Pay plans or compensation plans are used to control, energize or direct the employees in a particular job at any company or organization.
Option C is the correct answer.
<h3>Who is an employee?</h3>
An employee is a person who is hired by an organization on the basis of his/her skills and abilities as per the required job profile. An employee is usually hired by the authorized HR of a particular company.
The pay plans or compensation plans are the plans devised by an organization which is inclusive of the details related to the salary provided to an employee along with additional incentives on the basis of their performance and the assigned tasks.
Therefore, the employees can be directed, controlled, and energized through the payment plans.
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Answer:
Consumers cannot find enough of a popular new toy in stores.
Explanation:
If there is a shortage, there is not enough supply for the demand.
As a business person planning to open a new small business, you know that the business plan should not contain pages and pages of detailed facts and figures.
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The majority of conventional portfolio-analysis methodologies evaluate SBUs based on two crucial factors: the market or industry an SBU operates in is appealing, and an SBU's position within that market or industry is strong.
What is Strategic Business Unit?
A strategic business unit, or SBU for short, is a fully operational part of an organization with its own mission and goals. An key section of the organization, a strategic business unit typically functions independently. It provides updates on its operational status to the headquarters. Although a strategic business unit, or SBU, is an independent company, it is required to report directly to the organization's headquarters on the status of its operations. It is independent and centered on a particular market. It is large enough to have independent support divisions for things like human resources and training. Having an SBU has a number of advantages. For businesses with a variety of product structures, this strategy is most effective. Proctor and Gamble, LG, and other businesses are the best examples of SBU. Under one roof, these businesses house numerous product categories. For instance, the company LG produces consumer durables.
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Answer:
Differential income from the special order= $127,000
Explanation:
A company should accept a special order where the order generates additional contribution. i.e where the special order sales exceeds all relevant cost.
The relevant cost for decision to accept the special order are
I Incremental Revenue from the special order
2. incremental variable cost
Contribution per unit = 18-13=5
Total contribution from special order = contribution per unit × units
= 5× 25,400=$127,000
Differential income from the special order= $127,000
Note that whether or not the special order is accepted the fixed manufacturing and fixed operating expenses of would be incurred either way. Therefore , they are not relevant for the decision