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soldier1979 [14.2K]
4 years ago
15

The manager at Seasons Hotel wanted to change the incentive system to offer bonuses tied to the hotel's financial performance, b

ut the employees refused to comply. This example shows that the manager:
Violated employees' personal compact
Business
1 answer:
Vlad1618 [11]4 years ago
6 0

Answer:

Violated employees personal compact.

Explanation:

The manager at Seasons Hotel wanted to change the incentive system to offer bonuses tied to the hotel's financial performance, but the employees refused to comply. This example shows that the manager has violated employees personal compact which is defined as the formal, social and psychological aspects of the relationships between the workers and the organization. It is termed as the mutual commitments and obligations which are stated and implied between the employer and the employee. Here, the manager has broken and violated that implicitly set rules when he has tried to tie the incentive system with the financial performance of the Hotel which workers can think that will be difficult to get if the Hotel doesn't not perform well.

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The income statement will present
Lisa [10]

Answer: A. revenues less expensive (order is not important.

Explanation:

4 0
4 years ago
R.J. Reynolds markets several brands of cigarettes, including Vantage, Camel, Winston, and Salem. This is an example of which ty
UkoKoshka [18]

Answer:

Individual branding policy                                        

Explanation:

Individual branding often referred to as single product branding, flanker labels or multi branding, is "an advertising technique under which goods are assigned brand names which are newly formed and usually not related to existing franchise names that the business is selling.

Individual branding is by far the most successful when a corporation offers various unrelated goods differing in price and quality and targeting specific areas of the market. It is also helpful when presenting to the industry a recent high-risk commodity to handle hazards to established products if the new model fails.

Thus, from the above we can conclude that the given case depicts individual branding policy.

8 0
3 years ago
Shumpert, Inc., entered into a contract that was to take two years to complete, with an estimated cost of $900,000. The contract
MakcuM [25]

<u>Answer:</u>

Answer for Part A and Part B is as follows:

Particulars                                                 2016 year                          2017 year

Contract Price                                              $13,00,000                      $13,00,000

Cost that has been incurred                            $675000                        $950000

Estimated cost to complete                         $225000                                 $0

TOTAL COST                                              $900000                             $950000

Expected Gross profit                                     $400000                         $350000

Percentage that is completed                   75 percent                       100percent

Gross profit to be recognised                         $300000                      $50000

<u>Note</u>: Calculations have been made according to the data and figures given in the question.

5 0
3 years ago
The Adams Company is closely held and, therefore, cannot generate reliable inputs with which to use the CAPM method for estimati
tino4ka555 [31]

Answer:

the cost of internal equity is 16.17%

Explanation:

The computation of the cost of internal equity is shown below:

= Yield of the bond + risk premium of the firm

= 10.28% + 4.95%

= 16.17%

Hence, the cost of internal equity is 16.17%

Basically we add the two things so that the cost of internal equity could be determined

5 0
3 years ago
Waterway Industries has equipment with a carrying amount of $2510000. The expected future net cash flows from the equipment are
Juliette [100K]

Answer:

No impairment

Explanation:

Since the future net cash flows are still recoverable and they are higher than carrying amount, none needs to be reported

3 0
3 years ago
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