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iVinArrow [24]
3 years ago
14

Grabhouse inc. is experiencing an increase in turnover rates of its top employees. upon consulting with its managers for the rea

sons for this increase, grabhouse finds that employees are uneasy with the current pay mix as it involves too many risky elements. in order to make its pay mix less risky, grabhouse needs to:
Business
1 answer:
user100 [1]3 years ago
3 0
In order to make its pay mix less risky, Grabhouse needs to INTRODUCE A PROFIT SHARING PLAN TO ITS PAY MIX.
A profit sharing plan is a plan which gives employees part of the profits that are generated by the company. In this plan, each worker receives a percentage of company's profits based on the company's quarterly or yearly profits. Applying this method will reduce the rate at which employees leave the company.
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Which correlation coefficient would you use to look at the correlation between gender and time spent on the phone talking to you
Zolol [24]

Answer:

Answer C

Explanation:

If one of the variables is measured on dichotomous nominal scale, such as gender and other is measured on interval or ratio scale, than we use point biserial correlation coefficient. It will measure our initial hypothesis that there is a connection between the time spent on the phone, talking to your mother with gender. Later, if we would want to conclude how strong is this connection, we would use regression analysis.

8 0
2 years ago
Read 2 more answers
If washburn guitars were to lower the price of the maya pro dd75 to $2,499 from $2,699, sales of the guitar would increase 30 pe
inn [45]

The Washburn guitars reduces their price from  $2,499 to $2,699 as a result of the sales of the product drastically increased by 30%, So this represents that the <u>product has an elastic demand.</u>

<h3>What do you mean by elastic demand?</h3>

When the price of a product has a massive effect on the quantity purchased is called Elastic demand. A product is stated to have an elastic demand if sales drop sharply in reaction to a growth in price, or sales spike whilst prices are decreased.

Thus, The Washburn guitars reduces their price from  $2,499 to $2,699 as a result of the sales of the product drastically increased by 30%, So this represents that the <u>product has an elastic demand.</u>

Learn more about elastic demand:

brainly.com/question/5078326

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3 0
2 years ago
GroundSwell Pools, Inc., agrees to build a swimming pool for Francis, but fails to complete the job. Francis hires EquiAqua, Inc
Nezavi [6.7K]

Answer:

Option A. The costs needed to complete construction

Explanation:

The reason is that the harm that the Francis beared due to the unableness of the company GroundSwell to complete the construction of the swimming pool is the cost needed to complete the construction because it is the price that the company GroundSwell must pay to EquiAqua Inc. to complete the construction. So this amount required for the completion of the construction is the actual harm to Francis and is also claimable.

8 0
3 years ago
The two characteristics of a competitive market are 1) many buyers and sellers in the market and 2) the goods offered by the var
FrozenT [24]

Answer:

1. True

2. False

Explanation:

A perfect competition is characterised by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.

In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.

An example of perfect competition is the market for farm produce.

I hope my answer helps you

5 0
3 years ago
True or False: When refusing an internal request, it is not a good idea to provide an alternative.
Lana71 [14]

Answer:

1st question: false Refusing internal requests often calls for an indirect strategy. Providing adequate reasons and realistic alternatives helps maintain goodwill and a positive working environment.

2nd question: True. Refusals for routine requests should open with a buffer, a neutral statement on which both readerand writer can agree, and should transition into the reasons.

6 0
3 years ago
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