Margo has just opened a new clothing store. She can’t afford to pay much over minimum wage at this point. But, she plans to distribute a portion of her earnings once she has paid off her startup costs. Margo plans on using which kind of extrinsic reward?
a. Merit pay plan of individual-level performance-based pay
b. Profit sharing plan of team- and organization-level performance-based pay
c. Bonus pay plan of individual-level performance-based pay
d. Gainsharing plan of team- and organization-level performance-based pay
b. Profit sharing plan of team- and organization-level performance-based pay
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Which of the following is NOT an advantage of using depth interviews compared to using focus groups in marketing research?
A) Depth interviews can uncover deeper insights than focus groups. B) Depth interviews result in a free exchange of information that may not be possible in focus groups. C) Depth interviews attribute the responses directly to the respondent, unlike focus groups, where it is often difficult to determine which respondent made a particular response. D) With probing, it is possible to get at the real issue when topics are complex. E) Skilled depth interviewers are inexpensive and easy to find compared to focus group moderators.
The variable costing reports of service firms will not report ________
a. contribution margin ratio b. manufacturing margin c. contribution margin d. None of these choices.
Not tracking and responding to demographic changes is a management failure because the data are easy to obtain and major changes occur slowly.
Answer the following statement true (T) or false (F)
After reviewing Brenda's current financial situation, Ronald, her friend, assesses that she has an unpaid credit card balance of $4,500, on which an annual percentage rate of 15% is applicable. In this case, the best advice that Ronald can give Brenda is to:
A. increase the annual percentage rate on her credit cards. B. switch credit card companies as many companies offer benefits such as frequent-flier miles. C. keep using the card and not to worry about the balance because all interest is tax deductible. D. place a high priority on eliminating her credit card balance as quickly as possible.