Answer:
E. It may encourage a sense of entitlement among employees.
Explanation:
Above the market, compensation in the form of wage strategy in which the organizations initiates high salaries to the employees. High salaries are provided to the employees to attract them and to retain them in the team. This is done to maintain the caliber of the group and for the smooth flow among the team members.
Answer:
Offshoring
Explanation:
offshoring is the process of moving an aspect of a business process overseas with the intention of reducing cost.
A firm can move its manufacturing process from its own parent country to another country (usually where the labour rate and cost of raw materials is cheap compared to what it obtainable in its home country) in other to reduce its cost of production thereby increasing its added value.
From the above explanation, we can conclude that Prextos is planning to employ Offshoring to cut down losses.
Excellent customer service is very important because if they treat the customers badly then their company’s customers will slowly decrease
Answer:
d. substitution bias.
Explanation:
Price changes from year to year are not proportional, and consumers respond to these changes by altering their spending patterns. The problem this creates for inflation calculations is called substitution bias.
A problem with the Consumer Price Index (CPI) arises from the singular fact that, when the price level of a product becomes relatively less expensive or lower, consumers tend to buy more quantity of the product and consequently, a lesser quantity of goods that are relatively more expensive.
Hence, their spending pattern changes with respect to the prices but it's not completely adjusted with the Consumer Price Index (CPI), thus, making the inflation rate to differ because of the problem of substitution bias.
The main environmental benefit of the photovoltaic systems is that its supplies clean and efficient energy while its environmental cost is tye need for space for placing the solar panels.
<h3>What is a photovoltaic system?</h3>
This refers to composition of solar panels with an inverter that use energy from the Sun to generate electricity.
The stand-alone photovoltaic system is the most efficient for need for homeowners as they generate the power for themselves.
In conclusion, the government could promote the use of photovoltaic power systems for homeowners in the future by making a sensitization of the benefit of clean energy.
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