Discuss the problems of measuring productivity in actual work situations. How might productivity be measured for each
Question:
a. Education (e.g., elementary and secondary education, higher education-undergraduate find graduate)
b. Government (e.g., the Social Security Office, the Internal Revenue Service)
c. Manufacturing (e.g., soap and toothpaste, computers, heavy machinery)
d. Finance and insurance- (e.g., banks, insurance companies, brokerage houses)
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (10 reviews)
It is sometimes difficult to measure productivity particularly for individuals Economists use fairly ...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Managerial Economics
ISBN: 978-0133020267
7th edition
Authors: Paul Keat, Philip K Young, Steve Erfle
Question Posted:
Students also viewed these Economics questions
-
Discuss the problems of gathering secondary data in foreign markets.
-
Achieving objectives Eni Corporations mission statement includes the following: Our mission is to continuously improve the companys value to shareholders, customers, employees, and society. Interpret...
-
Discuss the problems of trading off exploration and pilot testing under tight budgetary constraints. What are the immediate and long-term effects?
-
The number of hours of daylight that occur at any location on Earth depends on the time of year and the latitude of the location. The equations below model the numbers of hours of daylight in Seward,...
-
List the factors that should affect the auditors decision whether to analyze an account balance. Considering these factors, list four expense accounts that are commonly analyzed in audits.
-
True or False. Semidefinite systems are also known as degenerate systems.
-
Determine the torsional strain energy in the A-36 steel shaft. The shaft has a radius of \(40 \mathrm{~mm}\). 8 kNm 6 kNm 12 kNm 0.6 m 0.4 m 0.5 m
-
An auditor is required to obtain a sufficient understanding of each of the components of an entitys system of internal control to plan the audit of the entitys financial statements and to assess...
-
(1) William and Melinda purchased a property together in 2000 as a married couple. The deed to the property reflected that they were married. In 2020, they gave the property to their son, Mark, with...
-
Cylinder 1 of diameter 200mm and cylinder 2 of diameter 300 mm are placed in a trough as shown in fig. 3. If cylinder 1 weighs 800 N and cylinder B weight 1200 N, determine the reactions developed at...
-
Cite and discuss possible reasons a firm may actually find itself operating in Stage I or Stage III of the short-run production function.
-
Indicate whether each of the following statements is true or false. Explain why. a. When the law of diminishing returns takes effect, a firm's average product will start to decrease. b. Decreasing...
-
Match the brand name to the slogan in class. Provide a list of 10 or 20 brand names along with as many slogans and have groups match them. As a homework assignment, they can then be asked to assume...
-
A. Compare Bryans less effective and more effective claims to the Prestigio Hotel about its rate. Identify three ways that he improved the message. B. How do you think the more effective message will...
-
Consider a previously closed economy that opens up to international trade. Use the aggregate demandaggregate supply framework to illustrate a situation where this would lead to lower inflation in...
-
Short-run fluctuations in output and inflation arise from shifts in either the dynamic aggregate demand curve or the short-run aggregate supply curve. a. A decrease in the central banks inflation...
-
Explain how an open market purchase of securities by a central bank affects the banking systems balance sheet, and discuss the potential impact on the supply of bank loans.
-
A. Whats your reaction to Indra Nooyis mothers friends congratulating her mother rather than her? How did this inspire Nooyi? B. What was unique about Nooyis thank-you messages? What are several...
-
For the following exercises, one card is drawn from a standard deck of 52 cards. Find the probability of drawing the following: An ace or a diamond
-
What can scientists learn by comparing the fossilized skeletons of extinct primates with the bones of modern species?
-
In 1931, Pepsi was almost broke. The Great Depression hit it hard, and Coke had most of the duopoly market for soft drinks in the United States. Pepsi tried many things: marketing campaigns, label...
-
Nokia and Ericsson plan to introduce new handheld communications devices. However, they must decide whether to use their own software standard or a common third-party-developed standard. The...
-
Two airlines, A and B, are deciding to choose whether Atlanta or Chicago should be their major hub. Given the diagram here, find all equilibria of thisgame. AIRLINE A Atlanta Chicago Atlanta 40M,...
-
On March 1, 2017 Green Company purchased a new piece of equipment for 210,000 cash. On March 1 Green recorded the equipment purchase with a Debit to the Equipment account and a Credit to the Cash...
-
The price per share of your all-equity firm is $40, and there are 2M shares outstanding. Suppose that your firm issues $30M worth of debt. The debt has a face value of $30M, a coupon rate of 5...
-
Provide a detailed explanation explaining the importance of organizational politics in the workplace. I am providing two references that you can use in your response. Please provide the pros and cons...
Study smarter with the SolutionInn App