm. What is the residual demand elasticity facing one rm at the competitive equilibrium?
PA3: A newspaper article written by the Associated Press in 1994 reported that the U.S. Economy was experiencing a low rate of inflation. It said that “low inflation has a downside: 45 million recipients of Social Security and other benefits will see their checks go up by just 2.8 percent next year.” A. Why does inflation affect the increase in Social Security and other benefits? B. Is this effect a cost of inflation as the article suggests? Why or why not? A. Legislators wish to ensure that the real value of Social Security and other benefits stays constant over time.
2. Read the contrasting quote below, and identify the crucial difference between Chile’s experience and that of Brazil and Peru. (To “privatize” infrastructure means that the government sells to private investors companies that had previously been owned and operated by the government.)”According to the World Bank, 58 million Latin Americans lack access to potable water and 137 million lack sewerage. In Brazil and Peru, less than a quarter of the main highways are classified as good. In surveys by the bank, 55 percent of businessmen consulted in Latin America cite infrastructure as a serious problem compared with just 18 percent in East Asia. The bank says the region will have to double or triple its current spending to bring its infrastructure up to the level of that in East Asia’s fast-growing economies. The exception, as so often, is Chile. Its military dictatorship began to privatize infrastructure in 1985, starting with telecoms and electricity. Democratic governments have since gone further. Now the roads that whisk the traveler into Santiago, the capital, from the airport are privately run, as are most other motorways and the airport itself. Nearly all Chile’s water is supplied by private companies. In Santiago treatment of sewage has increased from 3 percent in 1999 to 70 percent today, says Alfredo Noman, chairman of Aguas Andinas, the capital’s Spanish-controlled water company. Only the most remote households in Chile lack running water or electricity.”
Twentyfirst Century Electronics has discovered a theft problem at its warehouse and has decided to hire security guards. The firm wants to hire the optimal number of security guards. The following table shows how the number of security guards affects the number of guards affects the number of radios stolen per weekNumber of security guardNumber of radios stolen per week05013022031448561)If each security guard is paid $200 a week at the cost of a stolen radio is $25, how many security guards should the firm hire?2)If the cost of a stolen radio is $25, what is the most a firm is willing to pay to hire the first security guard?3)If each security guard is paid $200 a week and the cost of a stolen radio is $50, how many security guards should the firm hire?I need help. I am not sure what calculation to use here. MB=MC??
Enumerate the common areas where frauds and disputes normally take place in internationally marine transaction and commercial shipping , and state the common precautions to be taken by international buyer and sellers to prevent the possibilities of maritime frauds ?