Questions
1. Diminishing returns to physical capital means that when the state of technology and human capital...

1. Diminishing returns to physical capital means that when the state of technology and human capital per worker are fixed, an increase in the amount of physical capital per worker leads to:

a smaller increase in the marginal product of labor.

a decrease in the total amount of output.

negative marginal product.

a constant amount of total output.

2. An increase in capital stock would:

shift the production function upward.

shift the production function inward.

shift the production function downward.

cause a movement to the right along a stationary production function.

cause a movement to the left along a stationary production function.

In: Economics

Classify each of the following tasks as belonging in the revenue, expenditure, human resources/payroll, production, or...

Classify each of the following tasks as belonging in the revenue, expenditure, human resources/payroll, production, or financing cycle

a. Selling bonds to raise capital-

b. Purchasing electronic components to manufacture DVD players-

c. Moving electronic components from the stockroom to the production floor to begin making DVD players–

d. Send employees for an annual training-  

e. Receiving cash payments from customers-  

f. Decide how many goods to manufacture –

g. Acquiring new equipment for our manufacturing facility-

h. Picking DVD players from the warehouse to prepare them for shipping to fill orders –

i. Estimate the allowance for bad debt –

j. Receiving timecards from employees –

k. Sell 20% interest in the company to a venture capital firm –

l. Verifying a customer’s credit limit –

m. Pay federal payroll taxes –

n. Receive purchased goods in the receiving department –

In: Accounting

1- Which of the following best describes the idea of when an individual constructs human relationship...

1- Which of the following best describes the idea of when an individual constructs human relationship and establishes trust through exchanges of favors?

Select one:

Social Exchange

Framing

2- Which of the following sequences accurately describes the order of the stages of team development?

Select one:

Launch, growth, leveling-off, maturing, and decline

Introduction, orientation, settling in, establishment

Forming, storming, norming, performing, and adjourning

Startup growth, leveling-off, maturing, and decline

Law of inclusion

Exchange of ideas

3- Disruptive behaviors that can harm group process include all of the following EXCEPT:

Select one:

a. Trying to recognize others and give them attention.

b. Being overly aggressive toward other members.

c. Discussing irrelevant matters, a lot

d. Motivating people to do better

4- Based on what we learnt in attribution theory, there are three factors that influence whether internal or external attributions are made. These three factors are __________

Select one:

Individuality, accord, and cohesion

distinctiveness; accord; and congruity

distinctiveness; accord; and congruity

distinctiveness; consensus; and consistency

5- Common work-related stressors include all of the following EXCEPT:

Select one:

Being asked to do too much

Not knowing what you are expected to do

None of the above

Being asked to do too little

In: Operations Management

Assume you are the human resource manager of a small seafood company. The general manager has...

Assume you are the human resource manager of a small seafood company. The general manager has told you that customers have begun complaining about the quality of your company’s fresh fish. Currently, training consists of senior fish cleaners showing new employees how to perform the job. Assuming your needs assessment indicates a need for training, how would you plan a training program? What steps should you take in planning the program?

In: Operations Management

Create a human resource capabilities model. 1200 to 1800 words. As part of understanding the respective...

Create a human resource capabilities model. 1200 to 1800 words.

As part of understanding the respective theories discussed and applying them to organizations to create a competitive advantage, you will have the opportunity to assess a particular aspect or aspects of the HR strategy at an organization and how the particular strategy supports the organization’s strategic business objectives.

1. An introduction.

2. An overview of the organization of your choice – briefly describe the nature of the organization including its history, products/services, size, and competition.

3. The organization’s business strategy.

4. The role of HR in contributing to the business strategy – What HR strategies are relevant in helping to foster the attainment of the business strategy?5. Recommendations – what are the effective practices, what else should be done, what can be done differently, etc?

5. Conclusion

Please show effectiveness in identifying and analyzing issues in the case, the adequacy of and support for the recommendations made, and the identification of potential downsides to your solutions. Include clarity and technical quality to your writing for this case. Also, please use and cite all references.

In: Operations Management

Psychological egoism is the theory that all human actions are aimed at avoiding some personal loss...

Psychological egoism is the theory that all human actions are aimed at avoiding some personal loss or gaining some personal benefit. If the theory is true, then altruism—the direct desire to benefit others for their own sake—does not exist. Psychological egoism is a descriptive theory about how people do behave rather than an ethical theory about how they ought to behave. Still, the truth of psychological egoism would have important ethical implications. Because we can’t be morally obligated to do the impossible, the truth of psychological egoism would mean that we cannot be obligated to behave altruistically. Accepting this would require us to substantially revise our ideas about morality.

There are a number of arguments for psychological egoism. One argument begins with the claim that every action is based on the strongest desire of the person performing it. For this to support the theory, however, the egoist must make the case that all of our strongest desires are for personal gain. A second argument claims that people always expect their actions to make them better off.

Ethical egoism is the theory that actions are morally right just because they best promote one’s self-interest. Although psychological egoism is one source of support for ethical egoism, one can consistently accept ethical egoism—the view that we ought to behave self-interestedly—while rejecting psychological egoism—the view that we always do behave in this way. Ethical egoism faces a serious difficulty at the outset: the theory implies that it is morally right to kill, rape, and steal any time these actions would be in our self-interest. These actions seem to be paradigmatic cases of immorality. This doesn’t prove that ethical egoism is false because our conventional ideas about morality could be mistaken. It does suggest, however, that we should accept ethical egoism only if there are strong arguments in its favor.

Egoists have advanced several arguments to support their position. Some claim that everyone would be better off if we were all to behave egoistically. According to egoism, however, the fact that something makes everyone better off is morally irrelevant, so this argument cannot support ethical egoism. Many egoists invoke libertarianism, according to which all of our moral duties derive from the sources of consent and reparation, to support egoism. The egoist cannot consistently accept such a view, however, because ethical egoism is committed to the idea that consent and reparation do not generate obligations—only self-interest can do so. The best argument for ethical egoism claims that if we’re morally required to do something, then we have good reason to do it. Furthermore, we have good reason to do something only if it makes us better off. This latter claim is questionable, however, because there seem to be cases in which we have good reason to do something (say, help a stranger) even if doing so does not benefit us.

Egoism also faces three serious problems. As mentioned before, it violates many widely shared moral beliefs. In addition, it cannot allow for the existence of moral rights that protect us from interference from others. After all, if violating my supposed rights would benefit you, egoism says that you morally ought to do so. Finally, egoism seems to arbitrarily elevate the interests of a single person over everyone else, and it is not clear how to defend such a bias. Given that the main arguments for egoism fail and that the theory suffers serious problems, we seem to be justified in rejecting it.

After reading the above text answer the following.

"What is the relationship between psychological egoism and ethical egoism? Define each theory and explain how they are similar and how they differ. Does accepting one theory commit you to accepting the other? Does rejecting one commit you to rejecting the other? Why or why not?" Write at-least 200 words.

In: Psychology

You are a human services professional at an emergency shelter. A major flood has recently occurred...

You are a human services professional at an emergency shelter. A major flood has recently occurred in a nearby community, destroying many homes and businesses. Your new clients are the Rodriguez family: father, Michael; mother, Sarah; and twin 9-year-old daughters, Cynthia and Mary. The Rodriguez family has lost their home in the flood, and does not have flood insurance. In addition, the family's livelihood has been compromised because the restaurant where Sarah worked was destroyed in the flood. Michael is a full-time student, so the family has lost its only source of income. Identify and briefly describe the crisis/es facing the Rodriguez family. Describe the basic needs that first must be addressed for the family. Describe what the family's ongoing needs will be. Explain which issues will need to be addressed in order to remove the Rodriguez family from their current crisis/es. Explain which model(s) of intervention you might use to address the family's basic and ongoing needs, and why. Select at least three specific skills and/or strategies that would assist you in implementing the model(s) you selected. Then explain how you might execute these skills and/or strategies and why they might be effective in addressing the family's basic and ongoing needs. Support your Application Assignment with specific references to all resources used in its preparation. You are asked to provide a reference list only for those resources not included in the Learning Resources for this course.

In: Psychology

Assume you are the human resource manager of a small seafood company. The general manager has...

Assume you are the human resource manager of a small seafood company. The general manager has told you that customers have begun complaining about the quality of your company’s fresh fish. Currently, training consists of senior fish cleaners showing new employees how to perform the job. Assuming your needs assessment indicates a need for training, how would you plan a training program? What steps should you take in planning the program?

In: Operations Management

For millions of years our human ancestors were mobile foragers (hunter and gathers). There were no...

For millions of years our human ancestors were mobile foragers (hunter and gathers). There were no governments (states). About 13,000 years ago some people began settling down becoming sedentary and engaging in early forms of agriculture. Three of the earliest settlements were along the Nile river in Egypt, the Euphrates river in the Middle East, and the Indus river in India. River valleys such as these are often very fertile for agriculture because of flooding and the possibility of irrigation.

Assume that these were simple economies with a fixed number of people and two goods, food and leisure, food was produced using an agricultural technology which employed labour and the land and water of the river valley to grow the food. Also imagine that each farmer had enough land to grow enough food, some living along the riverfront and others living inland.

Would you expect completely decentralized competitive private market behaviour in this economy to lead to a Pareto efficient outcome? Fully explain your answer in terms of what you have learned in the course. Most of your marks will be for your explanation.

Based on the economy described in and your conclusions from the question above on early agricultural communities, explain how you would expect this society to develop. Explain your answer fully.

In: Economics

US corn production is used primarily to feed cattle and hogs to produce meat for human...

US corn production is used primarily to feed cattle and hogs to produce meat for human consumption and to produce biofuels. Suppose the demand for corn as livestock feed is given by: Qfeed=24.5-4P ,where quantities are in billions of bushels and the price, P, is in dollars. The US government mandates that a fixed percentage of US gasoline be blended with ethanol-based biofuel.

Assume this mandate fixes the total quantity of corn used for domestic fuel production at 10.5 m. bushels per year. Assume the U.S. supply of corn is given as Qs=3P

Suppose the government decides to eliminate the biofuels mandate. The demand for corn by ethanol producers is given as, Qfuel=12-10P (in the absence of any mandate).
(c) Derive the producer surplus in the US corn market with and without the mandate. Are producers better or worse off under the biofuels mandate?
(d) In your opinion, is the biofuels mandate a regressive or progressive policy? Explain your answer.

In: Economics