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gregori [183]
2 years ago
14

The Krisp Kracker company which makes unique kettle chips for restaurants, clubs, and events, has just lost a large client that

made up 55% of its total revenue. Management finds it necessary to reduce staff or wages. This comes only three months after hiring 35 new people to support this big client. While there are rumors of wage reductions in the short run, the 100 employees who have been with the company for the past two years are grumbling that they are more valuable that the new hires which should be let go and the wages not reduced. The situation at Krisp Kracker illustrates which wage stickiness theory best
Business
1 answer:
Sloan [31]2 years ago
5 0

Answer:

The Krisp Kracker Company

The situation at Krisp Kracker illustrates the Insider-Outsider Wage Stickiness theory best.

Explanation:

This theory suggests that the 100 employees are the insiders while the 35 newly employed are outsiders.  Therefore, at negotiations between the employer and the employees, the 100 employees would also like to negotiate employment terms to the exclusion of the outsiders because they feel that they enjoy a juicier and more privileged position.

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Andrew, a project manager in a multinational company, accepts a very challenging project from his client as he feels that the em
shepuryov [24]

Answer:

Theory Y

Explanation:

In theory Y, managers have a positive and optimistic view of their employees.  They assume employees are happy to work and that workers are motivated by attaining objectives.  In theory Y, employees can work towards organizational goals through self- direction and self-control.

Theory Y assumptions allow employees to participate in solving organization problems. The managers consider employees are creative, imaginative and innovative people.  In theory Y, managers adopt a consultative style of management.

5 0
2 years ago
Interest rates can be measured more accurately and quickly than reserve aggregates; hence an interest rate is preferred to the r
7nadin3 [17]

Answer:

False

Explanation:

This is false.

In reporting reserves aggregate there are lags interest rate such as the federal interest rate are quite easy to measure and easily observable. Such short term interest rate are nominal values and they do not measure the real cost of borrowing well. It does not show accurately what happens to Gross domestic product. Real interest rate equals nominal interest rate as a ratio of reduced inflation gives a representation of true cost of borrowing.

We cannot say with certainty that interests rate is a better policy instrument based on the ground of measurability.

7 0
3 years ago
“the dry cleaner on the corner is an eyesore.” this is a subjective claim because it
Oxana [17]

‘The dry cleaner on the corner is an eyesore’ is a subjective claim because a subject claim is not something that is factual rather it is an expression or an opinion that an individual says, in which the sentence is an example as it is an expression.

4 0
2 years ago
According to the readings in Module 1, because middle managers fill structural holes in healthcare organizations, they may bridg
12345 [234]

Answer:

True.

Explanation:

Middle managers not been well recognised in the health care industry and their role in implementation of healthcare innovation.

There is a gap between practice and ploicies,, and this is as a result of poor implementation.

Moddleanagers play an important role of supplying the employees with information of management expectations along with ways in which implementation of policies can be effectively done.

On the other hand they also act as channels for feedback to management so that they will know how to adjust policies that are not meetings the set objectives.

8 0
3 years ago
A. compute the basic earnings per share<br><br>b. compute the diluted earnings per share
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It is compute the dilutes earnings per share. I think it’s B.
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2 years ago
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