A person in the organization has the ability to given bonuses to employees as part of a corporate compensation program. This is an example of reward power.
<h3>What is reward power?</h3>
This is a term that is used formally in the workplace to refer to a power that has been given by people to give out rewards to other workers in the workplace.
A supervisor who gives incentives to workers is an example of a person that holds such a power.
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Based on the survey data, what can be concluded about the market for coffee shops in the area?
Saturation has been reached.
According to the survey data, which business likely has the least supply in this town?
Shoe stores
Answer:
Option A, “the substitution effect dominates the income effect” is correct.
Explanation:
If the real wage increases then the opportunity cost for leisure will also increase. Therefore, an increase in real wages and a rise in the opportunity cost of leisure induce labor to supply more workforce or labor force. This is known as the substitution effect. Moreover, when this substitution effect is greater than the income effect then the supply curve for labor is upward sloping.
Answer:
Standard markup pricing
Explanation:
Standard markup is a quick and easy way to find out how much you pay for your goods or services.
After calculating the actual cost of the product, the seller or business owner adds a percentage of the actual cost of the product to arrive at its selling price.
so here
Actual cost = $30
Markup = 60% of actual cost
Markup = 0.6 × $30
Markup = $18
so selling price is
selling price = $(30 + 18)
selling price = $48
In 2016, Bubble Inc. had net income of $500,000, assets of $5,000,000, sales of $2,000,000, and debt of 2,000,000. In 2017, Bubb
victus00 [196]
Answer:
No
Explanation:
The computation of the return of assets is calculated by applying the formula which is shown below:
Return on assets = Net income ÷ assets
In 2016, the return on assets would be equal to
= $500,000 ÷ $5,000,000
= 0.1
In 2017, the return on assets would be equal to
= $600,000 ÷ $7,000,000
= 0.085
By comparing the return on assets for both the years, we get to know that the return on assets is declining from 2016 to 2017
