1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Assoli18 [71]
3 years ago
15

"At Artistic Floral Creations, the non-managerial employees all receive the same pay increase every year. Usually this increase

is about 5%, but some years it has been as high as 10% depending on changes in the cost-of-living. Artistic Floral Creations has a _______________ philosophy of compensation."
Business
2 answers:
vladimir1956 [14]3 years ago
5 0

Answer:

Artistic Floral Creations has a entitlement philosophy of compensation.

Explanation:

A compensation philosophy is simply refers to a formal statement which documents a company's position about the compensation of its employees.

It is an explanation of the reason for employee payment and it creates a framework for consistency. Employers use their compensation philosophy to attract, retain and motivate employees

Entitlement philosophy of compensation therefore assumes that the employees who have worked for another year in a company are entitled to pay increases, regardless of their performance differences. This action is often geared towards a higher job performance, and job satisfaction.

krek1111 [17]3 years ago
4 0

Answer:

Artistic Floral Creations has an entitlement philosophy of compensation.

Explanation:

Entitlement philosophy of compensation is a compensation system that organizes yearly increase in pay for employees as long as they spend another year working for their employers (an organization, firm or company).

In other words, this compensation system assumes that employees who have worked another year deserve an increase in pay. The rate of increase in pay is the same for employees. Similarly, they all get the same bonus pay-out.  

You might be interested in
Stubs-R-Us is a local event ticket broker. Last year, the company sold 750,000 tickets with an average commission of $10. Becaus
jok3333 [9.3K]

Answer:

$6,237,600

Explanation:

The computation of Estimate commission revenues is shown below:-

In the Coming year the market volume = 100% - 20%

= 80%

In the Coming year the number of sales = 100% - 8%

= 92%

In the coming year the Average commission per trade = 100% + 13%

= 113%

Commission revenue = Sold tickets × Average commission × In the Coming year the market volume × In the Coming year the number of sales × In the coming year the Average commission per trade

= 750,000 × $10 × 0.80 × 0.92 × 1.13

= $6,237,600

We applied the same formula to find out the commission revenue earned by the company

7 0
2 years ago
With a cost-oriented pricing strategy, a price setter stresses the ____ side of the pricing problem and the price is set by look
NeX [460]
The answer to the first unknown is the "COST SIDE" while the answer to the second unknown in the problem is "PRODUCTION AND MARKETING COST". Hence, with a cost-oriented pricing strategy used and implemented by many companies, a price setter stresses the COST SIDE of the pricing problem and the price is set by looking at the PRODUCTION and MARKETING COST.
6 0
2 years ago
Compared to a command and control government approach to reducing​ pollution, a​ market-based system of tradable pollution allow
Alex17521 [72]

a. more efficient because polluters that can only reduce pollution at high cost do not and instead buy allowances.

6 0
2 years ago
Assume that demand for bottled water is relatively price elastic. An increase in supply of bottled water will result in which of
DENIUS [597]

Answer:

3 then 1

Explanation:

Supply is said to be increased when the quantity supplied expands but the price and quantity demanded remains unchanged. As quantity supplied has increased whereas the quantity demanded is what it was before this change, there is first a surplus of bottled water in the market. This surplus will have a downward pressure on price, reducing the quantity supplied a bit and, as the law of demand suggests ,the quantity demanded will increase. Given that the demand is relatively price elastic, the change in quantity demanded will be greater than the change in price. Therefore the revenue will increase.

3 0
3 years ago
Can poor ethics lead to criminal behavior?
Paladinen [302]

Answer:

Yes, because they lead people to make poor decisions.

Explanation:

7 0
3 years ago
Read 2 more answers
Other questions:
  • Johanna's grandmother gives her $8,000 to pay for the entire first year's tuition at a state college, a year from now. johanna p
    8·1 answer
  • Hitzu Co. sold a copier (that costs $5,500) for $11,000 cash with a two-year parts warranty to a customer on August 16 of Year 1
    9·1 answer
  • Assume you pay $24,000 today in exchange for an annuity with monthly payments, an APR of 6.75 percent, and a life of 15 years.Wh
    10·1 answer
  • Economists use the word marginal to mean an extra or additional benefit or cost of a decision. An optimal decision occurs when
    8·1 answer
  • Which of the following is an other comprehensive income item found in the statement of stockholders equity? a. Extraordinary ite
    13·1 answer
  • If improvements in technology have reduced the cost of producing personal computers, you accurately predict that in the market f
    10·1 answer
  • Dyl Pickle Inc. had credit sales of $4,000,000 last year and its days sales outstanding was DSO = 35 days. What was its average
    11·2 answers
  • An unconfined aquifer with a head of 120 ft (from the bottom of the aquifer) was evaluated using a pumping test. After the head
    12·1 answer
  • Started the business when it acquired $61,000 cash from the issue of common stock. Paid $21,300 cash to purchase inventory. Sold
    5·1 answer
  • What is value laden exchange?​
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!