Answer:
No of clown sold in 2010 = 17
No of clown sold in 2015 = 39
Unit rate of change = 39 - 17/17 x 100
Unit rate of change = 129.41%
Explanation
The unit rate of change from 2010 to 2015 is equal to the number of clown sold in 2015 minus the number of clown sold in 2010 divided by the number of clown sold in 2010 multiplied by 100.
The benefits of establishing a pay structure that helps the organization achieve its goals include:
- Employee motivation
- Cost control
- Ability to attract and retain talented human resources
<h3>What is the benefit of a good pay structure?</h3>
A good pay structure means that employees are adequately compensated for their work. This can help a lot with employee motivation because a huge part of the motivation that employees feel to work towards helping an organization to achieve its goals are monetary.
If a company is able to use its pay structure to engage in employee motivation, there will be better cost control from the company being able to reduce its recruitment costs, and having employees that are retained for long enough to know how to use resources efficiently. It is therefore important that when coming up with a pay structure to help achieve company goals, it should compensate employees adequately.
Options for this question include:
- Employee motivation
- Quality loss
- Cost control
- Increased budget
- Ability to attract and retain talented human resources
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The correct answer is- the MRP exceeds the wage rate.
<h3>How does MRP influence wage rates?</h3>
Basic economic theory suggests that wages depend on a worker's marginal revenue product MRP. (this is basically the value that they add to the firm which employs them.)
MRP is determined by two factors: MPP – Marginal physical product – the productivity of a worker.
<h3>What factors increase wages?</h3><h3>Productivity:</h3>
Wage increase is sometimes associated with increase in productivity.
Workers may also be offered additional bonus, etc., if productivity increases beyond a certain level.
Learn more about MRP and wage here:
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Answer:
- Exrpress understanding and explain why his/her demand is not acceptable.
Explanation:
When dealing with a <em>customer</em>, and you consider he/she is not rigth, you should be able to express your point of view in a respectful way but clearly preserving your rights. That is <em>assertiveness</em>.
You must confront him/her in a constructively way: make it clear why the claim is not correct or fair, even how it affects the your or the company's right: you undersant him/her but he/she must understand you too.
You should prevent the situation from escalating to greater proportions but you should not give in to unfair demands that involve a loss for the company.