Economics Coursework

Student’s Name
Instructor’s Name
Course
Date of Submission
Answers to Select Economics Questions
Question One
Human Resource Manager’s roles are changing in response to the advanced technology. Most of their works have become digitized, and they are now focusing on more strategic duties. Technology has simplified the HR work that most duties are just performed by a single keystroke. In the near future, the traditional roles of the HR will be performed by artificial intelligence (Parry & Emma 25). The sit-down interviewing process will vanish with time as the selection process will mainly happen online. This will see the HR shift to working hand in hand with the top management in driving the company forward.
Question Three
Newspaper Reporter
Application forms, interviews, and references may be used during selection. Application forms may be used when the employer intends to train the applicants. Interviews assess their oral and communication skills. References provide experience.
Administrative Clerk
These should submit their resumes, references and attend an interview. Resumes highlight their education, references confirm their qualifications, and the interview reinforces the two.
Vice President of Marketing
The applicant should submit a resume, references and undergo an interview. The resume introduces the applicant while the references confirm their experience. An interview reassures the employer that they have the right person for the job.
Preschool Teacher
In this case, interviews and references make an appropriate combination as interviews confirm their competence as hinted by the references.

The references, on the other hand, confirm the genuineness in their professional training.
Biotechnology Research Scientist
Applicants should submit resumes, references and go through an interview. The resume introduces the applicant to the employer academically and professionally. The interview helps them assess the applicants while confirming their qualifications.
Question Four
Salary is better than wages. This is because salary gives a sense of security and stability. A salaried employee even when sick still receives payments because the contracts provide for such eventualities. Such workers can take leave days to attend to personal duties and still get paid at the set date of payment. Salaried employees are able to tell how much to expect weekly, monthly or yearly. Therefore, they are able to make personal budgets. Salaried employees can go for vacations and still get paid. The main disadvantage of salaried employment is that, while extra work gives them recognition, it does not translate into extra pay.
Question Six
Objective evaluation methods use easily quantifiable metrics used to appraise employees. This include statistics such as the number of times an employee shows up late for work fails to meet deadlines or the number of instances they have had disciplinary cases in the company. Some positions, however, are almost impossible to assess in concrete means. Positions like taking care of dolphins are naturally risky, and the assessment would be based on the quality of customer service. The same applies to the positions of a lawyer and auditor. In restaurants sometimes, managers have to make up their minds as to how they would rate the servers. Customer reviews are sometimes biased, and therefore, the manager would personally have to intervene and give their opinion about the server in question. Objective methods of employee evaluation yield accurate results because they are mostly statistical, and numbers do not lie. However, these methods have a limit for they do not work perfectly in every environment. In some instances, therefore, they may be combined with subjective methods for a truly accurate assessment.
Work Cited
Parry, Emma, and S. Tyson. Managing people in a contemporary context. Routledge, 2014.