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soldier1979 [14.2K]
3 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]3 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 work of _____ on light was not widely regarded at the time because it was the opposite of what Newton (who was already wildl
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3 years ago
Marin Products produces three products — DBB-1, DBB-2, and DBB-3 from a joint process. Each product may be sold at the split-off
sattari [20]

Answer:

  MARIN PRODUCTS

Selling after further processing

                                           DBB-1             DBB-2                 DBB-3

unit                                      16,000         24,000                36,000

Sales revenue after

processing                        $1,040,000    $1,200,000       $2,700,000

Joint Cost                          (757,895)          (1,136,842)        (1,705,263)

Separate processing cost  <u>(110,000)  </u>       <u>(44,000) </u>          <u> (66,000)</u>

Net Income                         <u> 172,105    </u>      <u> 10,158        </u>      <u>  928,737</u>

selling at slipt off point

                                           DBB-1             DBB-2                 DBB-3

unit                                      16,000         24,000                36,000

Sales revenue                  $400,000        840,000           1,980,000

Joint Cost                        <u>  (757,895) </u>        <u> (1,136,842)   </u>     <u>(1,705,263)</u>

Net Income                         <u> (357,895)    </u>      <u> (296,842)        </u>    <u> 274,737</u>

Decision : All products should be processed further in order to increase the profit of the company

Allocation of Joint Cost

Cost per unit = $3,600,000/76,000=  $47.37

DBB-1 =   $47.37*16,000 = $757,895

DBB-2 = $47.37*24,000 = $1,136,842

DBB-3 = $47.37*36,000 = $1,705,263

Explanation:

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