Companies provide insurance plans to employees as a means of having employee loyalty and retention.
<h3>What is insurance?</h3>
Insurance is a policy contract, in which an individual gets financial protection or compensation against losses from an insurance company. Insurance company pool clients' risks to make payments more affordable for the insured.
Companies provide insurance plans to employees as a means of having loyalty and retention. This is because offering group health insurance can help small businesses keep their top employees on a long term basis.
Also, companies provide insurance plans to employees in order to make medical coverage more accessible and affordable to their employees.
Therefore, companies provide insurance plans to employees as a means of having employee loyalty and retention.
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Answer:
The answer is A.
Explanation:
The example given in the question represents a variable cost. Variable cost can be defined as a cost that changes according to the level of output that is produced. In this case, according to the times the ski lift is used during the week. If the ski lift is used 40 times, than each will be $2, if it is used 20 times, each will be $4. So the correct answer is option A.
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Answer:One of the main reasons why people are motivated to do a job well is the sense of achievement they get from it. Achievement is the feeling of pride that comes from knowing you have done your job well.
A second type of motivation that is common in the workplace is that of power. Some people get a lot of pleasure out of having power and authority. This is not necessarily a bad thing, as sometimes these people are particularly good at directing others and can make good managers.
Both types of motivation are common, and they can be very important in the workplace. However, the sense of achievement can be created by the person individually, and requires little group work. On the other hand, the motivation of power depends on the type of interaction the person has with others.
Explanation:self motivation requires a personal drive where as group motivation has other people tell you when your doing good or they can help you when it isnt going right.
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As prosperity and economic development rise, individualism increases as well.
Individualism refers to the freedom of someones actions. If the economy is doing well and someone has more money, they are more likely to spend their money freely. The person has moral worth as an individual.
Answer:
B. False
Explanation:
The main purpose of the joint venture is to help two or more companies so that they are in the position to gain the competitive advantage. So the potential for firm leverage that is existed would be high instead of low due to this reason also
So as per the given situation, the option b is correct
Hence, the option a is not correct