Answer:
Provides a more direct incentive in small firms than in large firms.
Explanation:
Profit sharing plan can be defined as a contribution plan in which the management of a company shares part of its profit with the employees. This could motivate and inspire the employees to work efficiently towards the growth of the organisation.
Profit sharing plan gives the employees a sense of ownership, this would inspire them to work harder to ensure the success of the organisation.
<span>Answer:
Profit margin is calculated as-
Profit margin = Net profit / Revenue
Net profit= Revenue- Cost
Revenue = $16.25 million
Cost = $13.5 million + $2.7 million
Net profit = 16.25 million - (13.5 million + 2.7 million)
Net profit = $0.05 million
Profit margin = 0.05 / 16.25
Profit margin = 0.003077 or 0.3077%</span>
Compared to rail transportation, one of the advantages of shipping by truck is that trucks "Can reach more destinations".
<h3>What is rail transportation and road transportation?</h3>
- Rail transportation: Train travel is another name for rail travel. It is a mode of transportation that uses cars that travel on tracks (rails or railroads). It is one of the most significant, frequently used, and highly affordable methods of transportation for both people and products across long and short distances.
- Road transportation: Road transport refers to the movement of people and goods across a network of roads. A road is a path between two points that has been paved or otherwise improved to allow travel by both motorised and non-motorised carriages.
The advantages of raid transport over rail transport are-
- Road construction is substantially less expensive than building railroads.
- In hilly and undulating terrain, roads may be built with ease.
- Highways connect railway stations, airports, and seaports, acting as a feeder to other forms of transportation.
- They offer individuals and vehicles to commute to a variety of areas and assist them in getting there without any problems.
- Road transport is the practice of moving goods or people along a road network from one location to another.
To know more about benefit of road transportation, here
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Answer:
Early precautionary measures of trouble ahead can not be issued.
Explanation:
Since a strategic strategy maps out a path for the organisation to follow, it will enable it tighten its attention in order to get somewhere. Therefore, strategic preparation will help the organisation create the best priorities and strategies and help others concentrate their energies on achieving them.
Answer:
Ally Bank is emphasizing the Empathy dimension of service quality
Explanation:
Empathy -
It refers to the practice of providing proper attention and help to consumers , is referred to as empathy .
In companies these practice is done in order to help the consumers in the best possible manner , which will in turn help the company with good feedback and profit .
Hence , from the given scenario of the question ,
The correct answer is empathy .
