Answer:
compensation system.
Explanation:
A compensation system corresponds to the sum of all benefits that an employee will receive in exchange for his work. Compensation corresponds to monetary and non-monetary benefits, such as health insurance, dental insurance and life insurance.
There are three general categories that divide remuneration. They are:
- Direct financial compensation,
- Indirect financial compensation and
- non-financial compensation.
Answer:
Natural resources (land)
Labor (human capital)
Capital (machinery, factories, equipment)
Entrepreneurship
Explanation:
nature is the first key of success like having a land to start up
labor is the teamwork needed support between all ( all for one, one for all)
capital is needed just like food, no money no business
Entrepreneurship: it depends on what is the idea of business you want, and how it really help the community
Answer:
Opportunity cost
Explanation:
Opportunity cost is the sacrificed benefits in decision making. Making a decision involves selecting one option from several choices. The forfeited advantage from the next best alternative is the opportunity cost.
Monica has chosen to join college. She has sacrificed her job at the supermarket to make time for college. Her forfeited weekly pay from her job is the opportunity cost for joining college.
Overpricing is a real issue