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MrRissso [65]
3 years ago
7

Mich Inc., a hardware store, has a rating system in place that rates employees on their friendliness, usefulness, and product kn

owledge. Based on the ratings an employee receives, he or she gets an incentive. The compensation strategy followed by Mich is most closely described as a(n):
Business
1 answer:
makvit [3.9K]3 years ago
7 0

Answer:

Customer-focused compensation strategy

Explanation:

Customer-focused compensation strategy is the rating system where the employees are rated based on the way customers are being serviced. In this scenario, Mich Inc. is rating its employees on their friendliness, usefulness, and product knowledge, so the compensation strategy followed by Mich is closely described as a customer-focused strategy.

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A manufacturer of washing machines has expanded its plant and created excess capacity, just as the general economy takes a downt
AURORKA [14]

If the entire economy should take a downturn, the effect on the manufacturer would be to : offer rebates and incentives for customers who purchase washing machines.

<h3>What is meant by an economic downturn?</h3>

This is the term that is used to refer to the economic downturn that is experienced in a particular economy for a given period of time. This period would usually bring about the failure of the market with the producers and sellers making little gains in the market.

Hence we cam say that If the entire economy should take a downturn, the effect on the manufacturer would be to : offer rebates and incentives for customers who purchase washing machines.

Read more on economic downturn here:  brainly.com/question/7201254

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8 0
1 year ago
How can discussions,projects,campaigns and events support victims of xenophobia​
charle [14.2K]

Answer: They can raise awareness

Explanation:

Xenophobic victims have been through a lot of discrimination, hatred, physical abuse in most scenario. What most of them need in most cases are encouragement, opportunities to help them better.

Any project, campaign and event done would also raise awareness to those discriminating against them to understand that there is no need for that, most times some of this programs are for raising the awareness and when these awareness are raised they help the sanity of the environment where this xenophobic activities happen previously.

8 0
3 years ago
The amount of a good that must be given up to produce another good is the concept of:
Vesna [10]
E.) Opportunity cost is the cost associated with giving up one opportunity for the benefit earned by another.
3 0
3 years ago
Hoosier Manufacturing operates a production shop that is designed to have the lowest unit production cost at an output rate of 1
Hitman42 [59]

Answer:

124.38%

Explanation:

capacity utilization rate is the rate at which productive capacity or output is being utilized. It is denoted by the equation:

Capacity utilization = [actual output/ potential output] %

= (45,400/365) %

=124.38%

8 0
3 years ago
Use the following information for Taco Swell, Inc., (assume the tax rate is 21 percent): 2017 2018 Sales $ 19,049 $ 18,918 Depre
marin [14]

Cash Flow from Assets:

Ending Balance of Assets in 2017...........................................................$77760

Add: Depreciation........................................................................................$2534

Less: Beginning Balance of Assets.........................................................($72884)

CashOut  Flow ..................................................................................................$7410

Cash flow to creditors

Ending Balance of Creditors...................................................................$6790

Less: Beginning Balance of Creditors.................................................$6299

Less: Purchases (From Inventory)........................................................$8184

Cash Flow to AP............................................................................................$7693


Purchases from Inventory:

Ending Balance of Inventory....................................................$21912

Add: Cost of Goods Sold................................................................$6781

Less: Beginning Balance of Inventory.....................................($20509)

Purchases......................................................................................$8184

Cash flow to stock holders:

While Preparing Accounting Equation for 2017 as below:

Assets-Liabilities=Eq Shareholders

113632-37233=$76399

While Preparing Accounting Equation for 2018 as below:

Assets-Liabilities=Eq Shareholders

122701-43835=$78866

Net Income for 2018

Sales                                 18918

Less:  Dep                         (2534)

Less: COGS                       (6781)

Less:Other Exp                  (1203)

Less: Interest                     (1350)

Net Income before tax     7050

Less Tax..............................(1480)

Net Income.....................5569.5

Beginning Balance of Shareholders...................................................$76399

Add: Net income....................................................................................$5569.5

Less: Dividend.........................................................................................($2364)

Less: Ending Balance...........................................................................($78866)

Cash to Shareholders........................................................................$738

6 0
3 years ago
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