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Natali [406]
3 years ago
12

__________ argues that the productivity of workers will increase if they are paid more, and so employers will often find it wort

hwhile to pay their employees somewhat more than market conditions might dictate
Business
1 answer:
Triss [41]3 years ago
6 0

Answer:

Efficiency wage theory

Explanation:

Efficiency wage theory was first postulated by Alfred Marshall, where he viewed compensation to workers as based on their efficiency.

Companies use efficient wage to reduce staff turnover, as staff are motivated to stay because of wages that are above the industry standard.

It is also a way to reduce cost mostly in industries where the cost of staff replacement is high.

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3 years ago
Which of the following are integral parts of the managerial process of crafting and executing strategy?
iVinArrow [24]

Answer:

The correct answer is a. Developing a strategic vision, setting objectives, and crafting a strategy .

Explanation:

Management has the responsibility of charting the strategic course, establishing a series of objectives that allow it to choose a strategy that allows achieving everything planned. Likewise, the board of directors is responsible for defining and executing such strategies.

The management process has the following stages:

1. Define strategic vision.

2. Set Goals.

3. Develop the strategy.

4. Apply and implement the strategy.

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3 years ago
What will happen in the gasoline market now if buyers expect higher gasoline prices in the near future?
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D.) i had it right on my test
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BigorU [14]

Answer:

The correct answer is A and C as both are true statement.

Explanation:

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So, if the borrower paid the minimum amount towards the credit card, then the borrower is still in debt until clears or paid the whole amount and also will be charged the interest against the remaining balance or amount.

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Which of the following helps economists judge the overall condition of a
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Explanation:

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