Which of the following statements about group insurance is true?

The _______________________ used external pay data to identify the relative value of jobs based on what other employers pay for

Delicious77 [7]

Answer:

The correct answer is letter "D": market pricing method.

Explanation:

The market pricing method for calculating wages levels collects information from other companies with similar operations, geographical areas, and job positions to compare them with the data of the business so an average salary can be determined for its employees. With this analysis, institutions remain competitive when it comes to salaries or can decide to provide workers higher-than-market salaries to attract qualified personnel.

Companies should evaluate the wages market every two (2) to three (3) years to find out if conditions have changed.

6 0

3 years ago

Union Apparel has sales including sales taxes for the month of $552,000. If the sales tax rate is 6%, what are Union Apparel's s

nadezda [96]

Answer:

Union Apparel's sales for the month is $520,000

Explanation:

For computing the monthly sales excluding taxes, the calculation is shown below:

= Sales including sales taxes × Sales ÷ sales with sales tax

where,

1 is the sales value

And, sales value with tax equals to

= 1 + 6 % = 1 + 0.06 = 1.06

Now, put these values to the above formula

So, the value would be equal to

= $552,000 ×1 ÷ 1.06

= $520,000

Hence, Union Apparel's sales for the month is $520,000

7 0

4 years ago

DramPharma is a company that manufactures and sells medicine to treat Huntington's disease, a rare genetic disorder. The company

user100 [1]

Answer:

Defender Strategy

Explanation:

Defender Strategy -

It is the starter adapted by a company or organisation , to protect the company from the upcoming new competitors .

Therefore , the company tries to make some changes in the structure , technology and in the method of operations to maintain itself in the market .

hence , from the question data , DramPharma would most likely be categorized as a Defender .

8 0

3 years ago

A study in your town found that 54 in 1,762 people have a post office box. what percent of the people in town have a post office

puteri [66]

Reports of study in my town have shown that out of the 1,762 people in the town, 54 have a post office box.

Therefore, the percent of the people in town have a post office box

= 54 / 1762 X 100

= 3.06%

4 0

3 years ago

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"there is a major conflict going on in andy's department. workers do not trust andy. they resent his authoritarian style, and th

vredina [299]

Jane suggests that they just drop it and go back to work. She doesn't want to lose her job and fears that even if they win, their working relationship with Andy will be damaged beyond repair. Malcolm suggests that they go back to Andy's boss and explain that they think talking about Andy's behavior could improve productivity and quality. He tells the group they ought to write down and present the substance of their concerns, not just attack Andy's management style. Malcolm thinks they can work this out without removing Andy or getting fired themselves.

Refer to Case 13.1.

1. If the company doesn't do something with Andy, it runs the risk of ____.

a. losing valuable employees

b. a reduction in productivity

c. employees unionizing

d. all of these

2. Which style of conflict management is a cooperative/nonassertive style?Question options:

a. Avoidance

b. Accommodating

c. Compromising

d. Problem-solving

Answer:

1. d

2. b.

Explanation:

1. When employees are dissatisfied with their boss, feelings of resentment often becomes part of the employees leading some to leave their jobs, or even deliberately reducing their productivity level or to form a union that could protect their interest.

2. A cooperative/nonassertive style of conflict management is indeed an accommodating and toleration driven. It allows employees to discourse issues freely without fear of being punished for expressing views.

5 0

3 years ago

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