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arlik [135]
4 years ago
15

The total package that a firm offers employees in return for their labor is called?

Business
1 answer:
san4es73 [151]4 years ago
5 0

Answer:

A compensation system.

Explanation:

You might be interested in
the structured and informal organizational network that is founded in social relationships rather than organizational charts or
myrzilka [38]

Answer: The options are:

True/False.

The answer is True

Explanation: Grapevine is an unofficial, informal, and personal channel of communication that occurs within an organization.

This kind of system does not follow organizational charts, or job description.

An attribute of this system of communication is that it can happen between an employee and his/her superior without following any formal structure.

It will mostly take the shape of rumors among colleagues.

7 0
4 years ago
What are the elements of the gap in the London hotel luxury market?
iogann1982 [59]

The elements of the gap in the London hotel luxury market are airport hotels, business hotels, suite hotels and resorts etc.

<h3>What elements in the London hotel luxury market?</h3>

The world luxury hotel market center is mainly on the type and geographical segment. The luxury hotels type segment includes airport hotels, business hotels, suite hotels, resorts, and others (eco-hotel and serviced apartments). The fashion agency is trying to enter China's booming luxury market.

The emotional relation between luxury hospitality and creating that 'home-from-home' feeling that is linked to the result, the service, and the people. Together they generate a guest experience that is special to the brand and the property. Luxury hotels should have at least one full-service, Michelin-starred restaurant, and ideally more than one.

So we can conclude that the luxury market is a market for expensive goods that are not required but are bought for contentment.

Learn more about luxury hotels here: brainly.com/question/17329032

#SPJ1

8 0
1 year ago
A worker who loses a job at a call center because business firms switch the call center to another country is an example of whic
alexira [117]

Answer:

"Structural unemployment" is the right approach.

Explanation:

  • The terminology economists mischaracterize unemployment, which seems to be the consequences of such an absence or failure of coordination of talents as well as of opportunities, is defined as Structural unemployment.
  • This would be caused by economic shifts that prevent jobless persons from finding opportunities throughout different firms with very high qualifications.
6 0
3 years ago
You are concerned with a steady decline in profits in your​ company, despite the fact that costs are not rising at an unreasonab
alexdok [17]

Answer:

I will visit the sales manager first

Explanation:

A company is profitable if its turnover exceeds expenditure. In other words, total sales must be more than the sum of the cost of sales and operating costs.

In a company, the significant cost components are inventory and operations costs. In this case, costs are risings reasonable. It signifies growth in production activities. The problem for the company is likely to be sales-related. Possible challenges in sales departments include.

  1. A significant drop in sales volumes

     2. Low mark-up on the companies products

     3. Pilferage or fraud in the sales processes.

4 0
3 years ago
Technical improvements cause production costs to decline, which causes ( demand , supply , income ) to increase and prices to (
vichka [17]

Answer:

supply; decrease

increase; demand

Explanation:

If the production costs decline, producers are able to manufacture more products with the same amount of money which means that the supply increases and when the amount of products offered increases, the price tends to decrease.

If the unemployment decreases, more people have jobs and salaries which means that consumer income increases and if people have more money, they are more willing to buy things which causes the demand to increase.

6 0
3 years ago
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