Answer:
In hindsight, <u>from the Gilded Age </u><u>monopolists </u><u>perspective they would say that they have pushed too far with manipulation of prices and thus brought negative reaction and counter measures from the general public.</u> In particular, farmers in the Western country demanded that the government set maximum prices on railroads because monopolist had uncontrolled pricing power. Through the Granger movement they achieved passing of some of the ‘Granger Laws’ and set pricing limit on some services.
This concerned other industries as well. For example, the famous <u>Robber baron</u> Vanderbilt was competing with steamboat monopoly that controlled transportation between New York City and Albany. Using populist rhetoric and peoples line to bring down monopolies, he was trying to pave the way for his own business. Meanwhile, <u>the monopolistic Hudson River Steamboat Association end up paying him a great amount of money so that he would stop doing it</u>.
Employee recognition and rewards can serve serve as a motivator for staff. One of the biggest chances managers and leaders lose is rewarding and recognizing employees. It not only inspires your staff but also gives them a great sense of success.
<h3><u>
What are Employee Recognition?</u></h3>
- Employee recognition is the timely, informal or official acknowledgment of an individual's conduct, effort, or business outcome that promotes the organization's goals and values and goes above and beyond what would normally be expected of him by his superior.
- Recognition has been defined as a positive reaction and evaluation of an individual's contribution, reflecting not only professional performance but also personal dedication and engagement on a regular or, and expressed formally or informally, individually or collectively, privately or publicly, and monetarily or non-monetarily.
- There are four recognition techniques in regard to employee recognition programs: existential recognition, work practice recognition, job dedication recognition, and results recognition.
Employee engagement and loyalty to the company will increase when they feel that their labor is truly recognized. One of the main benefits of having a recognition and reward program at work is that it helps you retain employees.
- Employee recognition's key effect is that it serves as an important motivational factor.
- As a result, more employees are retained. Although many leaders view this as requiring a significant amount of work, it is unquestionably worthwhile.
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<span>According to the coso integrated framework, reviews of operating performance are an example of </span>Control Activities<span>(performance indicator)
In the five elements of internal control, Control activities are the set of procedures and regulations that should be carried so the management could avoid as much risk as possible in decision making</span>
Answer:
outer core...............
