JKL Distribution struggled to make profits for a few years, but eventually, the company had a very profitable year. Should the CEO raise salaries or give employees bonuses to reward them and motivate them to continue meeting company goals? Explain why.
What will be an ideal response?
Managers can distribute merit pay to people in the form of a salary increase or a bonus on top of regular salaries. Bonuses tend to have more motivational impact. Bonuses can be more directly tied to current high performance specific to each employee and, during times of success, appear more substantial than an increase in salary that has been built over the years and includes other factors such as cost-of-living adjustments. Unlike salary increases, bonus levels can be reduced when an organization's performance lags, which again ties them more exclusively to current and future performance.
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________ is the amount of price increase that can be taken without affecting customer demand.
A. Reference pricing B. Just noticeable difference (JND) C. Free on board (FOB) D. Price skimming E. Return on investment (ROI)
Handal Corporation uses activity-based costing to compute product margins. Overhead costs have already been allocated to the company's three activity cost pools--Machining, Order Filling, and Other. The costs in those activity cost pools appear below: Machining$15,800Order Filling$6,400Other$9,800Machining costs are assigned to products using machine-hours (MHs) and Order Filling costs are assigned to products using the number of orders. The costs in the Other activity cost pool are not assigned to products. Activity data appear below: MHs (Machining)Orders (Order Filling)Product O44,800300Product S115,2001,700Finally, sales and direct cost data are combined with Machining and Order Filling costs to determine product margins. Product O4Product S1?Sales
(total)$70,200$112,200?Direct materials (total)$23,900$44,300?Direct labor (total)$38,900$46,700?What is the product margin for Product S1 under activity-based costing? A. $17,592 B. $21,200 C. $29,800 D. $3,752
Which of the following is packet-switched?
A) ATM B) TDM C) both A and B D) neither A nor B
What are the criteria for economic stability?
What will be an ideal response?