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The Challenge of Graduate Unemployment: A Case of University Graduates in Mutare, Zimbabwe | Chapter 3 | Selected Topics in Humanities and Social Sciences Vol. 6

In Zimbabwe, a key issue is the inability of university graduates to find work. It's unclear why the rapidly growing informal sector, which has the capacity to absorb university graduates, is unable to capitalise on the high-level abilities of university graduates to improve growth and competitiveness. Many university grads are looking for work, doing things like vending or working in jobs that aren't immediately related to the degrees they earned in school. In this exploratory case study, snowball sampling was used to discover 42 university graduates in Mutare. To gather information on the barriers that prevent graduates from becoming entrepreneurs, unstructured interviews and observations were used. The study found that unemployed graduates' engagement in entrepreneurship was limited by their degree orientations and experiences, whereas the growth of graduates who were already in business was limited by a variety of socioeconomic circumstances.   Author (S) Details ...

A Qualitative Assessment of Paid Employment and Empowerment of Women Tea Plantation Workers | Chapter 11 | Insights into Economics and Management Vol. 6

This exploratory research uses a skills approach to determine the empowerment of female tea garden workers. Employers prefer women to pick tea leaves because they are more professional and less costly than men. This research is being carried out in Dholdoli, a tea estate in Sylhet. Empowerment is found to be positive in the majority of cases, according to this report. Apart from reviewing applicable literature and previous research papers, the study relies heavily on primary field data. The qualitative data for this analysis was gathered through an in-depth interview method of research. The tea garden has been carefully chosen. The study included a range of research participants, including employees, management staffs, employers, union representatives, consumers, and other local stakeholders, in order to collect qualitative data. The research will predominantly concentrate on in-depth interviewing strategies. The results indicate that the majority of respondents have power over their o...

A Critical Review of Competitive Firm’s Theory | Chapter 02 | Current Perspective to Economics and Management Vol. 2

Aims: In the first place, to demonstrate that economic behavior that neoclassical theory attributes to competitive firms is technically inefficient since it does not correspond to the highest possible internal rate of return, which implies the violation of the first theorem of welfare. Secondly, overcoming error in the economic behavior of competitive firms gives rise to the basic results of the theory of nonexistence of the labor market (TNLM), on which the theorem of superiority, a basic element of its construction, is finally proved. Methodology: The demonstration is carried out through a theorem based on the free entry and exit criterion, fully respecting the initial conditions and hypotheses of neoclassical theory. For all these effects the mathematics of restricted maximization and some concepts of convex optimization are used. Results: We show that with any internal rate of return higher than the one inherent to the maximization of profits and the same a...