List and describe the three ways that employees can be rewarded and recognized for teamwork.
What will be an ideal response?
Nonfinancial: Being part of a satisfying team helps motivate employees to be good team players. The company can have formal and informal meetings or awards ceremonies to recognize team accomplishments.
Skill-Based Pay: Employees are paid for learning additional skills or knowledge they need to perform multiple jobs within a team and to share knowledge with other team members.
Gainsharing: Employees share the financial gains through increasing productivity, decreasing costs, and improving quality.
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The aspect of a cultural system which describes the mental characteristics of a people and the way they relate to their environment and social groups is known as ________
A) ecology B) social structure C) ideology D) anthropology
Rarely will the cash flows from operating activities, as reported on the statement of cash flows, be the same as thenet income reported on the income statement
a. True b. False Indicate whether the statement is true or false
Oakland Corp purchased land and a building for a combined cost of $500,000 . Oakland must
a. record the $500,000 acquisition cost in an account called Land and Buildings. b. depreciate the $500,000 acquisition cost, less any residual value, over the expected useful life of the building. c. because part of the purchase involved land, record all of the cost in the Land account. d. allocate the $500,000 acquisition cost to separate Land and Buildings accounts based on their respective fair market values.
For ______ to be successful, individuals from opposing sides need to be genuinely interested in finding a resolution to the problem and willing to listen to each other.
A. negotiation B. functional conflict C. competitive conflict D. dysfunctional conflict