Answer:
a. reward system
b. Surface value
c. Perquisites
d. Compensation packages
Explanation:
Reward system encompasses the whole compensation packages for workers.
Base pay is the main determinant for other compensations.
Symbolic value refers to the representational value of a reward as opposed to the worth.
Compensation packages for various entities vary depending on the organization.
Indirect compensation is not directly linked to a job.
Perquisites refer to the benefits from employment.
Flexible reward system is not a fixed system, but one that flexes with other factors.
Participative pay system encourages workers' contribution in determining pay.
Surface value is the worth of a compensation to the recipient.
Incentive system refers to the employment structure that motivates employees to act in the best interest of the organization.
Answer:
b) has sunk costs of exist6,000.
Explanation:
The cost which already been incurred and does not effect the decision being made. This cost is prospective cost. It can be avoided in decision making process.
Sunk Cost
Upgradation of Equipment = $6,000
Other cost are the routine costs which incur every year and future cost which is expected to be incur.
Answer:
Standard cost= $88 per unit
Explanation:
Giving the following information:
Its specifications call for 2 square yards of wool per coat. The budgeted price of wool is $44 per square yard.
To calculate the standard cost per unit, we need to multiply the total direct material quantity per unit for its unitary cost.
Standard cost= 2sq*$44= $88 per unit
To calculate the decrease in the GPD, we will have to multiply the decline in the government's spending by the multiplier.
Since the MPC is 2/3, therefore, the multiplier in this case is 3.
Therefore:
<span>if government spending decreases by $6 billion, equilibrium gdp will decrease by 3*$6 billion = $18 billion</span>
<span>False. The bottom of the pyramid innovation or 'BoP' innovation refers to people who lives at the bottom of the society generally are hard to adept to new technologies and innovations. However, in recent years, 'BoP' innovation has been proven to have a huge market.</span>
