The answer is true. Companies improve the pay through performance linkage. Discrepancies and unfairness can be reduced by introducing gainsharing, ESOPs, and other plans that use objective performance measures. Where subjective measures of performance are essential, companies should depend on on multiple sources of information. Companies also must apply rewards soon after the presentation occurs, and in a large-enough dose (such as an extra pay rather than a pay increase), so that employees experience positive emotions when they receive the reward.
Answer:
3) The only bank in a small town
Explanation:
By definition a monopoly occurs when there is only one supplier in the market for a specific good or service. In this case, if there is only one bank that works in a small town, then that bank has a monopoly of all the town's residents that require banking services. If any resident doesn't like that specific bank, they need to go to another town in search for banking services.
<span>U.S. Bureau of Labor Statistics</span>
Answer:
Souza's profit for her summer job is $125
Explanation:
Profit is the amount remaining after deducting total expenditure from total revenue.
Since Souza had $125 left after purchasing for herself a new pair of shoes for $50 at the end of the summer, her profit for her summer job is $125