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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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If the firm sells its product at the market price of $10 per unit, how many workers should the firm employ to maximize profit if
Bingel [31]

Answer:

the data regarding output and the quantity of labor is missing, so I looked for a similar question and found the attached image.

if one employee is hired, total production = $80, and total cost = $55

if two employees are hired, total production = $150, and total cost = $110

if three employees are hired, total production = $210, and total cost = $165

if four employees are hired, total production = $260, and total cost = $260

hiring <u>four employees</u> should maximize profits since MC = MR

7 0
3 years ago
Seble wants to open a floral shop in a downtown business district. She doesn't have fundsenough to purchase inventory and pay si
Ainat [17]

Answer: C. before Zhou invested Sebie prepared a detailed business and sales forcast, and provided Zhou with copies.

Explanation:

The provision of the detailed business plan to Zhoue is to familiarize her with details of how the business will run and once she keeps track with this, it cannot be a basis for Zhoue to acuse Serbie of fraud.

An assertion by Serbia or clear declaration of having experience or working in floral retail to Zhoue is a basis for fraud.

The compensation of Zhoue with 25% return in the business which is less than her initial investment in the business is also a basis for fraud claim by Zhoue.

3 0
3 years ago
What is one consequence of stagflation?
Katen [24]

Answer: The economy drastically slows down as money loses its buying power.

Explanation:

3 0
3 years ago
Business Solutions sells upscale modular desk units and office chairs in the ratio of 3:2 (desk unit:chair). The selling prices
Doss [256]

Answer:

Results are below.

Explanation:

<u>First, we need to calculate the selling price per composite unit:</u>

<u></u>

selling price per composite unit= 1,280*0.6 + 530*0.4

selling price per composite unit= $980

<u>Now, the unitary variable cost per composite unit:</u>

Variable cost per composite unit= 780*0.6 + 280*0.4

Variable cost per composite unit= $580

<u>To calculate the break-even point in units, we need to use the following formula:</u>

Break-even point in units= fixed costs/ contribution margin per composite unit

Break-even point in units= 150,000 / (980 - 580)

Break-even point in units= 375

<u>Finally, the number of units per product:</u>

Desks= 375*0.6= 225

Chairs= 375*0.4= 150

4 0
3 years ago
One industry with a reputation for less-than-stellar customer service is that of the nation's pay-tv providers. much of the terr
musickatia [10]
<span>In order to cut costs, most of the pay TV providers have incorporated large call centers where they hire poorly trained and low paid employees to answer customer calls. These employees lack incentive and generally don't care much about customers. One exception to the rule is DirecTV. They are known for the best customer service record in the industry. It uses outsourcing, but they have motivation, something lacking from other providers. Their reps get free satellite TV in their homes once they have been on the job for three months and are invited to special DirecTV events where they have chances to meet and greet celebrities and NFL stars. They are also given the ability to handle complaints themselves rather than just listening, noting and transferring calls.</span>
5 0
3 years ago
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