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Pie
3 years ago
5

David runs a bed and breakfast in the outskirts of a big city. His employees are allowed to spend up to $200 to resolve any cust

omer complaints, with no questions asked. This is an example of:
Business
1 answer:
defon3 years ago
7 0

Answer:

Empowerment.

Explanation:

Empowerment: It an authority or power been given to an individual or group of people to perform certain tasks with complete determination. This power has been given so that tasks been performed diligently and smoothly.  

In corporate, individuals been empowered to hold responsibility for certain tasks and prove profitable for the organization.

Similarly, In the given case David has empowered his employee to resolve customer complaints by itself without getting escalated, however, he has limited the power by $200 to resolve any customer complaint.

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Lower-level managers are empowered to make decisions in a decentralized organization, which can increase motivation and job satisfaction.

<h3>What is motivation ?</h3>

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The Three Kinds of Motivation

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Motivation will assist him in achieving his personal objectives. Individuals who are motivated will be satisfied with their jobs. Individual self-development will benefit from motivation. Working with a dynamic would always benefit an individual.

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1 year ago
The pay rates in the organization may not match the pay structure in the market when a company sets its pay rates based strictly
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There are discrepancies between the pay rates of a company and the pay structure in the market when a company sets its pay rates strictly based on a <u>pay policy</u><u> line</u>.

<h3>What is a pay rate?</h3>

A pay rate can be defined as a measure of the amount of money that is being paid by a company to its employees (workers) per period of work or unit of production, which is usually on a hourly, weekly, or monthly basis.

In business management, discrepancies would generally exist between the pay rates of a company and the pay structure in the market when a company sets its pay rates strictly based on a <u>pay policy</u><u> line</u>.

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6 0
2 years ago
Bild-Rite, Inc., is a Colorado-based firm that does business with clients throughout North America. Bild-Rite oversees construct
Rzqust [24]

Answer:

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Explanation:

In simple words, The Uniform Commercial Code (UCC), originally released in 1952, is among a series of Uniform Laws developed as legislation with the aim of harmonising selling as well as other business activity rules throughout the United States by some of the implementation of UCC by all of the 50 states , the District of Columbia, as well as the American Territories.                        

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3 years ago
What components of GDP (if any) would each of the following transactions affect? Explain. Remember Y=C(Y-T)+I(R)+G+X-M a. A fami
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Answer:

A. The household purchase of a new refrigerator will directly lead to an increase in the consumption component of the Gross Domestic Product (GDP). Therefore, the GDP will increase by the amount of refrigerator purchased

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3 years ago
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Answer:

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