The Classical Theory Of Employment amd output The fundamental principle of the classical theory is that the economy is self-regulating. Classical economists maintain that the economy is always capable of achieving the natural level of real GDP or output‚ which is the level of real
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explosion being experienced by them. However‚ worsening the unemployment situation is the persistent lag in the growth rate of industrial employment in the face of the economic recession. In Nigeria’s case‚ industrial employment declined sharply as industrial and commercial activities were seriously affected by both external and internal factors. The shortage of employment became so acute‚ for instance‚ in the mid- 1980s‚ that Nigeria recorded a rate of unemployment of 10% in her urban cities and a little
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essay I would be talking about the various policies and issues in Singapore and how the various approaches of social justice‚ economic rationalism and civil libertarianism and equal employment opportunity make Singapore’s industrial relations equitable The approaches to equitability Civil libertarianism and Equal employment opportunity (EEO) is a strain of political thought that emphasizes individual rights and personal freedom over authority. This means that if employees feel that they are unfairly
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The following paragraphs provide more detailed information of some common employment traps. Trap 1: Pyramid Selling Schemes Be cautious about sales jobs offering handsome pay or generous commissions. Some marketing companies or companies of direct sales place recruitment advertisements and persistently persuade applicants during job interviews to buy their goods in order to join the sales business. Job seekers may be persuaded to get an overdraft or a loan from financial institutions. Some may even
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charge of discrimination‚ participating in an investigation‚ or opposing discriminatory practices; employment decisions based on stereotypes or assumptions about the abilities‚ traits‚ or performance of individuals of a certain sex‚ race‚ age‚ religion‚ or ethnic group‚ or individuals with disabilities‚ or based on myths or assumptions about and individual’s genetic information and; denying employment opportunities to a person because of marriage to‚ or association with‚ an individual of a particular
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proclaim a new era of empowerment at the company. Sportgear had a host problems.Marketshare was declining in the face of foreign and domestic competition.New product was scarce ‚ each department barely to speak one to another‚ morale was low and resumes had been flying out the door. Eventhough one of CEO at Sportsgear is starting with installing improved information technologies then pushing for customer service excellence.unfortunately one of CEO disagree with empowerment effort and he also did
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Where there is no explicit agreement between the employer and the employee that rule termination or notice‚ the court will imply into the parties employment contract an unwritten term for termination on “reasonable notice”. (footnote textbook) The contract term brings an obligation on the employer to provide reasonable notice of termination of employment or payment in lieu of notice in the event of a termination without cause. A failure to provide an employee with reasonable notice gives rise to an
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MATTHEW CABLE has completed the Firefighter Employment Scenario with the following responses: Although it’s not clear in the story whether an associates degree is a precondition for taking the exam‚ in your opinion‚ should a degree be a requirement to sit for the exam? Yes Why or why not? A Fire science degree should be a requirement to take the test. It shows that the fire fighter it trying to improve him or her self and become more knowledgeable of their craft. It also shows that they are committed
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taking advantage of a weaker power‚ but in reality the TNC”s and Northern countries are actually creating employment for those in the developing countries‚ improving the economic performance and finally they are contributing into developing a strategy for reducing poverty. TNCs and Northern countries provide internal benefits to the employees of the companies in the developing worlds and they also create employment for those who are struggling in these developing countries. TNCs and Northern countries ar
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Employment Laws Chart Complete the chart below using information from the weekly readings and additional research if necessary. | | |Court Case Influential to | | | | |Description and Requirement of Law |Establishment of Law |Importance of Law |Workplace Application
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