When is it more cost-effective to buy rather than to make competent employees?
Question:
When is it more cost-effective to “buy” rather than to “make” competent employees?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (17 reviews)
Assuming a firm has a choice is it better to select workers who already have developed the skills ne...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Managing Human Resources Productivity, Quality of Work Life, Profits
ISBN: 978-1260085358
11th Edition
Authors: Wayne F. Cascio
Question Posted:
Students also viewed these Business questions
-
When is it more cost effective to "buy" or to "make" competent employees?
-
You are given the following information: Costs Make option Buy Option Fixed Cost $125,000 $5,000 Variable Cost $15 $17 A. Find the break even quantity and the total cost at the breakeven point. B. If...
-
Jenna Suarez, the controller for Arben Company, has faced the following situations in the past two weeks: a. Ben Heald, head of production, wondered whether it would be more cost effective to buy...
-
Angela Monterey has a five-year car loan for a Jeep Wrangler at an annual interest rate of 6.7% and a monthly payment of $609.50. After 3 years, Angela decides to buy a new car. What is Angela's loan...
-
The following information relates to Ponte Manufacturing Company's workers' compensation insurance premiums for 2019. On January 15, 2019, the company estimated its premium for workers' compensation...
-
The balance sheet of Consolidated Paper, Inc., included the following shareholders' equity accounts at December 31, 2017: ......................................................................($ in...
-
Two parallel disks each of radius \(R\) are facing each other and separated by a distance \(H\). Derive an expression for the view factor between these disks.
-
George Ltd manufactures and sells two different types of coils used in electric motors, in September Jessica Martin, the management accountant, compiled the following data for the upcoming annual...
-
Question 8 YOLF Corporation Balance Sheet - Current Year YOLF Corporation Balance Sheet (in $Millions) Assets Liabilities Current Year Current Year Current Assets Current Liabilities Cash $124...
-
Xian manages security at a local casino and has an annual salary of $72,000. Xian has a disability policy that will pay 60% of her income if she becomes totally disabled and unable to work. The...
-
Discuss the kinds of employee information that managers might find to be particularly useful in a talent inventory.
-
Your company wants to encourage more employees to participate in work site wellness programs. Would you recommend rewards for participating or punishments for not participating?
-
Suppose that an attribute splits the set of examples E into subsets E i and that each subset has p, positive examples and n negative examples. Show that the attribute has strictly positive...
-
Why is commercial liability insurance often arranged in layers? What are the advantages and the disadvantages? 2. What is the difference between a following form policy and stand-alone excess...
-
CareMed stock has a beta of 1.5. With virtually no inflation, the risk-free rate of return is 3.5% and the market risk premium is 6%. Care Med stock is a constant growth stock with a dividend growth...
-
Both Mary and Peter are 32 years old. They will get married soon, but they have no plans to have children at the moment. They both live with their parents now. Their parents are retired and are in...
-
Write a C++ program (main function) which will allow a user to enter values for two arbitrary sized arrays v and w, then compute their dot product. The dot product calculation itself should be...
-
Requirements for this case analysis: Problem statement Discussion of first, second, third key issues Recommendation - executive summary First alternative with pros and cons, second alternative with...
-
The voters in the midterm 2006 elections showed that Democrat and Republican differences extend beyond matters of opinion, and actually include the way they see the world. The three most important...
-
Outline some of the major problems confronting an international advertiser.
-
This case shows how Hallmark and United Health Group use selection as part of their strategic approach to HR. (For the case, go to www.cengage.com/management/mathis or visit the instructor companion...
-
This case demonstrates how using a test after a pool of candidates has already been interviewed can present some difficulties. (For the case, go to www.cengage.com/management/mathis or visit the...
-
Because of rapid growth of your technology company, the executive team has asked HR to develop an internal training program. The purpose of the program is to help employees recently promoted to...
-
Before you begin your website, go online and research what you consider best practices in web design. Find websites for three businesses similar to yours. Analyze them by considering the following:...
-
Assume that part of accounts and other receivables on Thompson Toys' February 2 , 2 0 1 0 , balance sheet is comprised of $ 4 3 , 2 2 5 , 0 0 0 of notes receivable. Two notes make up the amount. The...
-
The Dairy Division of Famous Foods, Inc. produces and sells milk to outside customers. The operation has the capacity to produce 200,000 gallons of milk a year. Last year's operating results were as...
Study smarter with the SolutionInn App