(The second number indicates the chapter from which the question was taken (e.g., 3.1 means it is the third of ten essay questions and the answer to the question can be found in Chapter 1. )Depending upon the requirements of the question, your response to each should be a minimum of five sentences.)

Chapter 11-15 Essay Questions

1.11 Describe the typical steps followed in a grievance case.

2.11 Grievance arbitration procedures are often very costly and time-consuming. What are some of the alternatives to this process in the union sector?

3.12 Give a brief overview of how participation programs evolved in the union sector from the 1970s on.

4.12 How do labor leaders and unions generally view employee ownership?

5.13 What factors contributed to the growth of public sector unions and public sector collective bargaining in the 1960s?

6.13 Describe the reforms that have taken place in public education in the late 1990s. Discuss the reasons for these reforms.

7.14 Briefly describe how codetermination works in Germany.

8.14 What are some of the factors that make it difficult for unions to coordinate their efforts across national borders?

9.15 What are some of the key components of the current U.S. labor policy?

10.15 Describe the key features of the new labor policy advocated by the authors.

QUESTION 1

You and your workmates have come together to form an investment group called Pamodzi Investments; requiring each member to make monthly deposits into a pool account. You are planning to use these funds to create a portfolio of investments in preparation for you retirements.

Todate, the balance in the pool account amounts to K150,000-00 and you are about to make your first investment. However, there is a challenge due to different preferences of which securities to invest in. As a way towards consensus, a colleague proposes to consider the Collective Investment schemes that are available on the market. He has heard that this is a better way of accessing diversification benefits for small investors.

As an Investment Analyst in the group, you have been approached by your colleagues to advise on the options to consider and how to set up some investment guidelines for the operations of the group.

Required:

1. Explain the relevance of having an investment policy while highlighting its key component parts.

[15 Marks]

2. Explain the justification of the Modern Portfolio Theory approach to creating investment portfolios.

[15 Marks]

3. Explain diversification and how it could be achieved in this situation with reference to Zambian financial markets.

[10 Marks]

D)Explain the main investment asset classes available in Zambia while providing examples of the common securities available under each type.

(1) Describe the top-down budget method. What are its advantages and disadvantages?
(2) Describe the bottom-up budget method. What are its advantages and disadvantages?
(3) Which budget method (top-down or bottom-up method) is more likely to result in budgetary slack? Why?​

(1) Describe the top-down budget method. What are its advantages and disadvantages?
(2) Describe the bottom-up budget method. What are its advantages and disadvantages?
(3) Which budget method (top-down or bottom-up method) is more likely to result in budgetary slack? Why?

can you answer this question correct:

Explain fully, with examples, what dollar cost averaging is. What will happen (1) if the price of an investment trends down overtime; (2) trends up; (3) trends down then up; and (4) in real life? Use excel to model and graph the resu

Each​ year, tornadoes that touch down are recorded. The following table gives the number of tornadoes that touched down during each month of one year. Determine the range and sample standard deviation.

4
3
51
123
197
95
67
93
64
64
102
107

If I subtract a constant B to all of the numbers, the measures of the center will ___ (go down by B / not change) and the measures of spread will ___ (go down by B / not change). If I divide all of the numbers in a list by a constant A, the measures of the center will ___ (be divided by A / not change) and the measures of spread will ___ (be divided by A / not change). is an example of a _____ ________. Another example is

Bill’s demand for hamburgers (a private good) is Q = 20 – 2P and Ted’s demand is Q =10 – P.a. Write down an equation for the social marginal benefit of the consumption of hamburgers. b. Now suppose that hamburgers are a public good. Write down an equation for thesocial marginal benefit of hamburger consumption.s