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photoshop1234 [79]
3 years ago
15

Leonard, the manager of a manufacturing firm, wants the organization to perform better. He expects his employees to think more l

ike owners, taking a broad view of what they need to do in order to make the organization more effective. In this case, Leonard should
Business
1 answer:
adoni [48]3 years ago
6 0

Answer:

implement a profit-sharing incentive plan

Explanation:

Based on the scenario being described within the question it can be said that in this case, Leonard should implement a profit-sharing incentive plan. This is a plan that provides employees with an additional form of direct or indirect payment on top of their salaries, usually by giving them shares of the company. This will motivate them towards focusing on bettering the company because if the company/organization performs better then the shares will be worth more to them.

You might be interested in
A business owner makes 50 items by hand in 40 hours. She could have earned $20 an hour working for someone else. Her total expli
SOVA2 [1]

Answer:

- $250

Explanation:

The economic profit calculation is presented below:

= Total revenues - explicit cost - implicit cost

where,  

Total revenues = Explicit revenue × implicit revenue

= $15 × 50 items

= $750

Explicit cost = $200

Implicit cost = $20 × 40 hours = $800

Now place these values in the formula above

So the value would be equal to

= $750 - $200 - $800

= - $250

6 0
3 years ago
Flo and Glen form Health Food Inc. to coordinate the purchase, sale, and delivery of food products from organic farms to hospita
aksik [14]

Answer: Option (D)

Explanation:

Benefit corporation is referred to as the traditional organization with the modified accountability delivering it to the higher principle of the purpose, responsibility and transparency. The sole purpose of this Benefit corporation is to commit to the creation of public benefit and thus add sustainable value alongside generating the profit.

4 0
2 years ago
a variable life insurance agent must be licensed and appointed as a life and variable contract agent, as well as an
irina1246 [14]

A variable life insurance agent must be licensed and appointed as a life and variable contract agent, as well as a broker-dealer. This is further explained below.

<h3>What is a broker-dealer?</h3>

Generally, a member of the Stock Exchange who performs the duties of both a broker and a jobber.

In conclusion, An individual who wishes to sell variable life insurance must first get a license and then be designated as a life and variable contract agent in addition to being a broker-dealer.

Read more about broker-dealer

brainly.com/question/14330803

#SPJ1

7 0
1 year ago
Which of the following describes a potential risk for facing online predators?
wel
A.Tammy's little sister starts visiting online chat rooms to make friends
5 0
3 years ago
Over the past year you earned a nominal rate of interest of 10% on your money. The inflation rate was 5% over the same period. T
Veronika [31]

Answer:

5%

Explanation:

Purchasing power refers to the amount of goods and services a unit of currency can buy.

Purchasing power can be determined by finding the real interest rate.

Real interest rate = Nominal interest rate - inflation rate

10% - 5% = 5%

I hope my answer helps you

5 0
3 years ago
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