1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
Which of the following is not an example of a significant noncash transaction? Conversion of bonds into common stock. Sale of pl
Lostsunrise [7]

Answer:

Sale of plant assets.  If the company<u> sales an equipment it will receive cash </u>for it. We are not given with any information of this transaction not being in cash, so we should assume it was a sale in cash or cash equivalent.

Explanation:

<u>Conversion of bonds into common stock.</u> The bonds, which are outstanding and represent a promise to pay, are converted into common stock, this transaction doesn't involve cash.

<u>Issuance of common stock to purchase land. </u>The land is acquire in exchange of common stock, the company is not using cash. the owner of the land can later sold the stock to a third party but it won't affect the cash flow of the company.

<u>Issuance of debt to purchase equipment </u>Like singing a note to purchase a machine, no cash is involve.

3 0
3 years ago
Suppose that the weight of an newborn fawn is Uniformly distributed between 1.8 and 3.3 kg. Suppose that a newborn fawn is rando
andre [41]

Answer:

That A Newborn Fawn Is Randomly Selected. Round All Answers To Two Decimal Places A. The Mean Of This Distribution Is B. The Standard Deviation Is C. The Probability That The Fawn Will Weigh More Than 2.8 Kg. D. Suppose That It Is Known That The Fawn Weighs Less

This problem has been solved!

See the answer

Suppose that the weight of an newborn fawn is uniformly distributed between 2 and 4 kg. Suppose that a newborn fawn is randomly selected. Round all answers to two decimal places

A. The mean of this distribution is

B. The standard deviation is

C. The probability that the fawn will weigh more than 2.8 kg.

D. Suppose that it is known that the fawn weighs less than 3.5 kg. Find the probability that the fawn weights more than 3 kg.

E. Find the 90th percentile for the weight of fawns.

Explanation:

please mark me as a brainless

8 0
3 years ago
An online movie streaming service charges $14.99 per month for its basic package. However, when a competitor introduced the same
marshall27 [118]

Answer:

The firm reduced its price to maintain its market share.

Explanation:

An online streaming service is providing its basic package at the price of $14.99.  

A competitor of the firm offers the same service at $13.99.  

The firm in the reaction will also reduce its price to $13.99.  

We know that the consumers always prefer the cheaper substitute, so if the competitor was providing the service at a lower price, it was most likely that the consumers will purchase from the competitor.  

This would have led to a decline in the demand and thus the market share of the firm. So in order to maintain its market share. The firm reduced its price at the same level as its competitor.

7 0
3 years ago
In 2007, Terry Inc. provided the following items in their footnotes. Their cost of goods sold was $22 billion under FIFO costing
nikdorinn [45]

Answer:

$22.2 billion

Explanation:

Calculation to determine How much would they report as LIFO cost of goods sold

Cost of goods sold=$22 billion + ($0.8 billion ­ $0.6 billion)

Cost of goods sold=$22 billion + $0.2 billion

Cost of goods sold= $22.2 billion

Therefore How much would they report as LIFO cost of goods sold would be $22.2 billion

7 0
3 years ago
Which questions should someone ask when deciding whether to lease or buy a car? Check all that apply.
IgorLugansk [536]
Will I use it more than the allowed lease mileage?
- If you do, it will be better to buy a car 
<span>How long do I want the car?
- If you only need it for a short amount of time, you should lease the car
How much do I want to spend?
- If the amount you want to spend is less than the cost of a car, than, you will lease a car instead
How much do I like the car’s options?
- There are more options when buying a car than when leasing.


hope this helps

The "will my family like the car?" is an opinion, and usually would not have to do with leasing a car. (and it also states that you have a family)

hope this helps</span>
8 0
3 years ago
Read 2 more answers
Other questions:
  • Crane Company has the following production data for March: no beginning work in process, units started and completed 25,000, and
    14·1 answer
  • A sales slip shows that $1,500 in merchandise has been sold and the sales tax rate is 4%. Generate the cash receipt's data.
    11·1 answer
  • You are operating a powerboat at night. Your red sidelight must be visible to both a purchase from which direction
    14·1 answer
  • The unemployment rate in an economy is 6%. the total population of the economy is 290 million, and the size of the civilian labo
    9·1 answer
  • What is my name and who knows it
    8·2 answers
  • Choose the statement that is not true.
    9·1 answer
  • Information related to Kerber Co. is presented below.1. On April 5, purchased merchandise from Wilkes Company for $23,000, terms
    13·1 answer
  • When a group wants to achieve a consensus or unanimous decision, the responsibility of the chair is to be constantly attentive t
    5·1 answer
  • Last January, Cecilia Pye, president of the Pye Plate Company, announced that the company had acquired Young's Bicycle Rental. T
    10·1 answer
  • Complete the sentence with all of the accurate statements regarding the relationship between conscientiousness and job performan
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!