Answer:
rent seeking company
Explanation:
Currently most large corporations operate as monopolies or oligopolies which gives them huge market power and they generally abuse of it.
Rent seeking happens when companies (usually very large companies) increase their profits without an increase in productivity.
Corporations seek higher rent usually through lobbyists that obtain political favors for them, e.g. lower taxes, grants, subsidies, or tariff protection.
A job analysis method by which important job tasks are identified for job success is known as
functional job analysis
Answer:
For a company’s compensation strategy to be effective, it must be linked to the overall business strategy. Because compensation accounts for 30-60% of business costs, it is essential for organizations to identify the drivers behind pay. For this reason, the foundational step of creating any solid compensation strategy is linking it to the business strategy.
Explanation:
Answer: Option C
Explanation: As per the leader- member exchange model, the relationship between the senior and subordinate is based on the honesty and truth and extends beyond the employment relations.
This model is often used by the organisations that gives high importance to the employees and tries to maintain healthy relationships and positive environment within the workplace.
Hence from the above we can conclude that the correct option is C .
Answer:
the next best alternative bundle of goods and services that could be provided.
Explanation:
Opportunity cost can be described as the cost of what was given up in order to carry out a particular activity. It is the next best alternative bundle of goods and services that could be provided. It is also known as implicit cost and it is used in calculating economic profit.
Economic profit = Accounting profit - Opportunity cost
The monetary cost expressed in reals (Brazilian currency) is the explicit cost.
Explicit cost is the actual cost incurred in carrying out an activity.
Accounting profit = Total revenue - Explicit cost
I hope my answer helps you
