Economics Answers

Tashmeeka works for an international investment company. As part of the company’s employee motivational strategy, learning opportunities are provided to all staff members as they are critical to individual growth and opportunity. Which employee motivational strategy is used at Tashmeeka’s company?

Select one:

a.

Empowerment programmes

b.

Intrapreneurial incentives

c.

Training and education

d.

Job design

Clive is the HR manager of Active Wear, a sport clothing manufacturer, and one of his tasks is to do the human resource planning for the company. Which one of the following represents the second phase Clive will have to complete in the human resource planning process?

Select one:

a.

Give a summary of the job and a brief description of each main task.

b.

Describe the personal qualifications an employee must possess in order to perform the duties and responsibilities.

c.

Describe and record information about job behaviours and activities.

d.

Conduct regular forecasts of the quantity and quality of employees who will be needed in the future.

Glenda owns a self-catering apartment in Knysna. She needs to appoint a new operations manager and has approached you to assist her. The first thing you do is to determine the nature of the work being done. This is known as the job __________ .

Select one:

a.

analysis

b.

description

c.

specification

d.

nature

Samsung Electronics started as a small company, but has evolved into a world-class organisation. Research has revealed that Samsung Electronics South Africa provides exceptional employee conditions, nurtures and develops talent throughout all levels of the organisation and has demonstrated its leadership status in the HR environment, always striving to optimise its employment practices and to develop its employees. Samsung Electronics South Africa was awarded the Top Employers South Africa certification.

Source: https://www.top-employers.com/en-ZA/companyprofiles/za/samsung-electronics-sa-pty-ltd/

For Samsung to be a leader in the HR environment, it must do thorough human resource planning. Which one of the following phases is NOT part of their human resource planning?

Select one:

a.

Compiling a human resource plan

b.

Human resource forecasting

c.

Performance appraisals

d.

Identifying the work being done in Samsung

With reference to the cross price elastic od demand , classify the following values and explain type of product by providing an example

Ec = -0.5

Ec =2.1

Once a new engineer has been appointed, his/her immediate supervisor gives him/her certain responsibilities and shows the engineer how to perform certain tasks. The supervisor also encourages the engineer to discuss difficult situations as they arise and work together through alternate scenarios for dealing with them. This type of training is called _______________ .

Select one:

a.job shadowing

b.mentoring

c.vestibules

d.coaching

A decrease in the quantity of oranges supplied is illustrated by an upward or leftward shift to the entire supply curve/True or False?

From the given information

Amount in Lakhs

cost of goods sold 580

opening stock 40

closing stock 70

creditors at the beginning of the year 60

creditors at the end of the year 100

cash purchases 45

Original cost of equipment sold 400

Gain on the equipment sold 50

Accumulated depreciation on the equipment 80

Calculate:

a. Total purchases, credit purchases and payment to creditors (5 Marks)

b. Define the term Net book value, Accumulated depreciation calculate the net book value

and cash proceeds from sale of investment (5 Marks)

does the doubling of wage rate cost demand for labour to be half.discuss

. Elaborate the term Elasticity of Supply and explain any three factors that determines elasticity of supply