Answer:
D. base an employee's salary on the number of task skills he or she possesses.
Explanation:
Pay for knowledge programme as the name implies, is when an employer renumerate an employee for learning or developing new skills/task on the job.
If an employee develop new skills while working and then get renumerated, this will make the employee get himself or herself acquainted with the company. In order words, the employee will go out of his way to improve his efficiency in terms of increase in productivity due to the new task skill gained.
In this reward system, the employer rewards the employee with payment increase for leaning new task and skills on the job which is beyond their regular activity.
Answer:
The correct answer to this question is D
Explanation:
Offering the same value for less than what other sellers are willing to take is a strategy called below the market pricing.
According to the principles of Economics, lower prices often stimulate demand especially with commodities or goods that are categorised as price-sensitive or perfectly elastic. With goods that are perfectly elastic, small price changes lead to a great change in demand.
Traditionally, there are 4 Ps of marketing:
- Product
- Promotion
- Place and
- Price
What Cutter Ford Aiea has done with their positioning is to play around the price component of marketing by reducing the profit accruable so that they are able to win more market share at the cost of lower profit/sale but with higher profits as the turnover increases due to increased demand.
So everyone likes a good deal especially when the value proposition with competing offers remain the same.
Cheers!
Answer:
the correct answer is
The price and the real GDP both fall
Answer:
The desired profit from the sale and production of K is 10% of invested amount=10%*$1285000
=$128500
cost per unit =$18.68
b.total manufacturing cost=$18.68*50000=$934000
cost per unit remains=$18.68
Profit per unit =$2,57
markup %=2.57/18.68=13.76%
Selling price =cost+mark up
=$18.68+$2.57
=$21.25
Explanation:
I have attached an excel file for further understanding on the formulas used above,please check out the file in order to gain better insights into the exercise.