An efficiency wage is a higher wage paid to reward workers who show greater productivity. Option D is correct.
<h3>What is the Efficiency wage?</h3>
Wages provided to employees over the minimum wage in order to retain a trained and efficient staff are referred to as efficiency wages. Adam Smith defined a type of pay disparity in the 18th century, in which workers in some businesses are paid more than others based on the level of trustworthiness necessary.
Employers establish efficiency salaries above the equilibrium wage rate as an incentive for better employee performance. An efficiency wage is a higher wage provided to employees who are more productive.
Therefore, option D is correct.
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Answer:
d) He earned a lower interest rate than he expected
Explanation:
Data provided in the question
Invested amount ten years ago = $1,000
Expected amount = $1,800
Today amount = $1,680
Based on the above information,
Since the bond is based on the floating rate not the fixed rate that results in the value of the investment to $1,800
And, the today amount is $1,680 i.e. less than the expected amount so the internet rate should be less as compared with the expected rate
hence, correct option is d.
Management recreates a vital role in modern culture. It contains the factories of production for social progress, greater productivity, increased jobs and income, better performance, and the satisfaction of society's needs.
<h3>
What do you think the managers of the future will be like?</h3>
Management plays an important part in setting the boundaries for what is sufficient ethically and legally. Future managers will be international strategists, right at technology, politicians, and good leader-motivators. . It enables the development of society and the welfare of the public. The future of management depends on flexibility, adaptation, and pragmatism.
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Answer:
The answer is 6.72%
Explanation:
Calculating the imputed rate from a discount bond as follows:
( 1 + i )^n = FV / PV
( 1 + i )^3 = FV / PV, here FV= 1000 and PV= 727.25
so putting values in equation we have:
( 1 +i )^3 = 1000 / 727.25
( 1 + i )^3 = 1.375
solving for i
( 1 + i) = 1.375^1/3
( 1 + i ) = 1.112
i = 0.112 before tax rate
0.112 * (1 - tax rate) = after tax interest rate
0.112 * .60 = 0.0672 = 6.72%
thus the expected after tax cost of this debt issue is 6.72%
Answer: b. ERP is primarily used by manufacturing organizations and does not serve service organizations well.
Explanation:
Enterprise Resource Planning(ERP) is very useful to companies as it supports many enterprise processes by integrating resources of the company such as manufacturing, finance and supply chain management with the view to make operations more efficient.
It is false that it does not serve Service organizations well because ERP takes into account the unique resources that an organization has so it does not matter if it is a service or a manufacturing organization. It serves both.
