Differentiate between retrenchment and redundancy..

Answers

Answer 1

Answer:

The employer makes a position redundant when its duties are no longer required to be done by anyone. Once the position is redundant, the person doing its duties may either be redeployed (given another job) or retrenched (lose their job and not be offered another).

Answer 2

Final answer:

Retrenchment is a broader strategy to cut costs, potentially through layoffs, while redundancy is the elimination of positions that are no longer needed. During economic downturns, companies may use retrenchment or redundancy to adjust their workforce in line with reduced demand or to reduce operational costs.

Explanation:

The concepts of retrenchment and redundancy are often used when companies need to make changes to their workforce due to economic pressures or business restructuring. Retrenchment is a broader term that refers to the reduction of costs or spending in response to economic difficulty, which can include layoffs as a strategy to improve financial stability. In contrast, redundancy refers specifically to the elimination of positions because they are no longer necessary due to changes in the company's operations, such as automation, mergers, or shifts in market demand. Both are mechanisms used by firms to address financial challenges, with retrenchment being more about a general cutback and redundancy about specific job roles no longer being needed.

During times of restructuring, which can include mergers or shifts to lower-cost operating regions, firms may resort to retrenchment to save money, which can involve reducing headcount. Similarly, during a recession when demand decreases, firms may shy away from immediate layoffs in anticipation of a potential demand rebound, avoiding the costs of rehiring and training. However, they might eventually decide on layoffs or firings when they're confident that the reduction in demand is not temporary. The adverse selection of wage cuts argument also supports this by highlighting that wage reductions might lead to a loss of the best workers, prompting firms to choose layoffs of particular workers over general wage cuts.


Related Questions

How is production related to supply

A. higher production results in a greater supply

B. Lower production results in a poorer quality of what is supplied

C. Stable production results in a decreased interest in the supply

D. Maintained production results in a fewer governmental controls of what is supplied

Answers

Answer:

A. higher production results in a greater supply

Explanation:

Answer:a

Explanation:

Which tasks would be performed by someone in an Administration and Information Support career?

A) Analyzing information to predict future sales and supervising others
B) Answering telephone calls and filing paperwork
C) Training employees and administering employee benefits
D) Hiring and firing employees and approving budgets

Answers

Answer:

answering telephone calls and filing paperwork

Hope this helps you out!

Answer:

Your correct answer is B) Answering telephone calls and filing paperwork

Explanation:

Match the activities to the type of income they generate.

dividends /rent /interest /intellectual property /sales /capital gains /multilevel marketing sales

Portfolio Income | Passive income

Answers

Answer:

plato answer

Explanation:

Answer:

portfolio income: Dividends, Interest, capital gains

passive income: Intellectual property sales, multilevel marketing sales, rent

Explanation:

passive incomes are incomes that require less work from an individual to earn and maintain. in some passive income model it requires that the individual put in little efforts to maintain it. and this type of passive income is termed a progressive passive income. examples of such income are : Rent earned on property, income made from intellectual property sales and so on

Portfolio income are incomes that earned from various type of investment made by a person such kind of income comes in the form of dividends, interest and capital gains and all this are made from invests made by an individual.

______ are stocks and bonds representing secured or asset-based claims by investors against issuers.

A. Commodities
B. Securities
C. Private placements
D. IPOs

Money frees society from a system of barter. In so doing, money is performing which of the following functions?

A. Medium of exchange
B. Unit of account
C. Store of value
D. Determination factor

Answers

Answer:

1) C

2) A

Explanation:

Answer:

Private placements are stocks and bonds representing secured or asset-based claims by investors against issuers.

Money frees society from a system of barter. In so doing, money is performing which of the following functions? Medium of exchange

During the purchase phase for a new car, Larry creates a _____ that includes Chrysler 300 and Toyota Avalon, but does not include Hyundai Azera.

Answers

Answer:

Consideration Chart

Hope this helps...

Which best describes a central bank's primary role?

Answers

Answer:

Control money supply and Limiting inflation

Explanation:

The primary function of the central bank is to control the cash supply in the economy. It is in charge of issuing cash for the administration. The goal of the central bank is to guarantee the internal and external strength of the money. Internal dependability implies keeping the buying influence of the cash flawless and avoiding its weakening. At the end of the day, it needs to keep up the rate of inflation within tolerable limits.

External stability suggests keeping a balance among export and import or aversion of the outside trade estimation of residential cash from deterioration. In developing nations, the central bank is additionally concerned about the advancement and improvement of the economy.

Answer:

a e2020

Explanation:

[WILL GIVE BRAINLIEST ANSWER]
“Warren Buffet is one of the worlds best at identifying stocks that will increase in value, yet he warns most investors not to “try this at home” why not?”

Answers

Final answer:

Warren Buffett advises against stock picking as it's tricky and unlikely to consistently outperform the market, given the random walk behavior. He recommends a long-term investment strategy that emphasizes savings and education over short-term speculation.

Explanation:

Warren Buffett warns most investors against attempting to pick stocks because it is an exceptionally challenging task that even financial professionals find difficult to do successfully over long periods. The market behavior is often referred to as a random walk, which implies that predicting which stocks will outperform the market consistently is nearly impossible. This is illustrated by the fact that a majority of mutual funds fail to beat the market average. Additionally, for the average person who isn't dedicating their full time to financial analysis, the prospect of outperforming professional investors is bleak. Instead, building wealth gradually through education, savings, and time is a more reliable path.

Many investors are trying to identify companies that will earn high profits, which results in the stock price being adjusted to high expectations, minimizing the margin for substantial gains. The principle of the random walk suggests that since information is rapidly disseminated and incorporated into stock prices, the subsequent movements of these prices are unpredictable and independent of past movements. Buffett's advice aligns with this theory, endorsing a more cautious approach of investing for the long term rather than attempting short-term gains through stock picking.

50 points need the answer

Answers

Answer:

B.

Explanation:

It transfer ownership in consumers

The answer is B.

Hope this help :)

Penalty apr is interest that applies to the balance if___.
Select The best answer from The choices provided.
A. payments are on time
B. Payment are late
C. Purchase are not made in the introduction period.
D. Purchase are made after the introduction period.

Answers

It’s c because purchase are not made in the introduction period

Hi D. Is your answer penalty APR happens when you buy something after the lower percentage introductory rate.

what type of Maintenance can help the computer operate efficiently?
A) changing the screensaver
B) doing a disk cleanup
C) plugging in the power
D) printing the user manual​

Answers

Answer:B. doing a disk cleanup

Explanation:

Answer:

The Correct Answer is B

Explanation:

For newer knowledge, see our more modern reports:

Everyone likes computers when they operate. Back up your data. Cleaned dirt from your computer. Freshen up your cabling, and everything other too. Coordinate your foundation disks. Run antivirus and spyware scans periodically. Tidy up your software. Freshen up your OS.

When using price competition, a business does not want to have the most expensive product on the market.

Answers

Answer:

Because over pricing stuff would lead customers to go to the competition because they have a lower amount for the same product.  

Explanation:

Answer:

the  answer is true

Explanation:

Write a paragraph to explain how profits, incentives, and competition motivate households and businesses.

Answers

Answer:

Profits can buy you stuff and you need it to live you can also invest your money to start a business

Explanation:

Answer:

You can make each point DarkOoreo (I think that's how you spell it) stated and put it into sentences. To help you with your last sentence, say "In general, blablabla (sum everything up restating it your main points)" or "In all, blablabla (sum everything up restating it your main points)".

(Sorry I couldn't do it for you, I'm currenlty trying finish my hw and just wanted to give you little pointers.)

The supply of shoes dropped. Stores are having a hard time finding enough shoes to sell. What will happen to the price of shoes?

Answers

Answer:

The price of the shoes will increase.

Explanation:

It is supply-and-demand. In this case, the supply is low but the demand is high so the store(s) have to raise the prices.

Consensus ad idem means which of the following?
A)meeting of minds B)Agreement of the people
C)Agreement to pay D)none of the above

Answers

The correct answer is A. Meeting of minds.

Explanation

Consensus ad idem is a Latin term that literary means "meeting of the minds",  this phrase refers to the agreement or consensus between parties. This term is generally applied to contracts, where both parties must accept and propose certain conditions for the contract to develop well. This consensus must be between both parties because in case this does not occur, one of the parties may be forced by a court to act to repair the breach. So, the correct answer is A. Meeting of minds.

Final answer:

Consensus ad idem is a Latin term used in law, translating to 'meeting of minds'. It indicates a mutual agreement where all parties share the same understanding about all terms.

Explanation:

The term consensus ad idem is a Latin term used in law, and its translation means 'meeting of minds'. It refers to a mutual agreement between two or more parties in which all parties share the same understanding and are in agreement on all terms.

It is a fundamental concept in contract law because for a contract to be valid, there must be a common understanding or consensus ad idem between all parties involved.

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Lilly Ledbetter was a manager at a Goodyear plant. She sued after learning that she, the only female manager was paid less than all the male managers, even a man she trained. The case went all the way to the Supreme Court where the majority decision was in Goodyear’s favor – not because they had not discriminated, but because the court ruled that the existing law required she would have to have filed her case within 180 days of being hired (even if she did not know her pay was less until much later when someone leaked this information to her). Supreme Court Justice Ruth Bader Ginsburg, who is renowned for her legacy on striking down laws that discriminate against women, wrote a scathing dissent in which she called for Congress to change the law because, she argued, the Court overlooked the way pay disparities often occur, in a way to hide the discrimination. Because of Justice Ginsburg’s ability to clearly argue her point of view, Congress changed the law and the Lilly Ledbetter Fair Pay Act of 2009 was created to help ensure equal pay regardless of gender. Please construct a one-paragraph reasoned and persuasive argument stating if you believe that there should be a law ensuring pay is equitable regardless of gender and what reasoning you would use to convince another person of your view.

Answers

Unlawful employment practice based on the discrimination on the basis of colour, race, sex, religion, origin, etc is against the law. Lily Led-better sued the company after knowing that she’s been paid less than the male managers for the same work done and at the same time employed.

She is entitled to the equal amount of salary that the employees at her level or status are getting. Within the organization, if there is discrimination based on sex, race etc upon payment of wages or salary it will be against the rule of law.

1. If you want to dispute any information included in your credit file, you

A Need to write a letter or file a report online with the credit bureau.

B need an attorney to write a letter.

C have no right to protest and must wait until the credit bureau removes it from your file.

D must sue the credit bureau.

2. Which of the following statements is FALSE?

A Building a good relationship with a banker can help you get a loan.

B Lenders are most concerned about your ability to repay the loan.

C Qualifications for borrowing money are basically the same from lender to lender.

D When shopping for a loan, it pays to compare lenders.

3. Your credit file contains much information about you, including

A. your age.

B.the number of times you apply for credit.

C. the place where you work and your supervisor’s name.

D. your race.

4. APR is the

A. Applied Personal Rate.

B. Annual Personal Rate of Interest.

C. Applied Percentage Rate.

D. Annual Percentage Rate.

5. A prepayment clause allows the borrower to

A. pay lower interest rates if they make their payments on time.

B. borrow additional funds as needed.

C. skip a loan payment without penalty when they do not enough money to pay their bills.

D. make additional payments or pay off a loan early.

6. In Oklahoma, MOST consumer protection laws are enforced by the

A. Oklahoma Bankers Association.

B. Oklahoma Department of Treasury.

C. State Attorney General’s Office.

D. State Office of Personal Finance.








Answers

Answer:

1, a

2,a

3,b

4,d

5,a

Explanation:

Mr. Skinner has quit his job in order to look for another one. Mr. Skinner

Answers

must have an idea of what he wants to do and have a list of his past jobs ,  skills listed , and have his education ( high school and college if he finished or if he went to college )

Answer:

He wants to do and have a list of his past jobs ,  skills listed , and have his education high school and college if he finished or if he went to college

Explanation:

Supporters of rent control say that it _____ the price of renting an apartment. raises lowers does not change

Answers

Answer:

The answer is lowers.

Explanation:

Supporters of rent control say that it LOWERS the price of renting an apartment.

Rent control is an administration program that puts a limit on the sum that a landowner can charge for renting a home or for renewing lease  

Rent control laws are typically established by regions and the subtleties differ broadly. All are planned to continue living costs reasonable for lower-salary occupants.

Rent control laws mostly limit the amount a landlord can increase rents on existing tenants.  Therefore Rent control is controversial. In fact, 37 states have laws that forbid local governments from enacting such measures.

What is an outcome? (Select the best answer.)
The reason an employee has a certain attitude
The things an employee says and does
The likelihood that an employee will succeed
The end result of an employee's work behavior

Answers

Answer:

The end result of an employee's work behavior is an outcome

Explanation:

which of the following does not own the factors production A. the market B.householdes C .individuals D.firms

Answers

Answer:

Individuals

Explanation:

Gradpoint

Final answer:

The market does not own factors of production; it is merely a structure where transactions occur. Households and individuals own the factors which they sell or lease to firms. In contrast, firms are involved in producing goods and services using these factors.

Explanation:

The entity that does not own the factors of production among the options provided is A. the market. Factors of production consist of land, labor, capital, and entrepreneurship. These are owned by households and individuals, which they sell or lease to firms through different markets.

Households and individuals provide labor and other resources (land, capital, raw materials) that firms require to produce goods and services in the factor market. Firms then pay for these inputs with wages and other factor payments. This implies that households and firms are actively engaged in the exchange and ownership of factors of production.

Firms utilize the factors to produce goods and services, which they sell to households in the goods market. In contrast, 'the market' is a concept referring to the various structures and mechanisms through which transactions occur between buyers and sellers, and does not own resources. Instead, it facilitates the exchange of ownership for goods, services, and factors of production between entities.

Each worker doing a small part of the overall manufacturing process is known as
A. specialization.
B. interchangeable parts.
C. automation.
D. appreciation.

Answers

The correct answer is A. specialization. Specialization enhances productivity and quality by allowing workers to focus on specific tasks. This principle is widely used in industries like car manufacturing.

Specialization allows workers to concentrate on specific tasks, leading to higher productivity and quality. It is a key component of the division of labor, where tasks are divided among workers to enhance efficiency.

This principle is often applied in various industries such as car manufacturing, where each worker is responsible for a particular part of the assembly process.

4. Use the recipe shown in the table to answer the questions below. Use pictures, tables or number
sentences to solve the task.
Grandma's Recipe for Sugar Cookies
1 cups butter
2 cups sugar
4 eggs
% teaspoon baking powder
1
cups flour
4 teaspoon salt
a) How many cups of sugar are needed for each egg? How do you know?

Answers

Final answer:

Using the provided recipe, you need half a cup of sugar for each egg, which is found by dividing the total cups of sugar by the number of eggs.

Explanation:

To determine how many cups of sugar are needed for each egg according to Grandma's Recipe for Sugar Cookies, we look at the recipe's ratio of sugar to eggs. The recipe calls for 2 cups of sugar and 4 eggs. We use a simple division for this calculation: 2 cups of sugar \/ 4 eggs = 0.5 cups of sugar per egg. Therefore, you need half a cup of sugar for each egg.


I really need help with this weustion :_:

You can either go to a movie or go bowling. If you choose the movie,
A: you will spend far more on the movie then you would on bowling
B: you will have made the choice that has the most benefit
C: your opportunity cost is the amount of money you pay for the movie
D: your opportunity cost is the time and experience of bowling

Answers

Answer:

B

Explanation:

It has the most benefit and will most likely require less/no money.

The answer is C.  Your opportunity cost is the amount of money you pay for the movie

Explanation:

HELP ASAP! GIVING BRAINLIEST

Your policy says you have 50/100/30 coverage.

Answers

The correct coverage for this policy is as follows: $50,000 coverage for injuries to one person in one accident, $100,000 coverage for all injuries in one accident and $30,000 coverage for all property damage in a single collision. Correct choice is 2, 4 and 6.

This is commonly denoted as "50/100/30 coverage," where the first number represents the bodily injury coverage per person, the second number represents the bodily injury coverage per accident, and the third number represents the property damage coverage per accident.

The "50" in the notation stands for "$50,000 coverage for injuries to one person in one accident." This means that if one person is injured in an accident covered by this policy, the maximum amount the insurance company will pay for their injuries is $50,000.

The "100" in the notation stands for "$100,000 coverage for all injuries in one accident." This means that if multiple people are injured in the same accident covered by this policy, the maximum amount the insurance company will pay for all their injuries combined is $100,000.

The "30" in the notation stands for "$30,000 coverage for all property damage in a single collision." This means that if there is property damage (e.g., damage to someone else's vehicle or property) in the accident covered by this policy, the maximum amount the insurance company will pay for all property damage combined is $30,000.

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Justin signed a finance agreement for his rent purchase what is the total amount he will pay back under this agreement?

Answers

Answer:

3072

Explanation:

In the graph, what might explain the movement of the demand curve from D1 to D3?
A) a surplus of the product
B) a decrease in the general income of the region
C) a decrease in the price of a substitute product
D) a decrease in the price of a complementary product

Answers

Answer:

The answer is D

Explanation:

Answer:

your correct answer is D) a decrease in the price of a complementary product

Explanation:

Having a funny voicemail message is a good idea, because it shows the employer your sense of humor. Please select the best answer from the choices provided T F

Answers

Answer:

F

Explanation:

Most of the times, for a company to have a funny voice mail message is NOT a good idea.

People who contact a company want to get serious service and attention, they want to talk business, buy a product/service or have their billing/technical issues addressed and so on.

However, there are a few cases when it could be appropriate... like if you're a clown company, a circus company, a TV comedy production company or a jingle company.... because humour is your trademark, that's what you do.

Answer: The correct answer is FALSE

Explanation: Leaving a “funny” message can show you as childish and unprofessional

Once information is memorized, a student does not need to revisit that information because it is permanently stored in their brain for later recall. Please select the best answer from the choices provided T F

Answers

Answer:

F

Explanation:

We all know that it's not true.   Memory is not permanent... we don't recall everything forever.

A full learning process goes way beyond the simple memorization, our brain needs to have the knowledge put into practice over and over before we can actually remember it permanently and be able to find that information back in our mind upon request.

That's the use of the homework to be able to practice newly learned skills.

Hello there!

Answer:

Your answer would be False.

Explanation:

The reason why your answer would be FALSE is because memories are actually not permanently stored in the brain.

Lets give you an example. We could go through many classes in school and learn things. We mostly went through times like memorizing stuff for a test, in which our memory is only set for that test. I remember taking many tests for science class, in which I had to memorize things. I remembered the stuff during the test, but now I don't remember the stuff. That proves that information is not permanently stored in the brain. The only way you could remember the stuff again is when you practice and practice on certain things or you keep doing or using the stuff you memorized on a daily basis. It's more so a "refresher" in order to get the memory back. This proves why the statement would be false.

Vineyard Corporation, a manufacturer of fine wines, began the year 2012 with 20,000 bottles in inventory. The company estimated the budgeted sales for the four quarters of 2012 to be 200,000 bottles, 150,000 bottles, 250,000 bottles, and 400,000 bottles, respectively. The management feels that an ending inventory of 10% of the subsequent quarter's sales is appropriate. What are the production needs for the first quarter?

Answers

Hello, thanks for using Brainly.

The main key information is this: "began the year 2012 with 20,000 bottles in inventory. The company estimated the budgeted sales for the four quarters of 2012 to be 200,000 bottles, 150,000 bottles, 250,000 bottles, and 400,000 bottles, respectively. The management feels that an ending inventory of 10%"

The numbers are our main focus. To be able to get your answer you need to a little math with the numbers. Keep in mind you divide what he get's for the first quarter.

Therefore, you have 195,000 bottles.

Final answer:

The production needs for the first quarter for Vineyard Corporation, given an initial inventory of 20,000 bottles and projected sales of 200,000 bottles, plus the need to maintain an inventory representing 10% of the next quarter's projected sales, is 195,000 bottles.

Explanation:

The production needs of a company refers to the number of units that must be manufactured to meet customers' demands. In the case of Vineyard Corporation, which began the year 2012 with an inventory of 20,000 bottles, the management feels an ending inventory of 10% of the subsequent quarter's sales is ideal.

Therefore, the production needs for the first quarter would have to cover the difference between the inventory at the start of the quarter and the expected sales for the same quarter, plus 10% of the following quarter's projected sales.

To calculate the production needs, we start with the expected sales for the first quarter which is 200,000 bottles. Then, we add 10% of the second quarter's expected sales which is 15,000 bottles (10% of 150,000). After that, we subtract the bottles in the initial inventory which is 20,000 bottles from the total demand of 215,000 bottles to get our answer. So, the production needs for the first quarter is 195,000 bottles.

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Designing a candy bar country and to whom will it be sold

Answers

Answer:

When creating a company you should consider your target audience

Explanation:

Your target audience would most likely be little children. Therefore you would make it attractive to them

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