Answer:
$75,131
Explanation:
The computation of the amount of note payable credited is shown below:
Notes payable is
= Agreed amount to pay × present value factor at 10% for 3 years
= $100,000 × 0.75131
= $75,131
By multiplying the agreed amount to pay with the present value factor at 10% for 3 years we can get the amount credited to the note payable
Answer:
The strategy that explains the methods that a division or an organization will use to compete against its rivals in the industry is a business-level strategy
Explanation:
The business-level strategy focused on increasing the value of the business to the customer while keep trying to increase profit. We can divide the strategy into 4 main types based on the source of competitive advantage and the business scope.
When the business source of competitive advantage is cost, the business will trying to have the cheapest price compared to other competitors. Another option of the competitive advantage is the differentiation of the product, making different products than your competitor.
The scope will also be divided into two types. Broad scope is when the business target a wide range of the market. Narrow scope is when focusing at niche market.
Answer:
d. Improve task significance.
Explanation:
Job characteristics theory has to do with work designs aimed at enriching jobs of employees in the workplace.
Five core job characteristics are considered: task identity, skill variety, task significance, autonomy, and feedback.
These job characteristics affects 5 work related outcomes: satisfaction, motivation, absenteeism, turnover, and performance.
In the given instance where employees take their task of serving customers very seriously but feel like the work they do is very important, there is a need for improvement of task significance.
This can be done through regular sensitisation training on the impact their services are having on the profit base of the company and also on customer satisfaction.
With the knowledge that their efforts are making a difference they will feel more satisfaction from their work.
