The person's new salary based on the new CPI of 112 should be $30,545.
<h3>What is the consumer price index (CPI)?</h3>
The Consumer Price Index (CPI) is an aggregate measure of the average price changes over time for a market basket of consumer goods and services. The index is used by businesses, governments, and individuals to gauge the inflation trend in the economy.
Data and Calculations:
Old CPI = 110
New CPI = 112
Old salary = $30,000
New salary = $30,545 ($30,000/110 x 112)
Thus, the person's new salary based on the new CPI of 112 should be $30,545.
Learn more about the consumer price index (CPI) at brainly.com/question/24888747
Answer:
Straight salary compensation plan
Explanation:
- The correct answer is Straight salary compensation plan because here Bush company of Refrigeration has placed Daniel on a straight salary compensation plan
- As the Straight Pay Compensation Scheme is a form of payment that a company hires at a certain point in time that does not affect employee performance.
Answer:
Explanation:
A. mean higher prices for customers but will lead to greater customer satisfaction
B. mean higher prices for customers and thus lower customer satisfaction
C. offer lower prices for customers but lead to lower customer satisfaction
D. offer lower prices for customers and lead to greater customer satisfaction
Answer and explanation:
Implementation of projects is important to strategic planning and the project manager because it finds out how successful a project could be according to the goals set to accomplish the objective. In the process, it unveils issues and challenges that were not anticipated that can be solved in time, providing the desired or a better version of the output wanted.
