Dimension of employee empowerment experienced by people who feel they have some active control over the environment is Feeling of impact.
The process of giving employees in an organization the power, authority, responsibility, resources, and freedom to make decisions and solve work-related problems is known as empowerment. They are given sufficient authority and resources to take such initiatives and decisions.
Employee empowerment encourages them to reach their full potential. On the other hand, empowerment entails relinquishing control over employees and allowing each employee to make decisions, set goals, achieve results, and receive rewards. It entails preparing a person to manage on his or her own. It is a process that assists the right people at the right levels in making the right decision for the right reasons.
Feeling of impact - Empowered employees see themselves as active participants in the organization and believe they have influence over key strategic, administrative, and operational decisions.
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Answer:
the price increases
Explanation:
its inflation due to the decrease in production of the the product but not the need for it the price will rise.
Answer:
Explanation:
Price elasticity = Percentage change in demand/Percentage change in Price
Percentage change in Q= 513-236=277/513x100 = 53.99%
Percentage change in P= 0.89-0.67= 0.22/0.67x100 = 32.83%
Ed=53.99/32.83 = 1.6
Since the price elasticity of demand is elastic so the company should decrease the price to increase revenu
Answer:
3 to 5 years.....only.....
Answer and Explanation:
The journal entries are shown below:
On September 1
Cash $520
Sales $520
(Being the sale is recorded)
On September 1
Cost of goods sold $220
To Merchandise inventory $220
(Being the cost is recorded)
On September 1
Warranty expense $41.6 ($520 × 8%)
To Estimated warranty liability $41.60
(Being the warranty expense is recorded)
On July 24
Estimated warranty liability $36
To Repair parts inventory $36
(Being the estimated warranty liability is recorded)
