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Evgesh-ka [11]
3 years ago
8

For incentive pay to motivate employees to contribute to the organization's success, the pay plans must be well designed. Which

of the following statements describes a characteristic of a well-designed plan?A. Performance measures are to be linked to the individual's goalsB. Employees are given very broad performance goalsC. Employees value the rewards or incentives that are being offeredD. Employees are given limited resources to meet their goals
Business
1 answer:
olga nikolaevna [1]3 years ago
6 0

Answer:

C. Employees value the rewards or incentives that are being offered

Explanation:

Let's see the different options for answer...

<u>A. Performance measures are to be linked to the individual's goals</u>

No.  Even if the performance measures should be linked to the individual's goals, just the mere existence of such KPI is not sufficient to motivate employees.   There has to be some performance reward attached to it.

<u>B. Employees are given very broad performance goals</u>

No. To get a good performance and motivate employees, they must be given clear goals and objectives.

<u>C. Employees value the rewards or incentives that are being offered</u>

Yes.  Even if you have good performance measurements, with realistic goals, the employees won't be motivated to reach those goals if the reward doesn't worth the effort.

<u>D. Employees are given limited resources to meet their goals</u>

No. They won't be motivated if they don't think they have the means to achieve those goals.

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Korte Company reported the following information for 2014:
sergejj [24]

Answer: For 2014, Korte would report comprehensive income of $341,000.

Explanation:

Korte Company

Comprehensive income statement for 2014 (extract)

Sales revenue                             $1,500,000

Cost of goods sold                      (1,050,000)

Gross profit                                      450,000

Operating expenses                      (165,000)

<em>Other income:</em>

Unrealised gain on AFS securities   50,000

Dividends received                             6,000

Comprehensive income               $341,000        

4 0
3 years ago
Lagle Corporation has provided the following information:
mezya [45]

Answer:

b.$20,550

Explanation:

The period costs are those costs which include costs  for a particular period. The calculation for these costs differ under the two methods  absorption and variable. Under absorption Costing the Period costs include Variable selling and administrative + Fixed selling and administrative expenses.

<u>Lagle Corporation</u>

<u>Absorption Costing</u>

Direct materials $ 4.75 * 7000= $ 33250

Direct labor $ 3.70  * 7000= $ 25900

Variable manufacturing overhead $ 1.45  * 7000= $ 10150

Fixed manufacturing overhead $ 18,200

Total Product costs $ 87,500

Sales commissions $ 1.70  * 7000=$ 11900

Variable administrative expense $ 0.55  * 7000= $ 3850

Fixed selling and administrative expense $ 4,800

Total Period Costs $ 20550

<u><em>Mostly Absorption costing is used for daily basis. Therefore Choice b is the best option</em></u><em>. </em>

Under variable costing the Period costs include Fixed manufacturing overheads + Fixed selling and administrative expenses.

<u>Lagle Corporation</u>

<em>Variable Costing</em>

Direct materials $ 4.75 * 7000= $ 33250

Direct labor $ 3.70  * 7000= $ 25900

Variable manufacturing overhead $ 1.45  * 7000= $ 10150

Sales commissions $ 1.70  * 7000=$ 11900

Variable administrative expense $ 0.55  * 7000= $ 3850

<em>Total Product costs $ 85,050</em>

Fixed selling and administrative expense $ 4,800

Fixed manufacturing overhead $ 18,200

<em>Total Period Costs $ 23000</em>

7 0
3 years ago
Range Economies of Scale Constant Returns to Scale Diseconomies of Scale More than 400 bikes per month Fewer than 300 bikes per
RideAnS [48]
  • Diseconomies of scale result from monthly bike sales of more than 400.
  • Economies of scale = fewer than 300 bikes each month
  • Monthly bike sales of between 300 and 400 bikes = Constant Returns to Scale.
<h3>What is Diseconomies of scale?</h3>
  • Diseconomies of scale are the cost disadvantages that economic actors experience as a result of growing their organizational size or their output.
  • Which leads to higher per-unit costs for the production of products and services.
  • Economies of scale are opposed by the idea of diseconomies of scale.
<h3>What is Economies of scale ?</h3>
  • The cost advantages that businesses experience as a result of their size of operation are known as economies of scale.
  • And they are often quantified by the amount of output generated in a given amount of time.
  • Scale can be increased when the cost per unit of output decreases.
<h3>What is Constant Returns to Scale?</h3>
  • When a company's inputs, such as capital and labor, expand at the same rate as its outputs, or the value of their goods, this is known as a constant return to scale in economics.
  • Returns to scale are measurements over a long time.

Learn more about Constant Returns to Scale here:

brainly.com/question/17326273

#SPJ4

7 0
2 years ago
Nielsen Audio is in the process of attempting to get away from the paper-diary method of data collection by having people carry
vlada-n [284]

Answer:

A. Portable people meter

Explanation:

The portable people meter also called the Nielsen meter or PPM for short is a device used to define listening habits on behalf of radio stations across the United states of America. It records media when it is being used and by who is using it. It's like a pager like device in which people carry out through out the day. The Nielsen then uses data it gets to produce monthly ratings of local reports for each markets.

7 0
3 years ago
What is allowable self-employment plan contributions.
matrenka [14]
<h3><em>Answer:</em></h3><h3><em>Answer:For a self-employed individual, contributions are limited to 25% of your net earnings from self-employment (not including contributions for yourself), up to $61,000 for 2022 ($58,000 for 2021; $57,000 for 2020). You can calculate your plan contributions using the tables and worksheets in Publication 560</em></h3>
4 0
2 years ago
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