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The pay rates in the organization may not match the pay structure in the market when a company sets its pay rates based strictly

Grace [21]

There are discrepancies between the pay rates of a company and the pay structure in the market when a company sets its pay rates strictly based on a <u>pay policy</u><u> line</u>.

A pay rate can be defined as a measure of the amount of money that is being paid by a company to its employees (workers) per period of work or unit of production, which is usually on a hourly, weekly, or monthly basis.

In business management, discrepancies would generally exist between the pay rates of a company and the pay structure in the market when a company sets its pay rates strictly based on a <u>pay policy</u><u> line</u>.

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6 0

2 years ago

A higher price point should create value for the customer. The buyers need to know that they are paying for __________, or an un

nlexa [21]

Answer:

Differentiation.

Explanation:

The concept of value for the customer corresponds to the expectation that the product will meet the needs, desires and features that he expects.

The customer's perception of the concept of value is affected in rational and irrational ways, such as brand image, product performance, high price, etc.

Therefore, when a company offers a product at a higher price, it is passing on to the consumer the higher production cost of an item, which has features that add greater value and functionality, such as differentiation, personalization or an unforgettable customer experience.

Differentiated products are those produced in a more heterogeneous way compared to standard products, therefore differentiated products have distinct characteristics that add greater value, such as new features, technology, design, durability, style, etc.

3 0

3 years ago

I NEED HELP ASAP please

JulsSmile [24]

Auto Loan - installment, secured, fixed

Credit Cards - installment, unsecured, CBE

Mortgage - installment, secured, variable

Payday loan - CBE, secured, and CBE

Personal loan - installment, unsecured, CBE

Small businesses - CBE, unsecured, CBE

Student loan - installment, unsecured, CBE

I believe that’s right. I’m so sorry if it isn’t.

6 0

3 years ago

On January 1, 2020, Waterway Company purchased 11% bonds, having a maturity value of $312,000 for $336,270.95. The bonds provide

mafiozo [28]

Answer and Explanation:

The journal entries are shown below:

1. 11% bonds payable $336,270.95

To cash $336,270.95

(Being the bond purchased for cash is recorded)

2. Cash ($312,000 × 11%) $34,320

To Interest revenue ($336,270.95 × 9%) $30,264

To 11% bond payable $4,056

(Being the interest revenue is recorded)

Fair value adjustment $1,685.05

To Unrealized gain $1,685.05

(Being the recognition of fair value is recorded)

It is computed below:

= (333,900 - ($336,270.95 - $4,056) )

3. Unrealized gain $13,000 ($333,900 - $320,900)

To fair value adjustment $13,000

(Being the recognition of fair value is recorded)

8 0

3 years ago

In a market economy, decisions about which goods are produced are based

STatiana [176]

Answer:

B. what businesses believe will generate the most profits.

Explanation:

A market economy is one where the factors of production are owned by the private sector. Production and distribution of products and services are in the hands of private individuals and firms. The government's role is mostly regulation and the provision of public goods.

In the market economy, the private sector engages in business to make profits. They risk their resources in producing goods and services that can increase their wealth. Only the products that are likely to generate profits are produced.

4 0

3 years ago