The soft skills I would like to develop and improve are leadership, emotional intelligence, and time management.
I want to enhance these skills because effective leadership will allow me to guide and inspire others, emotional intelligence will enable better understanding and empathy in relationships, and improved time management will enhance my productivity and work-life balance.
One of the soft skills I aim to develop is leadership. I recognize the importance of strong leadership in guiding teams, making sound decisions, and driving organizational success.
By honing my leadership skills, I can inspire and motivate team members, foster collaboration, and create a positive work environment. Effective leadership also involves being a good listener, providing constructive feedback, and recognizing and leveraging the strengths of team members.
Developing leadership skills will not only benefit my own career growth but also contribute to the growth and success of the teams and organizations I work with.
Another soft skill I want to improve is emotional intelligence. Emotional intelligence encompasses the ability to understand and manage emotions, both in oneself and in others. By enhancing emotional intelligence, I can develop better self-awareness, empathy, and interpersonal skills.
This skill set will enable me to navigate complex social dynamics, build stronger relationships, and handle conflicts more effectively. Emotional intelligence is particularly valuable in leadership roles, as it allows for better communication, conflict resolution, and the creation of a supportive and inclusive work environment.
Furthermore, I seek to improve my time management skills. Effective time management is crucial for productivity, efficiency, and maintaining a healthy work-life balance.
By developing better time management techniques, I can prioritize tasks, set realistic deadlines, and allocate appropriate time to different activities.
Improved time management will help me meet deadlines, reduce stress, and achieve a better balance between work and personal life. It will also allow me to maximize my productivity and make the most of my time, ultimately contributing to my overall professional success.
To develop these soft skills, I plan to attend leadership development programs, engage in self-reflection and self-improvement exercises, seek feedback from mentors and colleagues, and practice mindful time management techniques.
Through deliberate effort and continuous learning, I aim to strengthen these skills and become a more effective leader, collaborator, and individual contributor.
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1 2 3 4 5 6 7 8 9 10 which describes the difference between a personal loan and a credit card? credit cards offer lump sums of money, while personal loans set a maximum amount a person can borrow. credit cards are secured loans for large amounts, while personal loans are unsecured for small purchases. personal loans offer lump sums of money, while credit cards set a maximum amount a person can borrow. personal loans are secured for small purchases, while credit cards are unsecured loans for large amounts.
Personal loans offer lump sums of money, while credit cards set a maximum amount a person can borrow describes the difference between a personal loan and a credit card.
The primary distinction between a personal loan and a credit card is that a personal loan provides a lump sum upfront, whereas a credit card provides a spending limit. Each has advantages and disadvantages.
Personal loans provide lump sums of money, whereas credit cards restrict the amount a person can borrow. Personal loans are secured loans used for small purchases, whereas credit cards are unsecured loans used for large purchases.
If you require a large amount of cash for a project or want to pay off high-interest credit card debt, you should consider a personal loan. If you're making a small, everyday purchase, a credit card is a better choice.
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Marketers are paying more attention to ethnic groups in the United States because Multiple Choice cultural and ethnic dimensions are being preserved, which creates marketing opportunities. the number of ethnic consumers is growing at a faster rate than other populations. the wealth of ethnic minorities is growing. ethnic minorities often share buying patterns that can be important to some businesses. All of these answers are correct.
Marketers are paying more attention to ethnic groups in the United States because cultural and ethnic dimensions are being preserved. The company itself is the primary element in the immediate environment that has an impact on the consumer.
The needs of customers attention who align with their core competencies are the main focus of successful marketing companies. corporations cultural that collaborate with other corporations. The company and its near impacts, such as rival businesses and Marketers partners, are included in the immediate environment. The consumer is the focal point of all marketing initiatives. Marketers are impacted by anything that influences customers. the company's corporate partners, competitors' capabilities, and competitive intelligence. Consumer behaviour is generally influenced by four elements.
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how many ig followers do i have alexamaldonadoo go quick ill give brainliest
Write about the ways to maintain a positive body
image.
What I Should Do to Maintain a Positive Body Image
Answer:
Eat Healthy
Maintain a good diet
Meditate
Practice self confidence
Work out
Stay positive
Have a healthy mental state
Tanning Company analyzes its receivables to estimate bad debt expense. The accounts receivable balance is $390,000 and credit sales are $1,300,000. An aging of accounts receivable shows that approximately 5% of the outstanding receivables will be uncollectible. What adjusting entry will Tanning Company make if Allowance for Doubtful Accounts has a credit balance of $2,500 before adjustment? a. Bad Debt Expense65,000 Allowance for Doubtful Accounts65,000 b. Bad Debt Expense19,500 Allowance for Doubtful Accounts19,500 c. Bad Debt Expense22,000 Allowance for Doubtful Accounts22,000 d. Bad Debt Expense17,000 Allowance for Doubtful Accounts17,000
Answer:
d. Debit Credit
Bad Debt Expense $17,000
Allowance For Doubtful Accounts $17,000
Explanation:
Estimates of uncollectible ( $390,000× 5%) = $19,500
Less: Allowance For Doubtful Accounts Credit= ($2500)
Bad Debt Expense= $17,000
Putting a celebrity in an ad to increase desire for a product and move consumers toward a purchase is part of what multi-stage promotional model
Integrated Marketing Communication (IMC) corresponds to a promotion strategy whose objective is to increase the desire for a product and lead consumers to a purchase, such as placing a celebrity in an advertisement.
How is Integrated Marketing Communication carried out?The company seeks to consistently promote a message to create value and desire for a product or service through the use of different elements for promotion, such as multiple marketing channels and celebrity endorsements.
Therefore, Integrated Marketing Communication helps the company to build more persuasive and consistent marketing campaigns.
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If you could replace all of the grass in the world with something else, what would it be and why?
Answer:
I would replace it with cannabis, everyone is happier when there is green :)
Explanation:
Answer:
I would replace it with oil because oil is a rare resource
Explanation:
The legal document that describes the rights and obligations of both the bondholders and the issuer is called the bond.
The legal document that describes the rights and obligations of both the bondholders and the issuer is called the bond resolution
What is bond resolution?The instrument or documents that permit the issuance and sale of municipal securities by the issuer. The issuance of securities is typically allowed in the authorising resolution, and the sale is typically permitted in a different document known as the "sale" or "award" resolution.
The fundamental terms of the bonds are described in an official declaration. It normally provides the most complete description of the bonds' terms and features until maturity, unless and until these terms are updated.
Bond Documents include any agreements, certificates, documents, and instruments delivered in connection with any of the Financing Documents.
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if a debt is subordinated, it: is secondary to equity. is treated as an equity security. must give preference to the secured creditors in the event of default. has been issued because the company is in default. has a higher priority status than secured creditors.
If a debt is subordinated, it must give preference to the secured creditors in the event of default.
When a loan is subordinated, the holder has consented to give up their right to priority treatment in the event of default. As a result, their debt will be paid up after the obligations of senior debt holders, such as secured creditors, have been fully satisfied. The priority position of subordinated debt is thought to be higher than equity but lower than secured debt.
As a result, subordinated debt is not issued because the company is in default and is not considered an equity security. Subordinated debt is instead willingly issued by businesses seeking to raise money. Investors that choose subordinated debt often benefit from higher interest rates or other financial perks in exchange for lowering their priority rank.
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104. Training objectives are necessary to give both the trainer and the trainee goals that can be used to evaluate program success. True False
Training objectives are necessary to give both the trainer and the trainee goals that can be used to evaluate program success is True.
Training objectives provide a clear understanding of what the training program intends to accomplish and what trainees are expected to achieve. These objectives serve as goals for both the trainer and trainees, and can be used to evaluate the success of the program.
Training objectives are necessary to give both the trainer and the trainee goals that can be used to evaluate program success. These objectives provide clear expectations and outcomes for the training process, allowing for an accurate assessment of the program's effectiveness.
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HOW CAN A BUSINESS MEASURE ITS SUCCESS ❓
Answer:
Explanation:
A business can measure its success in several ways, including:
Financial performance: One of the most common ways to measure business success is by looking at its financial performance, such as profitability, revenue growth, and return on investment. This can help a business assess how well it is generating income, managing costs, and creating value for its shareholders.
Customer satisfaction: A business can also measure its success by tracking customer satisfaction levels through feedback mechanisms like surveys and customer reviews. A high level of customer satisfaction can indicate that a business is providing quality products or services that meet the needs of its customers.
Employee satisfaction: Employee satisfaction is also a critical indicator of a business's success. A happy and motivated workforce can lead to increased productivity and a better overall work environment.
Market share: Measuring market share, or the percentage of total sales in a particular market that a business is responsible for, can provide valuable insights into the business's competitiveness and overall success.
Operational efficiency: A business can also measure its success by tracking operational efficiency, such as lead times, inventory management, and production processes. Improving operational efficiency can increase a business's overall competitiveness and profitability.
These are some of the ways a business can measure its success, and the metrics used may vary depending on the type of business, its industry, and its goals and objectives.
You buy a new commercial stove for $9,000 and estimate that it will enable you to deliver 20 additional meals per night at an average price of $20. Assuming 25% food cost and no additional costs to using the new stove, how long will it take the stove to pay for itself? a)30 days, b) 90 days, c)180 days, d)365 days
Answer:
a)30 days
Explanation:
For the stove to repay itself, it will have to reach the break-even point.
the costs associated with the are the cost $9000
The gains from the stove: 20 meals per night at $20.
the cost per mean is 25% of the selling price
=25/100 x 20
=0.25 x20
=$5
The profits per meal = $20 -$5 = $15
Profits for 20 meals = $15 x 20 =$300
Dairy income from the stove is $300
To recover the cost, it will take $9000/$300 days.
=30 days
Answer:
30 days
Explanation:
When a firm optimizes, it chooses levels of that will while producing a given level of according to the Select your answers from the following word bank: output, cost, inputs, minimize, maximize, production function, isocost, isoquant.
When a firm optimizes, it chooses levels of inputs that will minimize cost while producing a given level of output, according to the isocost and isoquant framework.
The production function describes the relationship between inputs and output, while the isocost and isoquant curves show the combinations of inputs and their associated costs that will produce a given level of output.
The goal of optimization is to choose the input combination that will produce the desired output level at the lowest possible cost, which is achieved by selecting the point where the isocost and isoquant curves intersect.
Maximizing output while minimizing cost is a key objective of firms in order to maximize profits and remain competitive in the market. This requires careful analysis of the production process and input costs, as well as a thorough understanding of market demand and pricing dynamics.
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Hanson Aluminum, Inc. is considering whether to build a mill based around a new rolling technology the company has been developing. Management views this project as being riskier than the average project the company undertakes. Based on their analysis of the projected cash flows, management determines that the project's internal rate of return is equal to the company's marginal cost of capital. If the project goes forward, the company will finance it with newly issued debt with an after-tax cost less than the project's IRR. Should management accept or reject this project?
Management should accept the project based on the information provided. The project's internal rate of return (IRR) is equal to the company's marginal cost of capital, indicating that the project is expected to generate returns at the company's required rate of return.
The internal rate of return (IRR) is a measure used to evaluate the profitability of an investment project. When the IRR is equal to the company's marginal cost of capital, it indicates that the project is expected to generate returns at a rate that satisfies the company's required rate of return. In this case, since the project's IRR matches the company's cost of capital, it suggests that the project is financially feasible and has the potential to create value for the company.
Moreover, the company's plan to finance the project with newly issued debt at a lower after-tax cost than the project's IRR is advantageous. By securing financing at a lower cost than the expected return, the company can enhance its profitability and create value for its shareholders. This implies that the project has the potential to generate returns that exceed the cost of financing, making it an attractive investment opportunity for the company.
Taking into account the project's alignment with the company's required rate of return and the favorable financing terms, management should accept the project. However, it's important to note that this assessment is based on the provided information, and a comprehensive evaluation of other factors such as market conditions, project risks, and strategic considerations should be conducted before making a final decision.
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Brianna owns a residential investment property in Inverloch, which she has been renting out to tenants for the last three years. Brianna lives in Sydney and travels once a year to inspect the rental property. In the current tax year, Brianna incurred $1,400 in travel expenses, including flights, hire car, accommodation, food and incidentals. The travel related solely to attending the property to undertake the annual inspection.
a) Explain whether or not the outgoings will be deductible to Brianna
b) Will your response in a) differ if instead of Brianna undertaking the travel, Brianna arranged for a property manager to undertake the inspection?
c) Will your response in a) differ if the taxpayer was a corporate taxpayer?
a) Brianna's outgoings are tax deductible because she is inspecting the investment property that she owns, which is rented out to tenants. Traveling expenses such as flights, accommodation, food, and incidentals incurred for the sole purpose of inspecting the rental property are considered deductible expenses.
b) Brianna will not be able to claim tax deductions if she arranges for a property manager to undertake the inspection. In this case, the property manager can claim the travel expenses as a tax deduction. Brianna will not be able to claim these expenses because she did not incur them. Therefore, only the property manager is entitled to a tax deduction for the travel expenses incurred in the course of inspecting the property.
c) If Brianna were a corporate taxpayer, the tax treatment of the travel expenses would differ from that of an individual taxpayer. A company is entitled to deduct all expenses incurred in the course of carrying on business. If Brianna was operating her investment property as a business, she could claim all travel-related expenses as a tax deduction, including flights, accommodation, food, and incidentals. Therefore, as a corporate taxpayer, Brianna could claim a tax deduction for her travel-related expenses as long as they were incurred for business purposes.
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urrent assets $ 500,000 $ 700,000 Land, buildings and equipment (net) 2,000,000 3,500,000 Liabilities (600,000) (550,000) Capital stock (500,000) Retained earnings (1,400,000) In addition, Springfield Company has unrecorded identifiable intangible assets, in the form of brand names and lease agreements, with a total estimated fair value of $400,000. In eliminating entry (R) on the consolidation working paper, the debit to identifiable intangibles is:
The debit to identifiable intangibles is $300,000. Elimination entry R adjusts the intercompany account, specifically the unrecorded assets of Springfield company.
Step 1: Find the total assets of Springfield company:
Current assets = $500,000Land, buildings, and equipment (net) = $2,000,000
Total assets = $500,000 + $2,000,000 = $2,500,000
Step 2: Find the total liabilities of Springfield company:
Liabilities = $600,000
Step 3: Find the total equity of Springfield company:
Capital stock = ($500,000)
Retained earnings = ($1,400,000)
Total equity = ($500,000) + ($1,400,000) = ($1,900,000)
Step 4: Find the net assets of Springfield company:
Net assets = Total assets - Total liabilities= $2,500,000 - $600,000= $1,900,000
Step 5: Calculate the goodwill:
Goodwill = Cost of acquisition - Net assets acquired
Goodwill = $4,000,000 - $1,900,000Goodwill = $2,100,000
Step 6: Find the fair value of net assets of Springfield company:
Fair value of net assets = Net assets acquired + Recognized intangible assets + Unrecognized intangible assets
Fair value of net assets = $1,900,000 + Recognized intangible assets + $400,000
Fair value of net assets = $2,300,000 + Recognized intangible assets
Step 7: Calculate the debit to identifiable intangibles:
Debit to identifiable intangibles = Fair value of net assets - Net assets acquired - Recognized intangible assets
Debit to identifiable intangibles = $2,300,000 - $1,900,000 - $2,100,000
Debit to identifiable intangibles = $300,000
Thus, the debit to identifiable intangibles is $300,000.
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in beta roasters suit against coffee stand, alleging trademark infringement, the court issues a judgment in the defendant’s favor. the case is appealed. the appellate court will hear
In a beta roasters suit against the coffee stand, alleging trademark infringement, the court issues a judgment in the defendant’s favor. the case is appealed. the appellate court will hear is option D. all of the evidence.
A trademark is a word, phrase, symbol, design, or combination of these things that identifies goods or services. This is how your customers will recognize you in the market and distinguish you from your competitors. The term brand may refer to both trademarks and service marks.
Any business owner with a distinctive trade name, motto, logo, slogan, or symbol that represents a product, service, or business should consider registering it as a trademark in the United States. . Registered by the Federal Patent and Trademark Office or USPTO/similar government agency.
The trademark owner is the party that controls the nature and quality of the goods and services used in connection with the trademark. The owner of a trademark is the person who affixes the trademark to the goods for which the trademark is manufactured or uses the trademark in the sale or advertising of the services provided by the trademark.
Disclaimer:- your question is incomplete, please see below for the complete question.
A. none of the evidence
B. select pieces of evidence
C. most of the evidence
D. all of the evidence
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Cindy has been working for 8 years, and she’s built up a huge emergency fund -- $45,000, which would be 6 months of her salary. She’s hoping to earn a bit more interest than she currently is with that $45,000 just sitting in her traditional bank’s savings account. Which account would you recommend? Why?
SAVINGS ACCOUNT, CD, MONEY MARKET ACCOUNT
I will recommend she invest the $45,000 in Certificate of deposit or Money market account.
It is widely known that a traditional bank’s savings account does not provides significant interest rate for deposit unlike other account which are meant from pure investment at long term.
A certificate of deposit are issued by bank to customer promising them a certain interest rate on their deposit with them.
A money market is also an method of investing in short term market and guarantees high interest rate on deposit.
Therefore, I will recommend she invest the $45,000 in Certificate of deposit or Money market account.
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What is considered a good price judgment? O 80 to 84 85 to 89 90 to 94 95 to 99
A good price judgment can be considered as falling within the range of 90 to 94.
When it comes to price judgments, different ranges can be used to evaluate the quality of a price. In this case, we have four ranges: 80 to 84, 85 to 89, 90 to 94, and 95 to 99. Among these options, the range of 90 to 94 is considered a good price judgment. This means that if a price falls within this range, it is generally perceived as fair, reasonable, or competitive.
The reasoning behind considering 90 to 94 as a good price judgment can vary depending on the context. However, generally speaking, prices in this range are likely to offer good value for the product or service being offered. Prices in this range tend to strike a balance between affordability and quality. They are neither too low to raise concerns about the quality or reliability of the product, nor too high to be considered excessively expensive or overpriced.
It's important to note that the perception of a good price judgment can be subjective and may vary among individuals or markets. Factors such as the nature of the product, market competition, customer preferences, and the perceived value of the product all play a role in determining what is considered a good price. Therefore, it's crucial to consider the specific context and target audience when making price judgments.
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under the omnibus crime control and safe streets act of 1968, what are employers allowed to do?
Answer:only monitor phone calls for compliance
Explanation:
T/FThe prevalence of plantation slavery kept the South from matching northern rates of immigration, industrial development, and urban growth.
True. The prevalence of plantation slavery kept the South from matching northern rates of immigration, industrial development, and urban growth. During the period of plantation slavery, the South primarily depended on agriculture, and the production of cotton, tobacco, and sugar played a significant role in their economic growth.
Therefore, slavery had a significant influence on the social and economic development of the southern states, and they couldn't compete with the North's progress in the industrial and urban sectors.
The southern economy depended heavily on the availability of slaves to work on plantations, and the people who lived in these areas had no motivation to change the system since it supported their way of life.
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by the seventh century, western europe had become a more fluid economy in which luxury goods and coinage circulated, albeit to differing degrees, among all levels of society.truefalse
By the seventh century, Western Europe had become a more fluid economy in which luxury goods and coinage circulated, albeit to differing degrees, among all levels of society is a true statement.
Fluid economy in Western EuropeBy the seventh century, the Western European economy had become more fluid, allowing luxury products and coinage to circulate at various levels of society, albeit to varying degrees.
The feudal system and the economy were also interconnected. The aristocracy received wealth from agricultural and commercial activities, which they could then use to purchase luxury products produced by skilled artisans in urban settings. This is one of the significant characteristics of the European economy of the medieval period.
There was a vast flow of money throughout the continent. The feudal system and the economy were also interconnected. The aristocracy received wealth from agricultural and commercial activities, which they could then use to purchase luxury products produced by skilled artisans in urban settings.
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A large computer store changed its logo. The computer store orally contracted with a printing company to create new business cards, stationery, laptop bags, and other items with the new logo, at a cost of $10,000. After the printing company had accepted the payment, but before beginning any preparation or work on the job, the computer store called the printing company and said that it was cancelling the contract.
If the printing company sues the computer store, is a court likely to enforce the oral contract despite the Statute of Frauds?
i. Yes, because the contract was for the sale of specially manufactured goods.
ii. Yes, because the printing company had accepted payment.
iii. No, because the printing company had not yet made a substantial beginning in manufacturing the goods.
iv. No, because the computer store had not yet received any goods.
Answer:
B or ii. would be correct
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research shows that sports would be more popular today if governments stayed out of the way and allowed the free market to operate without regulations. group of answer choices true false
The statement "Research shows that sports would be more popular today if governments stayed out of the way and allowed the free market to operate without regulations" can be argued to be false.
The answer is False.
While it is true that free market principles allow for competition, innovation, and increased efficiency, there are several reasons why sports cannot be left entirely to the free market.
Firstly, sports are not purely an economic activity. They hold significant social, cultural, and emotional value. The free market operates solely on the principles of supply and demand, and in the case of sports, this means that the most popular and successful teams will thrive while others will suffer. This can lead to a significant imbalance in the league and reduced interest among fans who are looking for competitive balance and fairness.
Secondly, the absence of government regulation can lead to harmful practices, such as doping, which is not only cheating but also poses a risk to the athletes' health. Government regulations such as the World Anti-Doping Agency help maintain the integrity of sports by ensuring a level playing field.
Finally, the absence of government regulations can result in exploitation, especially for young athletes who are not yet financially secure. Regulations like minimum wage requirements and concussion protocols help protect athletes from being taken advantage of and ensure their safety and well-being.
In conclusion, while the free market has its advantages, sports cannot be left entirely to market forces as they hold significant social and cultural value, and government regulations are necessary to ensure fairness, integrity, and the protection of athletes' rights. Hence, the statement is false.
The answer is False.
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The nature of demand indicates that as the price of a good increases.
The nature of demand indicates that as the price of a good increases D) buyers desire to purchase less of it.
What is the demand curve?The demand curve is a graphic representation of the relationship between price and the quantity demanded.
All things being equal, the demand curve shows a downward sloping demand when the price of goods increases because buyers purchase less quantity of the goods.
Answer Options:A) suppliers wish to sell less.
B) more of it is produced.
C) more of it is desired.
D) buyers desire to purchase less of it.
Thus, the nature of demand indicates that as the price of a good increases D) buyers desire to purchase less of it.
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write Description the day was hot.
Answer:
Hope my answer helps you （⌒▽⌒）Explanation:
A hot summer is more a punishment than a gift. The unbearable heat makes us uncomfortable and lethargic.The period between dawn and sunrise is a lovely sight. The twilight scene is most appealing. The calm and serene atmosphere, the cool and bracing climate and the refreshing breeze soothe our spirits. The sweet chirping sound of birds appears to be the most enchanting.After some time, we can see the golden disc of the rising sun in the East. It is slightly hot. But as the day advances, temperatures keep increasing. People who are out, begin to come back in order to avoid the oppressive heat. At noon the sun is red hot. People are hardly seen outside. Farmers stop ploughing their fields during these hot hours. The doors and windows of the houses are closed. People sit in their rooms, which are kept cool by fans, desert coolers and air conditioners. Some have to go to the offices. Their clothes become wet with perspiration. One feels very uneasy due to this.The afternoon is the hottest. The piercing rays of the sun fall on the ground. The heat is unbearable and oppressive during the afternoon.an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
When summarizing, the primary purpose of the communication should never be directly stated.
Question 1 options:
True
False
Answer: True
Explanation: its alot to put down bye
the director of the health information services department is writing a memo regarding a recent problem the department is experiencing with a contracted copy service. she is called away unexpectedly, to attend an urgent hospital-wide department-head meeting. the memo must be completed by the end of the day; therefore, it is most appropriate for the director to delegate its completion to the supervisor of
The director should assign the supervisor of information release to finish the memo because it needs to be finished by the end of the day.
How do you end a note that contains information?Any additional material should be placed towards the conclusion of your note, after the body paragraph. Given that this is a summary of the letter, the reader should be aware of any follow-up steps that are required. Add your name, contact information (phone number and email address) at the end in case someone needs to get in touch with you.
What goes in the final paragraph of a memo?There shouldn't be more than one or two sentences in the closing paragraph (depending on the topic of the memo). Let the facts speak for themselves. The reader is required to reach their own judgments. The majority of memos end with a brief summary and recommended next steps, but this is usually based on corporate policies.
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Discuss the rationale of organizing an industrial strike in resolving employee dispute with the state, focusing on the detrimental effects strikes has on various stakeholders in an economy.
Answer: The answer is provided below.
Explanation:
Strike is a refusal to work organized by body of employees as a way of protesting typically in an attempt to gain concessions from their employer.
Causes of strike include demand for leave with pay, pay increase,health hazards in the workplace, inadequate working tools, excessive working hours; low wages, discrimination, and aggressive behaviour of the managers towards employees.
Eben though there are potential benefits from strikes, like improved labor productivity, better work morale, or lower absenteeism, strike action brings about economic costs which can be high, depending on the duration, number of workers involved and also the divisions affected.
Strikes results in negative impacts on the employees, the employers, their stakeholders, consumers, the government, and the economy.
Furthermore, it also affects the international trade as it can hinder the economic development of a country and create great economic uncertainty especially when the global media continues to share details, videos and images of violence, damage to property and clashes between strikers and security.