Answer: C. Maintain a 50-50 balance between monetary and non-monetary rewards and a 50-50 balance between positive and negative incentives.
Explanation:
Employees generally prefer to be paid for their hardwork and so would prefer that their rewards are more monetary in nature than not. As good as non-monetary rewards are, they should not be on equal footing with monetary rewards. If they are, it could demotivate employees who will feel they are not getting paid their fair share.
Negative incentives get the job done but more often than not fail to positively motivate employees in such a way that they will bring out their best efforts. Negative incentives are more like punishments or the threat of them and so if they are on equal footing with positive investments, organization members will not be as motivated.
Limited government licences that create a monopoly do so because a barrier to enter the market exists.
Monopoly can be established by the government by a form of integration or form naturally, it can preserve excess profit because barriers to entry prevent competitors from entering the market.
D. a firm that has some control over the price of the product it sells
Answer:
The correct answer to the following question is Waiver .
Explanation:
The term waiver can be defined as a legally binding provision , in which either of the parties entered in a contract , in their own free will forfeits a claim, and other party would not be liable. These waivers can be in written from or in some sort of action. Here the insurance company has removed the potential liability of the person who has filled the application form.
Answer:
Accumulated depreciation at the end of year 2022 : $16,000
Explanation:
Activity based depreciation is whereby an asset is depreciated based on the asset’s activity such as the number of hours worked or the number of units produced, during a particular period of time. Activity based depreciation per year is calculated as:
[(Cost - Salvage value) x activity performed during the period] / Total estimated life activity of the asset
In 2021, the asset had an activity of 5000 miles. Depreciation for this year = [(65000 - 5000) x 5000] / 30,000
= $10,000
In 2022, the asset had an activity of 3000 miles. Depreciation for this year = [(65000 - 5000) x 3000] / 30000
= $6000
Accumulated depreciation at the end of year 22 : $10,000 + $6,000 = $16,000