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xxTIMURxx [149]
3 years ago
13

Which of the following statements is true about skill-based pay?A. Skill-based pay provides a way to ensure that employees can u

se their new skills.B. Gathering market data about skill-based pay is easy.C. Skill-based pay ensures that the employer pays the employee for learning skills that benefit the employer.D. Skill-based pay does not necessarily provide an alternative to the bureaucracy and paperwork of traditional pay structures.E. Skill-based pay does not require records related to skills, training, and knowledge acquired.
Business
1 answer:
Elena-2011 [213]3 years ago
7 0

Answer:

Among the advantages of skill-based pay are the following:

Flexibility is increased by encouraging the performance of multiple tasks. It enables job rotation, and filling of temporary vacancies due, for instance, to absenteeism. It therefore contributes to a leaner workforce.

Explanation:

You might be interested in
The corporation's task environment: a. encompasses the physical working areas of the organization. b. includes those elements or
Mazyrski [523]

Answer:

b. includes those elements or groups within an organization's industry.

Explanation:

A corporation's task environment are components that affects and can be affected by an organization's mode of operation. They are external factors that could hinder a business from achieving her goals, aims and objectives, such factors includes customers, suppliers, supply of labour, regulations and regulators, etc.

It must be generally noted that every corporation's task environment is always and constantly changing, and this changes comes with their own challenges.

8 0
3 years ago
Ahmed, a lawyer, sold his car to Carlos. Has an implied warranty of merchantability been created by this transaction? No, becaus
GuDViN [60]

Answer:

A.  No, because Ahmed is not a merchant.

Explanation:

Implied warranty of merchantability is a law in contract which states that when there is a transaction between a seller (the merchant), and a buyer, there is an unwritten guarantee from the seller, that the product meets up to the ordinary standards of care. This means that the goods must be fit to do what the merchant says it will do.  Therefore, if the seller finds it defective, he could return it to the seller. and if the seller refuses to make a change, a legal case could be established. The merchant by law is a wholesaler or retailer, who sells goods in which he has expertise or special skills.

Ahmed in the question could be argued in court to not be a merchant of cars and as such, has no expertise with which he can make a guarantee for the car being sold to Carlos.

5 0
3 years ago
Peter Realtors, a real estate consulting firm, specializes in advising companies on potential new plant sites. The company uses
marissa [1.9K]

Answer:

1. Hourly Direct Labor Cost rate = Direct Labor cost / Direct Labor hours

Hourly Direct Labor Cost rate = 2,500,000 / 25,000

Hourly Direct Labor Cost rate = $100 per hour

<u>Computation of Indirect cost</u>

Office Rent                     $320,000

Support staff salaries    $1,260,000

Utilities                           <u>$420,000</u>

Total Indirect Costs      <u>$2,000,000</u>

Predetermined indirect cost allocation rate = = Total Estimated indirect cost / Total estimated direct labor cost  = 2,000,000 / 2,500,000  = 80% of Direct Cost

2.  Direct Labor            $25,000  (250 * 100)

Indirect Cost               <u>$20,000</u>  (25,000 * 80%)

Total Predicted cost   <u>$45,000</u>

3. Predicted cost                   $45,000

Desired Profit                       <u>$22,500</u> (50% of $45,000)

Required Service revenue  <u>$67,500</u>

4 0
4 years ago
Break-even sales and sales to realize operating income For the current year ended March 31, Cosgrove Company expects fixed costs
Anna11 [10]

Answer:

a. 80,000 units

b. 95,000 units

Explanation:

The computation is shown below:

a.The anticipated break-even sales (units) is

As we know that

Break even point in units   = Total fixed cost ÷ Contribution margin per unit

= $27,600,000 ÷  $345    

= 80,000 units

Where,

Contribution margin per unit = Selling price per unit - Variable cost per unit

= $1,150 - $805    

= $345

b. The units for realize operating income is

Unit sales for target profit   = (Fixed expense + Target profit) ÷ Contribution margin per unit

= ($27,600,000 + $5,175,000) ÷ $345    

= $32,775,000 ÷ $345    

= 95,000 units

3 0
4 years ago
Jordan has the following assets and liabilities: Two cars $10,000 House $200,000 Mortgage $100,000 Cash $1,000 Car loans $3,000
kirill [66]

Answer: B. increase to $209,000;increase to $209,000

Explanation:

<em>If he uses that money to pay off his mortgage, his wealth would </em><em><u>increase to $209,000</u></em><em> if he puts that money in his checking account, his wealth would </em><em><u>increase to $209,000.</u></em>

<u></u>

A person's wealth is calculated by deducting their liabilities from assets. In this case Jordan's wealth is;

= 10,000 + 200,000 + 1,000 + 2,000 - 100,000 - 3,000 - 1,000

= $109,000

If he pays off the Mortgage his debt will reduce by $100,000 which will increase his wealth to $209,000.

If he puts the money in his checking account, his assets will increase by $100,000 which will bring his wealth to $209,000 as well.

7 0
3 years ago
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