31) The figure above shows the market for fast food restaurant employees in a college town in a small nation to the East. The local Taco Bell pays its workers $12 an hour. This wage rate is A) an efficiency wage aimed at reducing employee turnover. B) designed reduce the unemployment rate. C) an effort to increase the demand for labor. D) the […]
81.Overall, how would you describe this cereal? a.a minimally processed food high in vitamins and minerals b.a refined-grain product containing substantial added sugars c.a whole-grain product with added fat d.an excellent source of simple but not complex carbohydrates Chocolate Crisps Breakfast Cereal Nutrition Facts Serving Size 3/4 cup (31g) Servings Per Container about 6 Amount Per Serving Cereal with 1/2 cup skim […]
159.If a company incurs direct labor cost of $82,000 when the standard cost is $84,000, it will a.debit Labor Price Variance for $2,000. b.credit Labor Price Variance for $2,000. c.debit Labor Quantity Variance for $2,000. d.credit Labor Quantity Variance for $2,000. a160.If a company assigns factory labor to production at a cost of $84,000 when standard cost is $80,000, it will a.debit […]
Case 4.2 MGN, Inc. is a Fortune 500 company that wants to manage its diverse workforce more effectively. HR is facilitating meetings among middle managers to communicate this idea and to gather input from the managers about the best way to accomplish this goal. Mercedes, a Latina manager, suggests that the company does not need to do more than what is already […]
121.Which of the following postulates that top managers typically overestimate their ability to create value from an acquisition? A. Bandwagon effect B. Fisher effect C. Hubris hypothesis D. International Fisher effect E. Learning effect 122.Which of the following is a reason why firms often overpay for the assets of an acquired firm? A. Studies supporting the rise of failed companies post acquisitions B. Evidence of high management turnover post acquisitions C. The […]
61. Hillsborough Street Manufacturing Inc. incurred the following costs in 2005: Direct materials used $37,000 Direct labor costs 45,000 Factory rent and utilities 18,000 Factory equipment depreciation 10,000 Marketing expenses 3,000 Administrative expenses 9,000 50,000 units were produced during the year out of which 40,000 units were sold for $10 each. There was no beginning or ending raw materials or work-in-process inventory. […]
21. Which of the following statements regarding fraud is false? A. Fraud perpetrated by higher-level management is harder to detect than that of lower-level employees. B. Fraud is often committed unknowingly by employees. C. The most common type of fraudulent financial reporting involves the overstating of revenues and assets and the understating of liabilities. D. Adequate internal control systems can usually detect or prevent most types of employee fraud. […]
51.Justin Company has total assets, liabilities, and shareholders’ equity of $38,000, $17,000, and $21,000, respectively, at the beginning of 2015. At the end of 2015, total assets, liabilities, and shareholders’ equity were reported at $32,000, $13,000, and $19,000, respectively.How much additional debt can Justin Company incur and still have its debt/equity ratio remain less than or equal to 1.00? a.$7,000 b.$25,000 c.$12,000 […]
71) Chance events play a role in shaping the competitive environment. Chance events are occurrences which include all but one of the following: A) major technological breakthroughs. B) wars and their aftermath. C) oil crisis. D) currency fluctuations. E) annual business meeting. 72) Del Vecchio, the Italian entrepreneur’s business principles include all but one of the following: A) “Made in Italy” is important. B) […]
11) As the recession persisted into 2009, the unemployment rate in the United States rose to ________, the highest rate since the recession of 2001-2002 and the second highest since the Great Depression. A) 5.5 percent B) 9.3 percent C) 17.6 percent D) 25.1 percent 12) In the dynamic aggregated demand and aggregate supply model, if AD shifts faster than AS A) inflation […]
Developing an Hr Plan For an international Company
Case Study
Company Overview:
ABC Manufacturing is a global conglomerate specializing in the production of automotive components. With operations spread across multiple countries, the company has a diverse workforce comprising individuals from various cultural backgrounds and skill sets. Recently, the company has been facing a dilemma regarding the implementation of remote work policies in response to the COVID-19 pandemic. The Board of Directors is tasked with making a decision on whether to adopt a permanent remote work model, a hybrid model, or to revert to a traditional office setup.
Decision Dilemma:
The COVID-19 pandemic has significantly altered the dynamics of the workplace, prompting companies to reconsider their approach to remote work. ABC Manufacturing is no exception, as the Board of Directors grapples with the decision of whether to embrace remote work permanently, adopt a hybrid model, or return to the traditional office setup.
HR Plan
1. Remote Work Policy Formulation:
· HR will conduct a comprehensive analysis of the benefits and challenges associated with remote work.
· Assess the feasibility of different remote work models (permanent, hybrid).
· Develop clear guidelines and protocols for remote work, including communication channels, productivity tracking, and cybersecurity measures.
· Implement training programs to equip employees and managers with the necessary skills for remote collaboration and performance management.
2. Employee Engagement and Well-being:
· Conduct surveys and feedback sessions to gauge employee preferences and concerns regarding remote work.
· Offer resources and support for employees to maintain work-life balance and mental well-being while working remotely.
· Foster a sense of community and connection through virtual team-building activities and regular check-ins.
· Provide flexible scheduling options to accommodate diverse employee needs and time zones.
3. Technology Infrastructure Enhancement:
· Invest in robust IT infrastructure to support seamless remote collaboration and communication.
· Provide employees with necessary hardware, software, and technical support to facilitate remote work.
· Implement cybersecurity measures to safeguard sensitive company data and ensure compliance with regulations.
4. Performance Management and Accountability:
· Establish clear performance metrics and objectives for remote employees, aligned with company goals.
· Implement regular performance reviews and feedback sessions to monitor progress and address any challenges.
· Utilize technology tools for tracking productivity and ensuring accountability while respecting employee privacy.
· Provide training for managers on effectively managing remote teams and fostering a culture of trust and accountability.
5. Diversity and Inclusion:
· Ensure that remote work policies are inclusive and accessible to all employees, regardless of their location or circumstances.
· Offer accommodations and support for employees with disabilities or special needs to ensure equitable participation in remote work arrangements.
· Promote diversity and inclusion through virtual diversity training programs and initiatives to mitigate biases in remote work environments.
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