Factor influencing demand for Labour Labour refers to the number of workers that are required to complete a specific activity. The management decides the number of workers needed for the learning of operations. The Human Resource department has the responsibility for the recruitment process and placement of employees. The demand for labour will be determined by factors such as technology, the marginal productivity of labor and labour rates (Kim, n.d.). Marginal productivity refers to the impact of workers on the total output of the firm. The management should be able to determine the marginal productivity of a labourer before recruiting an additional employee. If the marginal productivity leads to an increase in total output, then the management will hire additional employees, whereas if there is additional employee leads to a decline in output, the management should not recruit additional employees. The management may adopt technology to perform some of its activities. Technology has impacts an organization either positively or negatively. If the organization automates some of the work to be done by machines, then less number of police will be…

benefits of cost leadership and methods for attaining leadership benefits There are several processes that companies like Unilever, Procter & Gamble use to determine where to grow, and first and foremost the companies carry out research in order to gather the necessary understanding of the target market environment just by determining their close competitors, also they implement several strategies on how to beat those close competitors. According to product life cycle, the companies determine what market they should participate in and what stage their product or service is in, its life cycle: introduction, development, growth, maturity. In addition, the use of the research market and identification of market potential enables the companies to begin the development of an actual export marketing program hence marketing their sales up countries. Also, the companies make prior decisions concerning product design, pricing, distribution and channels, advertising, and communications in respect to their products owing to make the large volume of sales. For example, the companies organize some trade show or a state- or federally-sponsored trade mission in order to market their products. Understand the…

Sex, Race and Violence Abstract The world has never been a good place. However, it is impossible to keep silent when the wheels of injustices keep running over the African American community in the name of human trafficking. The worst thing is that the form of human trafficking here involves commercial sex for these ladies. Now is the time to stand up against this modern-day slavery. Even this paper is an attempt to fight this injustice in a small way. It contains the discussions on the prevalence of the vice within the African American community who hold the first position when it comes to being the victims and also the perpetrators. There is also the discussion of consequences followed by some of the strategies that the American government has employed to curb the vice. In the end, there remain some unanswered questions about this vice.     Introduction             When people think about slavery, they can only interpret it from the perspective of the ancient day injustices that happened before most countries gained independence. However, there is still slavery that…

A GDP Difference graph that summarizes the Consumer Spending of Singapore and Algeria The United Nations does categorize countries into developing and developed nations. The two nations get classified according to their economic status, for instance, the GDP, per capita income, GNP, and the Industrialization growth of the country. Developed nations such as Singapore are countries whose economy has advanced highly and own excellent technological infrastructure, as matched to other states. On the other hand, developing nations such as Algeria have a low human development index and little industrialization progress. In developing countries, it is not easy to deliver free health, security, and education to the citizens. It is easy to know a nation that struggles, and a one that assures its citizens have a high standard of living. Examine the economic growth and achievement A GDP Difference graph that summarizes the Consumer Spending of Singapore and Algeria The Gross Domestic Product of Algeria and Singapore has increased in the last decade but at different rates. The GDP of Singapore is about 364.16 billion U.S. dollars, which is an excellent…

INDUSTRIALIZATION HAD MORE LOSERS THAN WINNERS             The huge expansion in the manufacturing sector since industrial revolution was as a result of the increased knowledge in the production sector. However, all the benefits stunningly went disproportionately to the unskilled labour. Capital owners, innovators, land owners and human capital owners all realized modest gains, or no gain at all from such advances. The unskilled workers, specific women experienced enormous benefits. Comparing the number of people who were negatively affected by the trend with the few who benefited, concluding that the losers of industrial revolution were more than the winners won’t be challenged Modern growth was driven by the people who came up with new knowledge. But mostly, the knowledge creators did not reap many benefits from it. It was spilled out, and ended up rewarding the rest of the factors which cooperated in the production process (Harley, 160). In general, the ultimate incident technological advancement benefits could have been either with land, capital, or with unskilled labor contingent to the elasticity gauge while supplying the factors. Since industrialization recorded none of…