The world of business has changed because of changing technology where most business operates online with the owner being in control alone hence minimizing chances of hiring More people to be managed by human resource.
Also manufacturing companies nowadays use machines instead of labourers so as to increase productivity and this makes human resource to have little chances as machines will only require people with technical skills to coordinate the operations.
The next reason is that currently most business are privately owned and those to run activities and people within the business are owners. The university should instead start teaching people in order to become entrepreneur and start businesses instead of waiting to run other people's business which is difficult currently.
sande kevin answered the question on December 26, 2017 at 07:54
- State and explain the economic ideas of Hebrews(Solved)
State and explain the economic ideas of Hebrews.
Date posted: December 6, 2017. Answers (1)
- Using the mercantilism theory on protectionism explain how the kenyan government can protect its local industries(Solved)
Using the mercantilism theory on protectionism explain how the kenyan government can protect its local industries
Date posted: December 6, 2017. Answers (1)
- Describe the following types of economic markets using clear diagrams. (1) Perfect competition (2) Monopoly (3) Monopolistic competition(Solved)
Describe the following types of economic markets using clear diagrams. (1) Perfect competition (2) Monopoly (3) Monopolistic competition
Date posted: December 2, 2017.
- According to peter Schumpeter creativity is a key to determining aspects of entrepreneurship, briefly explain the qualities of a creative person(Solved)
According to peter Schumpeter creativity is a key to determining aspects of entrepreneurship, briefly explain the qualities of a creative person.
Date posted: December 1, 2017. Answers (1)
- The managing director of a company, established before the dawn of independence is facing a problem. The company which was initially profitable and...(Solved)
The managing director of a company, established before the dawn of independence is facing a problem. The company which was initially profitable and attracted very many graduates to work with is currently unprofitable. It is operating, in the MD’s opinion, inefficiently. The company offers a wide range of communications facilities including parcel services in the country, region and worldwide. Initially, the company was a monopolist but the changing world market trends and globalization; survival will be more difficult in the future. In particular, many communications and parcel service delivery companies
are bypassing its services by not only offering door to door delivery but also offering the services at affordable rates. In addition, many of the companies that have joined the communications and parcel services have stationed themselves in various strategic positions so that customers can reach at their service delivery points at ease. As a research consultant, the MD has commissioned you to undertake a comprehensive study on the firm as a whole to determine possible strategies the company can undertake to face the existing problem.
i) State an appropriate research title for the research.
ii) Identify a possible research problem from the above case study for a proposed study.
iii) Formulate three possible research objectives and three possible research questions for the
proposed study.
iv) In formulating your objectives above, what factors did you take into consideration?
v) Briefly explain some ways that you would use to improve the reliability and validity of the study
vi) Explain any four ethical considerations that you would bear in mind while conducting your
research.
Vii) Conceptualize variables in the above situation that could be used in a conceptual framework
Date posted: November 29, 2017. Answers (1)
- Explain the Importance of transport to the economy (Solved)
Explain the Importance of transport to the economy
Date posted: November 26, 2017. Answers (1)
- According to Charles Fourier, what were the characteristics of a phalanstere?(Solved)
According to Charles Fourier, what were the characteristics of a phalanstere?
Date posted: November 23, 2017. Answers (1)
- According to Charles Fourier, what are the passion of mankind?(Solved)
According to Charles Fourier, what are the passion of mankind?
Date posted: November 23, 2017. Answers (1)
- State the proponents of non-scientific socialism.(Solved)
State the proponents of non-scientific socialism.
Date posted: November 23, 2017. Answers (1)
- State the chief writers of Roman economic thought.(Solved)
State the chief writers of Roman economic thought.
Date posted: November 23, 2017. Answers (1)
- Outline the reasons for studying history of economic thought.(Solved)
Outline the reasons for studying history of economic thought.
Date posted: November 23, 2017. Answers (1)
- State and explain approaches to study of history of economic thought.(Solved)
State and explain approaches to study of history of economic thought.
Date posted: November 23, 2017. Answers (1)
- What are the negative effects of declining population?(Solved)
What are the negative effects of declining population?
Date posted: November 22, 2017. Answers (1)
- Discuss the causes of income inequalities in Kenya(Solved)
Discuss the causes of income inequalities in Kenya.
Date posted: November 20, 2017. Answers (1)
- Explain the following terms as used in microeconomics. (a) Optimization principle (b) Equilibrium principle (c) Pareto efficiency (d) Budget set. (e) Marginal rate of substitution(Solved)
Explain the following terms as used in microeconomics
a. Optimization principle.
b.Equilibrium principle.
c. Pareto efficiency.
d. Budget set.
e. Marginal rate of substitution
Date posted: November 18, 2017. Answers (1)
- List three assumptions of well behaved preferences micro-economics(Solved)
List three assumptions of well behaved preferences micro-economics
Date posted: November 18, 2017. Answers (1)
- Outline the steps of the process of controlling.(Solved)
Outline the steps of the process of controlling
Date posted: November 17, 2017. Answers (1)
- What are the main features of classical approach as a theory of organization ?(Solved)
What are the main features of classical approach as a theory of organization ?
Date posted: November 17, 2017. Answers (1)
- State and explain macroeconomic policies used by the government to deal with macroeconomic problems.(Solved)
State and explain macroeconomic policies used by the government to deal with macroeconomic problems.
Date posted: November 16, 2017. Answers (1)
- What are the sources of a research problem?(Solved)
What are the sources of a research problem?
Date posted: November 14, 2017. Answers (1)