structure theories, a decision maker managing a firm evaluates the various costs and benefits of alternative leverage plans. Often it is assumed that an interior solution is obtained so that marginal costs and marginal benefits are balanced. The trade-off theory of capital structure refers to the concept that a firm chooses how much debt finance and how much equity finance to use by balancing the costs and benefits. The trade-off theory grew out of the debate over the…
My Teaching Philosophy The nature of knowledge should be relative. Each student is different, and their education should fit their needs. Education should help the child grow both mentally and emotionally. Students should be given the right to think on their own. They do not need a teacher who will take their free will away. Students should not have to conform to something in which they do not believe. They should have their own thought processes. The best philosophical approach…
company’s plant in Mexico and Vietnam was targeted by the activists due to the poor working conditions in there. Finally, the board members have also requested Jan to reduce the employee cost as it was suggested by Kavanagh, Thite and Johnson (2012) that comparing the employee cost of the company to the average cost in the industry, CalleetaCO’s…
Employee benefits are one of the largest investments a company makes. “Benefits make up an important component of the employment relationship, providing employees with financial protection, access to health care and programs to support work/life balance” (Kwon, J. and Hein, P., 2013 page 32). Although employers are careful in creating and managing the benefit program, they often failed to look at the other benefit programs. As a result, the employers may not get the highest return for the…
In the article Minimum-wage increase would benefit many. It talks about many reasons why raising minimum wage would be better. in the article it says that raising the minimum wage to $10.10 an hour would help people above the poverty line almost about a million. Which you can see crucially makes a…
Employee motivation and retention depend on the compensation plan advanced by the organization. Most organizations seek to develop the best benefits package to suit the interests of their employees. It is worth highlighting that, the benefits are formulated to protect the rights and interests of the firm as well as the employee. The extent of reward from the benefits would influence the performance of the employees by determining their motivation (Need, 2006). This paper analyzes the case of the…
Task 01 – a) THE CONCEPT OF PROFESSIONALISM 2.1. Professional Professional is person who is paid to study / train a specialize field and complete them for free. There are several traditional professionals such as lawyers, doctors, engineers, architects, etc. The following criteria are available with professionals. • The specialized knowledge and experience in particular field. • Good practical and theoretical skills in that profession. • Having high quality of work. • Can expect the high quality…
wage without fringe benefits or a lower wage with fringe benefits? Explain. I would prefer to have a higher wage without fringe benefits. You do not get paid with fringe benefits, so having a lower wage with fringe benefits would not allow you to make a lot of money. Not having fringe benefits is not the end of the world. It is more important to make money than have fringe benefits. It will pay off because you will earn more money in the future. Overall, not having fringe benefits and having a…
Consequentialism states that every action is related to rightness or wrongness, based on its consequences (Hope et al, 2008).For Ann, the referral from Alison was intended to provide further clarification. On the other hand, the positive diagnoses provided by Professor Lott and Dr Pound despite the difficulty encountered, resulted in Ann giving birth to a severely disabled child.ok Utilitarianism focuses on the majorities and that individuals should aim towards the greatest good over bad (Hope…
parties. Revilla and Knoppen (2015) describe the increase of trust between buyers and suppliers can lead to effective exchanges, motivational dialogs for sharing information, and combing learning activities for the benefit of buyer and supplier. Cooperation and trust are major benefits, but the resolve that relationships are healthy and effective can lead to a sense of satisfaction for all…