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...
-
Write a pseudocode algorithm to input the height and width of a right-angled triangle and check that these values are positive and less than the maximum values given in question 1.
-
What is required when necking down foot bolts to eliminate a motor foot that is bolt bound?
-
The following describes a purchasing process at Ludlow Winter Sports, Inc., a manufacturer of skis, snowshoes, and other winter recreational gear. The description here is limited to the process for...
-
Common - Size Balance Sheets Following is the balance sheet for 3 M Company. Prepare common - size balance sheets for 2 0 1 4 and 2 0 1 3 . Round answers to one decimal place. ( i . e . , 0 . 8 8 6...
-
One of the theories regarding initial public offering (IPO) pricing is that the initial return y (the percentage change from offer to open price) on an IPO depends on the price revision x (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?
-
Explain preferential independence in your own words. Can you cite an example from your own experience in which preferential independence holds? Can you cite an example in which it does not hold?
-
Rose is single and has total income of 12,300 in 2021-22. She makes a gross deductible payment of 25 during the year. Show her income tax computation for the year and determine the amount of tax...
-
In 2021-22, Peter is granted a 12-year lease on a property, paying a premium of 40,000 to his landlord. He immediately grants a 4-year sub-lease to Paula, receiving a premium from her of 14,000....
-
Vivian Hildenbrand and Tom Hildenbrand began living together in Oregon in 1975 and continuously did so until Toms death in 1984. During this time, pursuant to mutual agreement, they cohabited and...
-
Brenda is a company director and she earns a regular monthly salary of 6,000. In December 2021 she received a 20,000 bonus. She is provided with a diesel-engined company car (registered in January...
-
Smith is an attorney who works at the firm of Johnson & Johnson. He represents Ralph Grant, who is seeking a divorce against his wife, Alice Grant. In their first meeting, Smith learns that Ralph is...
-
You have just been transferred from the Montreal office to the Vancouver office of your company, a national sales organization of electrical products for developers and contractors. In Montreal, team...
-
Marc Company assembles products from a group of interconnecting parts. The company produces some of the parts and buys some from outside vendors. The vendor for Part X has just increased its price by...
-
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...
-
Show the adjusting entries that you would make given the additional data below. In addition to the formal journal entry, please also indicate the type of adjusting entry that is being made, ...
-
I need one to three paragraphs written about the awk command in unix. Everything should be in a power point presentation. Make sure it contains the following: Command name Description How to use the...
-
If a firm does not grow as expected subsequent to convertible or bond-with-warrant issues, does that make it more or less likely that the securities will be converted or exercised?
Study smarter with the SolutionInn App