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Anastaziya [24]
3 years ago
10

Jamie earned a raise in pay when he finished the training for the Technician 2 position. He will receive another raise when he f

inishes the training for the Technician 3 position. The company is probably using which type of pay program?
Business
1 answer:
coldgirl [10]3 years ago
5 0

Answer: Structured compensation program

Explanation: In a structured compensation program the company structures the pay of employees on the basis of a predetermined criteria. The abilities needed to get promotion in such structure could be fixed on the basis of time period served or any other such criteria.

In the given case, Jamie gets promotion at every stage by passing a certain test. Thus, we can conclude that the company is performing structured program.

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Summarize and contrast how work-based learning benefits the following groups: students, employers, and schools.
Artyom0805 [142]
Students learn about how different work places work, and about what sort of work they might enjoy.   employers get to "preview" people who might make good workers when they leave school.  Schools learn what workplaces are needing from students and can adjust their curricula to be more relevant.
5 0
3 years ago
The city of​ Belgrade, Serbia, is contemplating building a second airport to relieve congestion at the main airport and is consi
sertanlavr [38]

Answer:

Alternatives                                          Airport at X Airport at Y

Buy land at X                                                 6             -14

Buy land at Y                                               -21             12

Buy land at X and Y                               -15                 -2      

Do nothing                                                 0              0

probability                                                   0.55              0.45

Payoff if you buy land at X = (0.55 x 6) + (0.45 x -) = -3

Payoff if you buy land at Y = (0.55 x -21) + (0.45 x 12) = -6.15

Payoff if you buy land at X and Y = (0.55 x -15) + (0.45 x -2) = -9.15

Payoff for doing nothing = 0

The best option is simply doing nothing. The risks are too high, the potential losses are very large and the benefits are really low.

4 0
3 years ago
The gross profit percentage is the ratio to watch if you are worried about increased competition. If the company lowers its pric
jenyasd209 [6]

Answer:

decrease

Explanation:

As we know the gross profit is the net of sales and cost of goods sold.

Gross profit = Sales - Coast of Goods Sold

Lowering the price will decrease the sales value because sales is calculated by multiplying selling price per unit to number of units sold.

If we keep the cost of goods sold constant, then decrease in price will directly effect the gross profit and will reduce it too.

5 0
3 years ago
Today we see a very low unemployment rate with a controlled and acceptable inflation rate. Which of the following statements cou
serious [3.7K]

Answer:

A. All of these 3 other possible answers that are listed here are true reasons.

Explanation:

If we are to use wage the rate of change in wages or inflation, as a proxy for inflation in the economy, when there is unemployment, the number of persons searching for work is significantly greater than the number of jobs available for the people who are unemployed. What we mean is, the supply of labor is greater than the demand for it.

With the availability of many workers, there's little need for employers to "bid" for the services of employees by paying them good wages.

7 0
3 years ago
Read 2 more answers
Indiana Co. began a construction project in 2018 with a contract price of $160 million to be received when the project is comple
qaws [65]

Answer:

Recognized $12.47 million gross profit on the project in 2018.

Explanation:

Total Contract price                                                   $160

Total cost incurred during the year 2018    $39  

Additional cost                                               <u>$83</u>

Total cost                                                                     <u>$122</u>

Total profit                                                                    <u>$38</u>

% cost during the year = (39/122*100) = 31.9672131147541% = 31.97%

Revenue recognized on 2018 = 39*31.97% = $12.4683 = $12.47

6 0
3 years ago
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