Answer:
punishment
Explanation:
Basically, the manager is trying to change the behavior of his employee, Chuck. In management and organizational psychology, that is often referred to as the <em>reinforcement theory of motivation</em>.
In this example, the manager uses remuneration punishment in order to alter Chuck's noted behavior pattern.
<u>NOTE </u>- This is not to be confused with <em>negative reinforcement</em>, which is also related to the reinforcement theory. Although the term <em>negative </em>may imply some similarities with punishment, negative reinforcement is a different concept. While punishment is directly weakening the <em>unwanted </em>behavior, negative reinforcement is strengthening a <em>desired </em>behavior, by means of removing an unwanted consequence <u>for the employee</u> when he follows the wanted behavior pattern.
For example, a form of negative reinforcement would be if Chuck knew upfront that his pay would be reduced if he yelled at his customers and he avoided yelling in the first place because of that.
Answer:
C) perfectly elastic and identical to the firm in perfect competition.
Explanation:
In a perfectly competitive market, firms supply identical products, so the customers are indifferent towards buying the product from any supplier. What makes a monopolistic competition market different is that products are differentiated, so the customers will choose from which supplier to purchase the product.
When the products are identical (not differentiated), then the firm's demand curve will be perfectly elastic because a change in price will make their customers simply change the supplier. I.e. the products are all substitutes.
Answer:
$1, 481.198
Explanation:
Katherine's adjusted balance is the balance at the bank after considering the omitted transactions.
Balance as per bank: $1,518.78.
Add omitted deposit: <u> $125.788</u>
<u>$ 1, 644.568</u>
less debit charges
( $49.44+$113.93) <u> $163.37</u>
<u>$ 1,481. 198</u>
<u />
Adjusted balance $ 1,481. 198
<u />
Baldwin will pay (D) $29.63 to its employees per hour.
<h3>
What is a bonus?</h3>
- Employees typically receive a bonus payment in addition to their base compensation as part of their wages or salary.
- While the base compensation is often a predetermined amount per month, incentive payouts may change based on established factors such as annual turnover, the net number of additional customers recruited, or the current value of a public company's shares.
- Thus, bonus payments can work as incentives for managers, engaging their attention and personal interest in what is perceived as beneficial to the economic performance of their companies.
Consider the following calculations to determine how much Baldwin pays its employees:
- Total raise = 5% + 0.25% = 5.25%
- Present wages = $28.15
- Baldwin will pay = $28.15 × (1.0525) = $29.63
Therefore, Baldwin will pay (D) $29.63 to its employees per hour.
Know more about a compensation plan here:
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The complete question is given below:
Next year Baldwin plans to include an additional performance bonus of 0.25% in its compensation plan. This incentive will be provided in addition to the annual raise if productivity goals are reached. Assuming the goals are reached, how much will Baldwin pay its employees per hour?
Select: 1
(A) $28.22
(B) $31.04
(C) $28.15
(D) $29.63
