When cooperation is important for successful organization performance, which of the following pay structures is most suitable?
A. A hierarchical pay structure
B. A layered pay structure
C. A tournament theory-based pay structure
D. An egalitarian pay structure
Answer: D
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Answer the following statements true (T) or false (F)
In the terminology suggested by the FASB related to consolidation reporting, the term parent company refers to the company whose stockholders as a group end up with control of the voting stock of the other company entering into the business combination.
Describe an example of a product placement you have recently seen, and if it was effective.
What will be an ideal response?
Sophisticated employers recognize that unemployment compensation claims must be considered within the context of the company's:? A) ?compensation benefits strategy
B) ?insurance plans. C) ?total human resource strategy. D) ?corporate policy.
Apparent Authority. Red River Commodities, Inc (RRC), entered into a contract with Kelby Eidsness under which RRC agreed to purchase 250,000 pounds of sunflowers. Because of a drought, Kelby was only able to deliver 75,084 pounds. The contract contained
a clause stating that if Kelby could not deliver the promised 250,000 pounds because of an event unanticipated at the time the contract was formed, Kelby would be excused from performance only if he seasonably notified RRC of his inability to perform. Kelby orally notified RRC's contracting representative, Richard Frith, who Kelby assumed was RRC's agent, about his poor crop in September before the harvest. RRC insisted that Frith was not a contracting agent and had no authority to bind RRC in any way. The RRC-Kelby contract included the following statement: "The contracting representative identified below