Review Questions Topic 2: The Nature of the Employment Relationship 1. Why is the employment relationship interdependent? In order to tap the creative and productive powers of workers‚ employers cannot treat them as any other market commodity. Employees can always bargain with their compliance‚ commitment and effort. Hence‚ to some extent‚ employers must seek a cooperative relationship with their workers in order to gain their consent to managerial directives. Employees‚ on the other hand‚ are also
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recent years with the popularization of e-books available online and e-readers that allow a person to carry a virtual library anywhere. With all the changes‚ there are some advantages and disadvantages brought by e-books. Is it feasible that it will disappear one day as its disadvantages outweigh its advantages? Advantages 1. It helps people who have trouble with their vision I believe many of you must have come across some difficulties during reading. You may complain how small the words are
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the city away from family could ask for. However‚ those who are against fast food highlight the adverse effect that it has on our health. Despite all the debate about the advantages and disadvantages that fast food has‚ the industry is flourishing. Is fast food good or bad Advantages of Fast Food The most evident advantage of fast food is that it saves time. In today’s fast-paced life‚ there is nothing better than getting a ready meal. No matter how much the chefs praise the benefits of fresh
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I completely agree with this statement because these actions demonstrate to workers that they are treated fairly and any concerns they may have are listened to and dealt within an appropriate manner. I think constructive‚ two-way communication builds an environment of trust and strengthens the relationships between the supervisors and employees. As long as employees feel that their voice is being heard and the appropriate action is being taken‚ then they should feel good about the fact that their
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Medicare Advantage The article I found is about Medicare Advantage and its main points are basically about how Obama and some democrats think that it is waste of money to have. But not everyone agrees with them. A Medicare Advantage Plan is a type of Medicare health plan offered by a private company that contracts with Medicare to provide you with all your Part A and Part B benefits. Medicare Advantage Plans include Health Maintenance Organizations‚ Preferred Provider
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Corporate Strategy "Sources of competitive advantage rarely yield added value that can be sustained over time." The following essay is going to attempt to assess the above proposition and try to find if it is possible to add value continually over a period of time. I will first discuss what competitive advantage is and what it means to a firm. Then I will explain the sources of competitive advantage and how the distinctive capabilities of a firm allow it to sustain added value. The discussion
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The theory of comparative advantage is perhaps the most important concept in international trade theory. As the economies that exist in our world our becoming increasingly more intertwined‚ it is becoming even more important. Nearly every country in the world depends on other countries to supply them with goods that they cannot produce in their own country. I believe that comparative in necessary in today’s economy. In this paper I am going to discuss comparative advantage and it’s effect on globalization
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Introduction Traditionally Australia has had government involvement in employment relations through laws governing terms and conditions of employment such as Work Choices and Fair Work Act. Australian workers have in general worked under “Awards” which set out minimum conditions for employment. The last few years have seen almost constant change in the nature of the Australian workforce and the regulations with the introduction of new legislation‚ and disagreement over the extent to which the
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COMPETITIVE ADVANTAGE 1) The petrochemical industry produces goods that are largely undifferentiated. To be profitable‚ PCG need to be the lowest cost producer. Raw materials form the majority of PCG cost of revenue. PCG competitive advantage is‚ it has access to very low cost natural gas compared to its competitor‚ which in turn‚ means a higher gross profit margin. 2) PCG is backed by PETRONAS group‚ which also owns other 4 PLC units: i) MISC Bhd ii) Petronas Dagangan Bhd iii) Petronas
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Advantages of music Affecting the brain waves According to studies it has been proven that your brainwaves can get stimulated with strong beats. The stimulation takes place to resonate in sync with the beat. Sharp beats ensure sharp concentration and it can help you attain a meditative and calm state. Music and your heart rate: Due to alternations taking place in brainwaves‚ other bodily functions also get affected. Functions like heart rate and breathing that are controlled by the autonomic
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