Business sofware programs make it possible to

Keon, vice-president of human resources for a large manufacturing firm, wants to keep the reward system membership-based instead

Sliva [168]

Answer:

The correct answer is The criteria area easier to measure with the membership-based system.

Explanation:

Obviously by changing, for example, the money for memberships, companies save in some way the expense that would be to measure the performance of employees one by one. If the organization is measured globally, or perhaps by areas, there will be an overview of the fulfillment or not of the proposed objectives.

A membership system allows employees to be recognized in the same way, without individualism prevailing, leading to better rapport and teamwork.

5 0

4 years ago

Suppose that the firm pays its workers $46 per day. Each unit of output sells for $12. How many workers should the firm hire

Korolek [52]

Solution :

A firm hires labor till a point where the cost of hiring is equal to the value of the additional revenue it produces.

We know ,

the wage rate = cos of hiring an additional worker

the value of the additional revenue that the firm produces = price x (MPI) marginal product of the labor.

Therefore, the firm will hire when :

Wage = value of the additional revenue it generates

Thus, wage = price x (MPI) marginal product of the labor ...........(i)

Therefore, given :

wage of a worker = $ 45

Price = $ 12

So, 45 = 12 x MPI

MPI = 3.8

So the marginal product of employing three days of labor = 25-18/4-3 = 7

Marginal product of employing four days of labor = 30-25/4-3 = 5

So the 4th day produces less revenue than the cost that it generates.

So, the firm should hire 3 workers.

8 0

3 years ago

For many years, general electric had a corporate strategy of being among the top three firms in any market in which it operated;

Nostrana [21]

Decreasing their product mix.

If a company cannot meet their strategic goals for a product they may decide to stop the sale and production of that item all together to focus resources on better-performing goods.

8 0

3 years ago

You are considering two different methods for constructing a new warehouse site. The first method would use prefabricated buildi

vova2212 [387]

Answer:

The first method would use prefabricated building segments, would have an initial cost of $6.5 million.

8 0

3 years ago

Bavarian Bar and Grill opened for business in November 2018. During its first two months of operation, the restaurant sold gift

zhannawk [14.2K]

Answer:

1)

Sale of gift cards

Debit Bank $6,800 Credit Gift Card Certificate liability $6,800

Redemption of cards

Debit Gift card liability $2,100 Debit Bank $500 Credit Revenue $2,500 Credit sales tax payable 100

2) Liability to be reported in balance sheet = ( 6800-2100) = $4,700

3) Non current liabilities

Gift Card certificate $680

Current Liability

Gift Cards Certificates $4,020

Sale tax payable $100

Explanation:

Sales tax payable (2500*4%) = $100

The bank of $500 in the Redemption of cards journal is a balancing figure.

Classification of the liability in types of liability

Current liability

Gift card certificates sold = 6800

current liability 90% =6120

deduct redeemed card = -2100

current liability = $4,020

Non_Current Liabilities

Gift Card not yet redeemed = 4700

less current gift card liability = -4020

non current liability =680

8 0

4 years ago