Sunday, February 23, 2020

Proposel Essay Example | Topics and Well Written Essays - 1500 words

Proposel - Essay Example to achieve the necessary goals that are needed within the workforce and can lead to more hazards and complications among workers in different work environments. To change the level of standards that are met, is also the need for health and safety standards to be communicated from those in management to those who are working in specific positions. By having the right level of communication and implementation for health and safety among management, work areas will be able to move into more conducive environments that are able to match the regulations and legislations that are currently in effect. This research paper will examine the different ways in which communication can be used among workers to provide higher levels of safety and health. There will be an understanding of the current legislation that is expected within the work force. There will also be an examination of how well managers and staff implement the expectations and requirements for health and safety. Doing this will create alternatives and changes of what is needed within the work force while providing new options and an implementation of effective programs for those that are working within a specific region. Specifically, this paper will define: By looking at these various components, there will be the ability to define the current standards for health and safety while adding in a new understanding of the gaps that are a part of health and safety. The current legislation and regulations, as well as the way that this is communicated to those that are in the work force creates a different approach to more effective results with the health and safety that is in a corporation. There are several levels and standard that have been defined by commissions and committees to enforce health and safety in the work place. The main approach is to have preventative care that is available in the work space as well as risk – assessment based approaches that will change the amount of health and safety

Friday, February 7, 2020

Economies of Scale and International Trade Essay

Economies of Scale and International Trade - Essay Example As the report states that the pricing behavior of a company is generally assumed to be based on the motive to maximize profit. Pricing decisions may not be expected to influence that of other companies in a large economy. The two major factors considered in setting a price that maximizes profit are the ‘elasticity of demand’ and the ‘marginal cost’. A key factor that determines the elasticity of demand as a variable is the output. It therefore becomes necessary to fix a ‘profit-maximizing output’ as well as a ‘profit-maximizing price’. From the research it is clear that the primary assumption deals with the mass production of some goods in a community that shares a common ‘utility’ function. As such the acceptance of these goods is considered to be uniform. It is also assumed that production ‘cost’ is a constant for all these goods, while the labor employed for manufacture is seen as a ‘linear function of output’. One factor that remains variable is the ‘elasticity of demand’ that each producer might have to tackle. While marginal costs are assumed to be stable, average costs are considered to be reducing. Manufacture of unit goods would match the numbers derived from individual consumer needs, which equals the number of individual workers. Yet another assumption is that there is ‘full employment’. An approach to a solution again is suggested in three steps. ... One factor that remains variable is the 'elasticity of demand' that each producer might have to tackle. While marginal costs are assumed to be stable, average costs are considered to be reducing. Manufacture of unit goods would match the numbers derived from individual consumer needs, which equals the number of individual workers. Yet another assumption is that there is 'full employment'. The Problem The problem is simply stated in a symmetrical manner with three variable factors that need to be arrived at: Pricing of each product in relation to corresponding wages Output of each product Total number of products manufactured The Solution An approach to a solution again is suggested in three steps. The first is to assess the 'demand curve' for a given company. The next step involves a study of the relative pricing policies that companies apply, and linking of output with the profitability factor. Thirdly, profitability as well as entry is studied to arrive at the number of companies. The demand curve for a given company is worked out by considering consumer behavior of individuals, based on budget availability and the 'marginal utility of income'. The level of individual consumption in relation to output is read as the total demand for the product of a company. The company's pricing policy can hardly influence the consumer's 'marginal utility of income' where there is mass production of goods. The pricing behavior of a company is generally assumed to be based on the motive to maximize profit. Pricing decisions may not be expected to influence that of other companies in a large economy. The two major factors considered in