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marin [14]
3 years ago
11

The decision to increase wages had a high probability of effect on Walmart’s success, illustrated by Multiple Choice pilot tests

confirming that turnover would decrease. lawsuits that had been dropped. support from labor and worker rights groups. increased morale among all employees. flexible schedules, more training, and more HR personnel.
Business
1 answer:
Mumz [18]3 years ago
3 0

Answer: pilot tests confirming that turnover would decrease.

Explanation:

Companies that have a lower turnover of employees are generally more successful than companies that don't because these companies spend less on job training for new staff, have a staff that is more motivated and the presence of regular staff that bond with customers will inspire those customers to buy more.

Walmart engaged in pilot tests to confirm this theory and increased wages in several test locations. These locations became more successful after the wage increase and so Walmart decided to apply it across the board.  

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The nation of Ectenia has 20 competitive apple orchards, which sell apples at the world price of $2 per apple. The following equ
Phoenix [80]

The  market's labor demand is L=500−2.5W

Since labor demand as a function of the daily wage is L 50-0.25W.

Hence,

The individual labor demand curve is: L=50−0.25W

Now let determine The market labor demand curve

The market's labor demand is :

L=10(50−0.25W)

L=500−2.5W

Inconclusion The market's labor demand is L=500−2.5W

Learn more about market's labor demand here:

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4 0
3 years ago
Which of the following is correct?a. The GDP deflator is better than the CPI at reflecting the goods and services bought by cons
kap26 [50]

Answer:

A) The GDP deflator is better than the CPI at reflecting the goods and services bought by consumers.

Explanation:

The GDP deflator measures the change in prices of all finished goods and services produced within an economy in a given year.

The CPI, on the other hand, measures the change in the price of a selected basket of goods and services, that corresponds with those that are most often bought by citizens, but is limited anyways in scope.

Therefore, we can safely conclude that the GDP deflator is a more comprehensive measure, even if it's used less frequently than the CPI.

5 0
3 years ago
Jake receives a promotion at his law firm after winning an important case. this is an example of a:
adell [148]
<span>Jake receiving a promotion at his law firm after winning an important case is an example of a positive social sanction. This is a sociological term used to explain the reaction to a person's behavior or actions.</span>
3 0
3 years ago
Which are examples of a service business? (Check all that apply)
Brums [2.3K]

Answer: Southwest Airlines, Ford Dealership & McDonalds

Explanation: For ex, airlines, banks, electronic support providers, law firms, plumbing repair companies, movie theaters, and managing management consulting firms are pure service companies. Foodservice McDonald's outlets. In more than 100 countries worldwide, these restaurants offer a diverse, but small value list.

3 0
3 years ago
After a customer has purchased a refrigerator, he was offered free delivery, installation, financing, and warranty. this is know
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After a customer has purchased a refrigerator, he is offered free delivery, installation, financing, and warranty, this is known as the “Augmented Product”.

<h3>What is an Augmented product?</h3>

An augmented product contains extra features or services added by its seller to distinguish it from comparable goods offered by rival businesses. A product can be improved by including additional, non-physically present features or advantages.

Free delivery and in-home service installation are two aspects that are used to build better items. Cosmetics businesses routinely offer free makeovers and travel-size samples to market their goods.

<h3>What is a product?</h3>

A product is an item that can be offered for sale.

<h3>Who is the customer?</h3>

A customer buys the product to consume.

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3 0
2 years ago
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