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Leto [7]
3 years ago
7

Ever since the organization began a group incentive program, John has noticed that his team appears more loyal to one another th

an they were before the group incentive program began.
This illustrates which advantage of group incentives?

a. promotes better teamwork
b. broadens individual outlook
c. requires less supervision
d. is easier to develop than individual incentive programs
Business
1 answer:
777dan777 [17]3 years ago
4 0

Answer:

The correct answer is letter "A": promotes better teamwork.

Explanation:

Group incentives represent all the efforts managers make to keep their subordinates motivated collectively. This is achieved by different methods such as introducing a new bonus to the team that performs better allowing teams to take more decisions on their duties. By doing so, members of a group are likely to improve their engagement with other coworkers in the pursuit of achieving an objective.

<em>Teamwork is highly promoted by incentivizing groups compared to motivating individuals separately.</em>

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If there is a sudden influx of various technology formats for the same type of product, consumers may delay their purchase as a
Anika [276]

Answer:

The correct answer is letter "A": cooperating with one another.

Explanation:

In front of consumer hesitation about technology being introduced in the market, companies selling those products should <em>join forces</em> to keep buyers updated. They can achieve that by providing their sales team with flyers where the main attractive features of the new technology can be outlined promoting customers to request additional information to clerks in an attempt to have them close sales.  

Besides, companies can organize events where all of them show consumers their products using the new technology introduced where customers can interact with it and learn more about how it works.

8 0
3 years ago
Utopia Corporation provides $6,000 worth of lawn care on account during the month. Experience suggests that about 3% of net cred
Rasek [7]

Answer:

Journal Entry

Explanation:

The Journal Entry is shown below:-

Bad debt expense Dr,               $180

         To Accounts receivable            $180

(Being bad debt expenses is recorded)

Working Note:-

Bad debt expense = $6,000 × 3% = $180 is estimated

Therefore for recording the bad debt expenses we debited bad debt and credited accounts receivable.

8 0
3 years ago
A cost incurred in the past that is not relevant to any current decision is classified as a(n):_________
inessss [21]

A cost incurred in the past that is not relevant to any current decision is classified as a(n): Sunk costs

This is further explained below.

<h3>What are Sunk costs?</h3>

Generally, A cost that has already been incurred but cannot be recouped is referred to as a "sunk cost" in economics and the process of making business decisions. In contrast to sunk costs, prospective costs are future expenses that might be avoided if action is done, while sunk costs have already been incurred.

In conclusion, A cost that was incurred in the past but is not relevant to any choice that is being made at this time is considered to be a(n): Incurred expenses

Read more about Sunk costs

brainly.com/question/20438089

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6 0
2 years ago
Skrugetech Inc. designs its jobs in such a way that each job profile has a number of tasks associated with it. The employees are
DiKsa [7]

Answer: (C) Job enrichment

Explanation:

 The job enrichment is one of the type of method that is used for motivating the employees in an organization for specific job and the various types of challenging tasks.

The main aim of the job enrichment is that it helps in creating the various types of opportunities for the recognition the skills and also the professional growth in an organization.

It also provide the various types of self management to the employees in their specific tasks or duties. According to the question, the Skrugetech Inc. is using the job enrichment for designing the jobs profiles in an organization.

 Therefore, Option (C) is correct answer.      

8 0
3 years ago
Elaborate on the Factor Endowments Theory. This theory is based on the Comparative Advantage reason for trade, which stems from
weeeeeb [17]

A comparative advantage exists when the possible value of specialization is lower than that of different nations. The life of comparative advantage is, in turn, suffering from things consisting of abundance, productivity, cost of exertions, land, and capital.

Comparative gain refers back to the capacity to produce goods and services at a decreased opportunity value, no longer necessarily at a greater volume or quality. Comparative advantage is a key insight that trade will still arise despite the fact that one u . s . has an absolute advantage in all products.

Comparative gain is a key principle in global trade and paperwork the basis of why free change is useful to nations. The idea of comparative advantage indicates that even supposing a country enjoys an absolute advantage in the manufacturing of goods, trade can nonetheless be beneficial to each trading partner.

Learn more about Comparative Advantage here:brainly.com/question/2827889

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7 0
1 year ago
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