Incentive pay is a collective term used to refer to various forms of pay linked to an employee's performance as an individual, group member, or organization member. incentive pay base pay merit pay hourly wage benefits
Answer:
Allocative efficiency is about distributing or allocating resources in the best possible manner. E.g. in order to fight the current pandemic, more resources ($) is allocated to different health care institutions.
Productive efficiency is about how a company or a person uses the resources that it has in order to produce the greatest amount of benefits at the lowest possible cost. E.g. in a hospital, if a doctor is able to treat 15 patients per day, his/her productive efficiency will be higher than another doctor that only treats 10 patients per day.
<span>The answer is the growth stage. The introduction stage, when a company is launching a new product is normally the most expensive for a company launching a new product. In that stage, expenses are high but market size and sales are low. The growth stage is were sales increase, and company profits grow as the economies of scale in production grow, allowing more investment in promotional activities that grows the market.</span>
A manager and employee agree on precise performance goals, and then a strategy is created to help them be achieved. This approach is known as management by objectives (MBO). Having an effective control system aids in achieving goals. Planning, organising, leading, and controlling are the four primary management activities that have replaced and replaced Fayol's functions over time. In contrast, managers work to apply procedures like organisational structuring and budgeting in order to attain organisational goals. Managers must make judgments to employ resources economically and effectively in order to meet market goals and objectives.
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Answer:
the amount that should be reported is -$560
Explanation:
The computation of the amount that should be reported in the operating activities section of the cash flow statement is shown below:
Revenues in year = $800
Less: total interest paid i.e. -$1,360
($34,000 × 4% × 9 months ÷ 12 months) + ($34,000 × 4% × 3 months ÷ 12 months)
So, the amount that should be reported is -$560