Answer:
E. a straight salary.
Explanation:
Straight salary is a compensation method where the salesperson receives a fixed amount. Regardless of the level of output, the salesperson does not get any sales commissions or bonuses. Straight salary is time tied, not performance-focused.
Straight salary is suitable when the business objective is long-term market presence and not short-term high sales volume. It is also used when it is difficult to isolate an individual's effort from team performance.
Straight salary or time-bound salaries do not encourage individuals to put in extra efforts. The other options have commissions and bonus, which is not a feature of straight salaries.
Answer:
B.
Explanation:
Based on the information provided it can be said that the investment adviser should recognize that the customer's request is not within the scope of the adviser's expertise and retain an outside investment counsel. A "passive" investment manager believes in results generated by a diversified portfolio over one of individually selected stocks. Since the individual wants the adviser to choose the stocks, then the adviser has the responsibility to step back due to his lack of expertise selecting an individual stock portfolio and advise the individual to retain another investment advisor.
Answer:
Many managers describe performance appraisal as the responsibility that they like least. Why is this so?
it might be so because managers may feel that performance appraisal is not as productive as other activities, or because they lack the personal skills, or the motivation, to engage in that activity.
What could be done to improve the situation?
Managers should be taught that performance appraisal can be a very effective and productive method for the firm. When workers are praised for their work (when they deserve it), they are likely to be happier in the workplace, and it has been shown by countless studies that happier workers are also more productive.
Answer:
A. A legal benefit and a legal detriment.
Explanation:
In contract law, consideration refers to the benefit element of value that must be bargained between the two parties.
Consideration always includes a legal benefit because you are going to receive some consideration from the other party, but it also involves a legal detriment because you are also giving away something of value (consideration) in exchange to the other party. E.g. you buy a hamburger (you receive food) but you must pay for it (you exchange money).
