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vivado [14]
3 years ago
10

Chris receives $520 per week gross pay in his sales job at the Lark dealership. This amount remains fixed and does not vary with

the number of sales. As long as Chris works his 40 hours, he gets paid $520. Chris is paid:
A. a salary plus bonus.
B. a straight commission.
C. a salary plus commission.
D. a commission plus bonus.
E. a straight salary.
Business
1 answer:
Leviafan [203]3 years ago
6 0

Answer:

E. a straight salary.

Explanation:

Straight salary is a compensation method where the salesperson receives a fixed amount. Regardless of the level of output, the salesperson does not get any sales commissions or bonuses. Straight salary is time tied, not performance-focused.

Straight salary is suitable when the business objective is long-term market presence and not short-term high sales volume. It is also used when it is difficult to isolate an individual's effort from team performance.

Straight salary or time-bound salaries do not encourage individuals to put in extra efforts. The other options have commissions and bonus, which is not a feature of straight salaries.

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Restructuring organizations to retain the most essential employees is known​ as:
AVprozaik [17]

There are several types of organization restructuring:

<span>1.      </span>Downsizing

<span>2.      </span>Starbust

<span>3.      </span>Verticalization

<span>4.      </span>De-layering

<span>5.      </span>Business process re-engineering

<span>6.      </span>Outsourcing, and

<span>7.      </span>Virtualization

<span>Among them, the type of restructuring to retain the most essential employees is known as de-layering.  D</span><span>e-layering involves breaking down the typical pyramid setup into a flat organization. Its purpose is to thin out or lessen the top layer of unproductive and highly paid ‘white collar’ personnel. It promotes innovation, builds customer intimacy and increases consumer satisfaction. The main advantage is that the decision-making process becomes more effective and shorter.</span>

4 0
3 years ago
A change in money income of consumers will
Juli2301 [7.4K]

It depends on which way it goes. If the supply increases and prices stay the same, the disposable income increases in a meaningful way. That condition will cause the Fed either to raise interest rates, or the price of goods will respond to the increased demand or a third alternative could be that manufacturers will increase production (not very likely but it could happen).

If the supply of money decreases (by people being laid off for example) then the opposite of all the events listed above will or can occur. The fed could become more accommodating and lower interest rates. The price of good will decrease unless manufacturers increase their inventory (which not really healthy for an economy) or they could decrease production which will further decrease the labor force which will put the economy in an endless vicious cycle -- one no one wants.

4 0
3 years ago
Inventory records for Dunbar Incorporated revealed the following:
svlad2 [7]

Answer:

Cost of goods sold assuming LIFO would be $474

Explanation:

Date Q U.cost Cost Sold Inventory Cost

april 1 530 2,37       1256,1 330          200 474

apri 20 310 2,5           775 310               0  0

                           640  

8 0
3 years ago
In January, Dieker Company requisitions raw materials for production as follows: Job 1 $970, Job 2 $1,700, Job 3 $790, and gener
Mekhanik [1.2K]

Answer:

Dr Work in Process Inventory $3460

Cr Manufacturing Overhead $660

Cr Raw materials Inventory $2,800

Explanation:

Preparation of a summary journal entry to record raw materials used.

Based on the information given the summary journal entry to record raw materials used will be:

Dr Work in Process Inventory $3460

($970+$1700+$790)

Cr Manufacturing Overhead $660

Cr Raw materials Inventory $2,800

($3460-$660)

(To record raw materials used)

3 0
3 years ago
Which of the following determines​ "when specific products will be​ made, when specific customer orders will be filled and what​
Dominik [7]

Answer:

D. master scheduling

Explanation:

Master scheduling is the branch of business management that deals with the planning on how to supply the market and consumers demands, it is a detail planning process, and it deals with manufacturing outputs and tries and matches this process to the customers orders that the organization has. It deals with when specific products will be made, when orders will be filled and what products and capacities are available to meet demand.

8 0
3 years ago
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