Understanding Balance of Payments, EU Objectives, and Economic Policies
Balance of Payments
- Current Account: Goods, services, revenue, current transfers
- Capital Account: Capital acquisition and disposal of assets
- Financial Account: Investment, change in reserves
EU Objectives
- To provide an economic process and balanced and sustainable social development.
- Establish an authentic European identity.
- Develop cooperation activities in justice and home affairs.
- To ensure effective mechanisms and community institutions.
- Protect the rights and interests of European citizens.
Convergence
Read MoreMastering Marketing: Strategies, Branding, and Innovation
Understanding Marketing: Business Orientation and Development
Marketing is a management process responsible for identifying, anticipating, and satisfying customer requirements profitably.
Types of Business Orientation:
- Market-led: Company driven by market factors, but customer focus may vary.
- Production-led: Focus on operational schedules and economies of scale.
- Product-led: Focus on product features as a key advantage.
- Sales-led: Transactions based on short-term goals.
- Technological: Driven by new technologies,
EU Employment Policies and Social Agenda: Key Priorities
EU Employment Policies and Social Agenda
These measures do not include harmonization of the laws and regulations of the Member States. Article 150 of the EC creates a consultative status to promote coordination between Member States’ employment policies and labor market. The tasks of the Committee shall be:
- To monitor the employment situation and employment policies of Member States of the Union.
- To establish opinions at the request of the Council of the Commission or on its own initiative, and contribute
Employment and Economic Benefits for People with Disabilities
Work Integration for People with Disabilities
Represents a major step in the socio-economic participation of people with disabilities. Measures have been promoted to foster employment in this sector, with support both within the normal channels and through forms of sheltered employment for people with serious or permanent disabilities.
Regular Employment Measures
Specific jobs and actions are in place to encourage the hiring of people with disabilities. Regarding the reservation of jobs:
- Firms with
Strategic Workforce Planning: Adapting to Fluctuations
Balancing Costs and Time in Workforce Planning
When there is a moderate and transient shortage of people, overtime pay can be less expensive than hiring new staff.
Managing Overwork
- Reducing wages (when you reach an agreement with the company to lower wages)
- Reducing working hours
- Job sharing (two people working half-days each)
- Early retirement (giving good bonuses to encourage it)
- Untying the initiative of the contributor
- Restricted recruitment
- Untying the company’s initiative
Decisions to Make About Excess
Read MoreUnderstanding Leasing: Types, Contracts, and Operations
Leasing: Significa lease, or arriendo. It’s a contract between a lessor and a lessee whereby the lessor, completing its agreement with the lessee, in his own name, acquires certain assets, movable or immovable, that will be leased for an agreed total price, distributed in installments, fixed or variable, over a period of time, after which, for a fixed residual value, the asset is capable of being acquired by the lessee, be returned, or be leased back.
In a leasing operation, the following parties
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