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What would be the firm’s Short-Run profits if it chooses to shut down? Should the firm keep producing in the short-run? How do you know?

Economics Problem 1: Short-Run Profit Maximization [10 points] Consider a firm that uses both capital (K) and labour (L) to produce a final product (Q) that it sells at the market price $5. The firm buys Labour at a cost of $4 per unit and capital at a cost of $10 per unit. The firm […]

Provide some suggestions of activities you could engage in to determine supply details by internal vs. external candidates.

Subject: Human Resource Management Topic: HR Plan part 1 Play the role of an HR professional and will develop an HR plan for a franchise owner. Apply HR Planning knowledge to forecast demand and supply and then develop a clear plan to address the resulting labour shortage or surplus. Conduct research and apply labour supply […]

Should one invest in education in developing countries?Discuss

Education Question- Should one invest in education in developing countries? The paper should succinctly summarise and show an understanding of; Does education generate returns in developing countries? Is labour relatively productive in developing countries? Key topics Returns to education Employment – formal and informal Evaluate the productivity of labour in developing countries Analyze the issues […]

Explain the concept of Total Quality Management and list its fundamental features.

ASSIGNMENT QUESTIONManaging Business Performance CourseworkQuestion 1 (55 marks)Coldarindesigns, develops and sells PC games. Games have a short lifecyclelasting around 3 years only. Performance of the games is measured by reference to the profits made in each of the expected three years of popularity. Coldarinaccepts a net profit of 25% of turnover as reasonable. A rate […]

Select an industry that is relevant to your field of expertise or that you are interested in. Explain current information about external labour supply or skill requirements of an organization working in that industry.

Select an industry that is relevant to your field of expertise or that you are interested in. Explain current information about external labour supply or skill requirements of an organization working in that industry. Using the same industry, you selected to address question 1, outline industrial relations relevant to the specific industry. Describe labour force […]

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