The three part process for problem solving are:
1. Analyse the problem: take the problem into parts and consider what could be done and what could not be done.
2. Solve for the unknown: decide on a suitable solution based on the results of the analysis that you carried out.
3. Evaluate the answer: Evaluate your solution to see if it the very best you can come up with.
Answer:
In my opinion Jack believes in the efficiency wage theory. This theory states that an increase in wages will increase labor productivity, lower staff turnover and attract the best possible employees.
So when Jack increases his employees' salaries, their increased productivity will recoup the extra labor costs. At the end, Jack believes his profit will increase because of the higher wages he pays.
Answer:
Assets increase by $75,000 and liabilities increase by $75,000.
Explanation:
Answer: intrinsically; extrinsically
Explanation:
Intrinsic motivation simply has to do with self satisfaction. It is the motivation that one does because one find that particular thing fun or satisfying.
Extrinsic motivation is a form of motivation that is reward driven. It is when one does something because there's a particular reward attached to that thing.
