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pantera1 [17]
3 years ago
9

The management of McCord Corp. makes an announcement that the top three employees of the firm will be rewarded with expensive gi

fts at the end of the month. These employees will be selected on the basis of their performance. Following the announcement, all the employees start putting in more effort by working extra hours and improving the quality of their work. In this scenario, McCord uses _____ to motivate employees.
Business
1 answer:
Nadya [2.5K]3 years ago
5 0

Answer: Expectancy Theory

Explanation: Expectancy theory formulates that a person will conduct oneself in a specific manner as he or she is motivated to choose a particular behavior over others because of what they regard the outcome of the behavior that is selected as likely to be.

Here, the management of McCloud Corp utilizes the expectancy theory to make the workers develop the quality of their work and put in extra effort to the work . However, this theory is aimed at giving rewards to workers who earned them and also chose to get rewarded as they are chosen by their performance. The inspiration for the behavior preference is deduced by how appealing the result is.

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John's T-shirt business uses the demand function P= -Q + 38 and the supply
GaryK [48]

The correct option is - B (16, 22)

Explanation:

<u>Given: </u>

Demand function = P = -Q +38

Supply function = P = Q – 6

<u>In order to find the equilibrium, the demand function must be equal to the supply function. </u>

Thus, putting the demand function equal to the supply function , we get,

Q – 6 = -Q + 38

Solving the above equations, Q = 22

Now, putting the value of Q in demand function in order to find out the value of P,

P = -22 + 38

P = 16

Thus, Option B is correct (16, 22)

3 0
3 years ago
Read 2 more answers
All of the following are considered routine business messages except a. an all-staff memo that outlines the new procedures for p
dsp73

Answer:

d. a letter to a customer denying a request for credit.

Explanation:

Routine messages are part of a business' daily operations; It communicates the what, who, where and when elements of operations. They are usually  simple and positive requests for information or action by one person to another, daily meeting with coworkers, new updates and  instructions as well as replies to customers. Among the choices given, a letter to a customer denying a request for credit is not part of it.

3 0
3 years ago
Is a company more likely to adjust its mission statement or its business strategy? Explain your answer.
jonny [76]

The correct answer to this open question is the following.

A company is more likely to adjust its business strategy to accomplish its goals and follow its mission.

The Mission of the company is permanent, which means it does not change every determined month or a couple of years. It can be modified after many years. But the Mission is established as the purpose of the company. That is why the organization has to permanently adjust its business strategy in order to fulfill the mission and accomplish its goals.

5 0
4 years ago
The following information describes production activities of Mercer Manufacturing for the year. Actual direct materials used 24,
UNO [17]

Answer:

(1)

Compute the direct materials price and quantity variances. (Round your answers to 2 decimal places.)

save image

Explanation:

(1)

Standard quantity 30,060 units × 1/2 pound per unit = 15,030 pounds

(2)

Standard hours 30,060 units × 1/6 hour per unit = 5,010 hours

Actual rate per hour = $106,656/5,555 hours = $19.20

Explanation:

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