What are some recommendations for pay systems?
What will be an ideal response?
1. Stakeholder involvement in system design or reevaluation
2. Simplicity in base pay and diversity in benefits
3. Salary progression tied to continuos improvement
4. Job security
5. Market-match pay philosophy
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Answer the following statement true (T) or false (F)
Answer the following statement(s) true (T) or false (F)
1. Flatter organizations refer to the trend of shifting decision-making powers upward in the organizational hierarchy. 2. According to team leadership theory, individuals other than the formal leader can perform the critical leadership functions. 3. Most experts agree that team leadership is a simple process. 4. A mistake commonly made is to call a work group a “team” but treat it as a collection of individuals. 5. Hill’s model for team leadership outlines a total of seven leadership actions.
What is their total policy cost (including cost of goods) if they order at the EOQ amount?
Kushie's Coffee in Bangalore is a quaint establishment nestled near MG Road in the central business district. It serves coffee and fruit cake to a clientele that has been enjoying these products for over fifty years. The demand for coffee beans is 6600 cases per year (each case has 24 ten-pound bags). It would be disastrous for them to run out of coffee, so they keep a safety stock of 30 cases. The cases cost $4800 and it costs $5 per case to order coffee. As coffee is a perishable product, the holding cost is fairly high at $40/case/year. The lead time to receive an order is seven days. Kushie's is open 300 days a year.
To reduce conflicts in channels, a firm should
A. provide some compensation to members of the older channel. B. offer different products through each channel. C. focus on segments not currently served by existing channels. D. treat channel partners fairly even when one partner is more powerful. E. All these answers are correct.