Answer: Option (B)
Explanation:
Here, in this case we can state that <em>job evaluation </em>is being exemplified. The Triano Brothers are using job evaluation, so as to have a systematic approach in order to determine value of a job in regards to the several jobs in their organization. The organization attempts to have a orderly comparison in between different jobs as to assess the relative value.
Answer:
Transaction
Explanation:
Marketing exchange process refers to a process wherein two or more individuals buy or sell a good. Exchange refers to the consideration which is paid in return for the product i.e money.
For any exchange to take place it is essential that the good is transacted.
Customer would be the one who requires the product or the ones who create a want.
A Provider is the one who satisfies a want or say the one who makes the product available.
Product is the bundle of utilities or attributes which satisfies a want.
Transaction is effected when the buyer gets the product and the seller gets paid for the product.
Consumer surplus is the difference between the total amount a consumer is willing to pay for an item and what they actually pay. The total amount that Natasha, Nelson and Nikolai are willing to pay for the flashlight is $34, the amount they do pay is $20. So, the total consumer surplus for them is $14.
Answer:
a. per diem
Explanation:
The salesman's job responsibility to increase the sales for the company through which the company could accomplish its future goals. In exchange for that, the salesman gets the remuneration the company hired for.
As when the salesman travels for his company, he has given the specific amount for food, travel, and hotel per diem. The per diem is a Latin word that means per day.
The daily allowance is given by the company to a salesman with the hope that the salesman perform his duties well so that he could be appraised in the next new months with respect to the promotion and other perks
