Upward communication is the flow of information from front line employees to managers, supervisors, and directors. Upward communication keeps managers aware of how employees feel about their jobs, policies and procedures, and the business in general. Some advantages of upward communication are: Feedback : Managers can get feedback from employees that can help improve organizational development. Employees who are encouraged to provide feedback feel respected and that they have a say in how the organization is run. Mutual trust : Mutual trust brings employees and managers closer to each other. As trust grows, relationships between employees and managers become stronger. Introduction of new policies : Front line employees do the work every day. They can usually tell managers if something works or doesn't work. Employees can be instrumental in forming new policies or changing those that are outdated.
There are three commodities –the first commodity has a negative price, at −1 per unit; the second commodity is priced at +1 per unit while the third...
Transaction demand for money, Mt = 0.7Y. Speculative demand for money, MSP = 50 – 150i ; Money supply Ms = 150. LM equation from the above data is _...
The minimum rate at which the central bank re-discounts bills held by commercial banks is called:
In a model with two goods, x & y, with x plotted on the horizontal axis, the price consumption curve generated by changing the price of x is parallel to...
What is the output elasticity of labour in the following production function?
Q = 10L0.5K0.5
If, C = 250 + 0.5 (Y-T) , I = 250-500i, i=0.1 and G=T= 300. What will be the equilibrium level of income?
What is the value of the balanced budget multiplier?
From the following data, find Personal disposable income.
For the following demand curve, Q=10P-2 , calculate the profit made by the monopolist when Marginal cost is Rs.2 What is the supply curve of a firm in Perfect Competition? |