An efficiency wage is a higher wage paid to reward workers who show greater productivity. Option D is correct.
<h3>What is the Efficiency wage?</h3>
Wages provided to employees over the minimum wage in order to retain a trained and efficient staff are referred to as efficiency wages. Adam Smith defined a type of pay disparity in the 18th century, in which workers in some businesses are paid more than others based on the level of trustworthiness necessary.
Employers establish efficiency salaries above the equilibrium wage rate as an incentive for better employee performance. An efficiency wage is a higher wage provided to employees who are more productive.
Therefore, option D is correct.
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The best way to improve productivity would be to find the best method of doing each job, then teach those methods to employees.
<h3>What is productivity?</h3>
In the business environment, the notion of productivity has to do with the ability of employees to carry out tasks in the work environment in a more efficient, faster and better way.
To increase productivity, it is important that the workers are taught the best way to carry out their jobs.
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Answer:
A fixed interest rate loan is a loan where the interest rate doesn't fluctuate during the fixed rate period of the loan.
Explanation:
a fixed rate could also be calculated if you want to know how to calculate fixed rate i could tell you
These were Kane's best brief variations. in Kane's 2021 income statement, the deferred portion of its provision for earnings taxes must be $a hundred thirty-five,600.
An income tax is an instantaneous tax that a central authority levy on the income of its residents. The earnings Tax Act, 1961, mandates that the significant government acquire this tax. The authorities can change the income slabs and tax charges every year in its Union finances. income does now not best imply cash earned in the form of earnings.
Any Indian citizen elderly beneath 60 years is prone to pay earnings tax if their earnings exceed 2.5 lakhs. If the person is above 60 years of age and earns greater than Rs. three lakhs, they'll pay taxes to the authorities of India.
Income taxes are a source of revenue for governments. they're used to fund public services, pay authorities' responsibilities, and provide goods for residents.
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Answer:
The statement is describing the functions of police management.
Explanation:
Just like managing a firm, managing the police works in a similar way: police directors have to plan, control, direct, and coordinate all aspects related to the police operations, both on a daily basis, and on a long-term basis.
It is very important to have good police management because police is a service that is public and crucial for citizens. The wrong kind of police management can cause safety and public order problems that can be very disruptive for daily life.
