Answer:
A. True
Explanation:
Motivation refers to providing such benefits and incentives which stimulates employees to better performance and directs them towards achievement of organizational goals and objectives.
Motivation can be provided both in monetary and non monetary forms. While monetary forms would include incentives, appraisal etc, non monetary forms would include better participation of employees in decision making, providing better infrastructure and workplace environment.
The given case points towards provision of non monetary forms of motivation. Providing employees with opportunity to vote on a decision builds trust and at the same time satiates the need for respect and recognition.
They show for a few days or months
The strategic alliance between GM and Lyft allows GM to hedge against uncertainty by giving GM access to the market of the future, increasing its market innovation.
Through this strategic alliance, GM demonstrates innovation in its processes by investing in a car rental market, as there is an expectation that in the future there will be a drastic reduction in private cars.
<h3 /><h3>What is a strategic alliance?</h3>
Corresponds to an agreement between two or more companies, where there is an independent partnership for sharing organizational resources, such as technology, market and knowledge.
Therefore, through the partnership with Lyft, GM is already entering an innovative and expanding market, developing its positioning strategy for the future.
Find out more about strategic alliance here:
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Answer:
Monthly payment (A)
Interest rate (r) = 4% = 0.04
Number of years = 5 years
Number of times payment is made in a year (m) = 12
PV = A(1 - (1 + r/m)-nm)
r/m
PV = $600(1 - (1 + 0.04/12)-5)
0.04/12
PV = $600(1 - (1 + 0.0033)-5)
0.0033
PV = $600(1 - (1.0033)-5)
0.0033
PV = $600 x 4.950878649
PV = $2,971
Explanation:
In this case, we need to apply the formula for present value of ordinary annuity. The monthly payments, interest rate and number of years were provided in the question with the exception of present value. Therefore, we will make the present value the subject of the formula.
<span>100 observations needed for desired accuracy and confidence.
The formula for the confidence of a sampling is:
ME = z*d/sqrt(n)
where
ME = Margin of error
z = z score for desired level of confidence
d = standard deviation
n = number of samples
The z score desired is calculated as follows. If you want a 95% confidence, you calculate 1 - 0.95 = 0.05, then you divide the result by 2, getting 0.025, and finally you use a standard normal table to get the z score for the desired probability. So for this problem of 95.44% we get
(1 - 0.9544)/2 = 0.0456/2 = 0.0228
Looking up a standard normal table, the value of 0.0228 is found to have a z-score of 2.0, a.k.a. 2 standard deviations from the normal.
So let's substitute the known values into the formula and solve for n.
ME = z*d/sqrt(n)
1 = 2*5/sqrt(n)
sqrt(n) = 2*5
sqrt(n) = 10
n = 100
So the owner needs at least 100 samples to be 95.44% certain that his measurement error is within 1 second of the correct time.</span>
