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Lera25 [3.4K]
4 years ago
7

Which of the following practices would indicate that an employer is trying to overcome a moral-hazard problem with his employees

?
a) The employer pays his workers wages that are unusually high for the industry and region.
b) The employer pays his employees year-end bonuses depending on how well the business does and his observations of the employees’ efforts.
c) The employer has voluntarily removed video cameras from the factory floor.
d) Both A and B are correct.
Business
1 answer:
dsp734 years ago
4 0

Answer:b) the employer pays his employees year end bonus according to how the business does and his observation of the employees efforts

Explanation: The best payment system to overcome moral- hazard problem by employers is to pay by piece rates.

Piece rates or payment by result system is a payment system where employees are paid in proportion to the efforts and the overall business performance. With this system both employees and employers will be satisfied with the outcomes and will in turn prevent any suspicions from the employees since the system is clearly understood by both parties and a mutual relationship we be created.

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Assume you are a concert and pop-up event promoter; the best measurement method would be audience analysis.

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A corporate promoter is a company or individual who does the preliminary work associated with the formation of a company, such as its promotion, incorporation, and flotation, and solicits people to invest money in the company, typically when it is in the process of being formed.

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5 0
1 year ago
Which of the following is an asset for groups and teams?
WARRIOR [948]

Answer:

Acceptance of solutions is an asset for groups and teams.

Explanation:

Team is a group of individuals who work for same goals and are linked in together for common purpose.Team management is often very challenging job for the organization . Teams are usually used to simplify a complex task and complete the work under the given time scale and satisfying all conditions and parameters.

8 0
4 years ago
You manage a project with 10 activities. Activities A1, A3, A5, A9 form the critical path. As you have a large budget for the pr
Genrish500 [490]

Answer:

A bad idea, as A2 is not on the critical path.

Explanation:

Critical path is a path which is the shortest path of doing the activity.

When an activity is in critical path, then there is a benefit of crashing it. Or if it is not the part of critical path then the benefit is to crash the activity and then apply the spare resources in some activity which is a part of critical path.

Thus, crashing A2 which is not a part of critical path and then not deploying the resources on to the activities of critical path will not provide for any benefit.

It is ultimately not a wise idea.

4 0
4 years ago
The following standards for variable manufacturing overhead have been established for a company that makes only one product:
Marianna [84]

Answer:

variable overhead efficiency variance= $22,780 unfavorable

Explanation:

Giving the following information:

Standard hours per unit of output 7.0 hours

Standard variable overhead rate $ 13.40 per hour

Actual hours 2,725 hours

The actual output of 150 units

To calculate the variable overhead efficiency variance, we need to use the following formula:

variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate

Standard quantity= 150*7= 1,050 hours

variable overhead efficiency variance= (1,050 - 2,750)*13.4

variable overhead efficiency variance= $22,780 unfavorable

6 0
4 years ago
_________ is another term for a defensive strategy. multiple choice a fixed plan the aggressive approach a stability strategy a
alexandr1967 [171]
A retrenchment strategy <span>is another term for a defensive strategy. 
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<span>This strategy will revitalize the organizational resources.</span>
8 0
3 years ago
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