Answer: Employee involvement
Explanation:
Hi, employee involvement occurs in workplaces where the employees make decisions that affect their own work, they participate directly to help the organization reaching its objectives. They suggest and apply work-related ideas that also improve their own motivation.
These types of activities are common in flat organization structures.
Feel free to ask for more if needed or if you did not understand something.
In the 5:1 ratio the highest paid executive would earn $120,000 and with the 7:1 that executive would earn $168,000. A manager might be upset with these rules because their compensation could not exceed 5 or 7 times the amount made by the lowest paid employee. The managers compensation would not rise much from year to year and it offered no benefits if the company’s profits improved dramatically.
Answer: Option (b) is correct.
Explanation:
Opportunity cost is the benefit that is foregone for an individual by choosing one alternative over other alternatives available to him.
If the opportunity cost is lower for an individual then this will benefit him whereas if the opportunity cost is higher then this will not benefit the individuals.
The preferences of Pam, Pru and Pat are given. Therefore, according to their preferences, the opportunity cost of the trip to Hawaii for Pam and Pat is a cruise and for Pru is a skiing.
Im not sure, sorry, I wish I could help
Answer:
<em>profit margin 34.61%</em>
Explanation:
<em>The profit margins represents how many cent or the percentage of sales which converts into net income.</em>
<em>net income:</em> 92,400
<em>net sales:</em> 267,000
<em>profit margin</em> = 0.346067415 = <em>34.61%</em>
