Based on the different types of compensation and their determination, the following are true:
- Wages - Paid by the Hour - Sarah's direct deposit.
- Commission - A percentage of sales - Lucinda's percentage.
- Salary - Calculated weekly or monthly - Frank's overtime pay.
- Bonuses - For performance - Janet's Low Sales.
- Profit sharing - Based on Co. earnings - Robert's year end reward.
<h3>Types of compensation </h3>
Wages are calculated by the hour and then paid to the relevant employee sometimes in cash or by direct debit. Commissions are a percentage of sales.
Salaries are calculate monthly or weekly and include overtime. Bonuses are based on performance so people who don't perform well don't get much. Profit sharing depends on how much a company makes in a year and are distributed at the end of the year.
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Answer:
A. inelastic
Explanation:
Inelastic demand is when people buy about same amount whether price drops or rises.
Even with the higher changes in the prices in the cinema, there is not considerable impact on Movie going audience. Also, addition to it, people go to cinemas at evening and weekend shows more than daytime shows or weekday shows even the tickets have price higher.
<u>This shows that the inelastic nature of movie ticket demand.</u>
Answer:
business is any activity carried out by an individual or an organisation with an aim of making profit
Explanation:
business serves several purposes
- Raises the standard of living
- Creates employment directly and indirectly
- Earns revenue for a country
- etc
The manager of a profit center has control over both costs and revenues, but not over the use of funds.
A profit center's manager controls cost and income but not how investment funds are used. They help management make decisions on how to allocate funds, come up with plans for underperforming units, etc. They aid in financial control by making it easier to spot differences between planned and actual spending.
<h3>
What does a profit center manager do?</h3>
In a profit center, the manager is in charge of the subunit's revenue production. Additionally, they are in charge of the costs and expenditures made by the component as part of regular company operations. Therefore, the profit of the subunit is the responsibility of the manager of a profit center.
A profit center manager is responsible for both sales and outlays expenses, and consequently for profits. This means that the manager is responsible for overseeing the cost-generating activities while pushing the sales revenue-generating activities that result in cash inflows.
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Answer: The aspect of the <u>SMART</u> goal that is missing is <u>Deadlines or Target date.</u>
Explanation:
Here <u>SMART</u> is abbreviated as <u>S</u>pecific, <u>M</u>easurable, <u>A</u>ttainable, <u>R</u>esult oriented and <u>T</u>ime bound. The aspect of the time bound has not been included in this respective scenario.