Because the production division at Heavenly Gates Inc. is $10,000 below budget due to process improvements, this year 30 percent of the savings will be returned to the division to spend as desired, as a form of

A. pay for performance.
B. pay for knowledge.
C. gainsharing.
D. profit sharing.
E. stock options.


C. gainsharing.

Gainsharing is the distribution of savings or "gains" to groups of employees who reduced costs and increased measurable productivity.

Business

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Which of the following is true about a nonprobability sample?

A) The hierarchical sampling method is used to select people who appear most willing to participate. B) Representativeness is the key determinant of who participates. C) A researcher uses personal judgment to select participants. D) Every member of the population is included in the sample. E) Each member of the population has some chance of being included in the sample.

Business

What are the three criteria used in patronage selection?

What will be an ideal response?

Business

The accounting firm of Gray & Co did accounting work for both Regional Bank and Carter Electronics. Without Carter's knowledge or approval, Gray & Co discussed Carter's financial problems with Regional Bank. In this situation, Gray & Co A) breached a legal obligation to keep all client information confidential

B) breached a moral, but not a legal, obligation of confidentiality. C) did not breach any obligations to its clients. D) acted properly because it was protecting its client, Regional Bank, from possibly making an unwise loan to Carter Electronics.

Business

Which one of the following combinations best signals a strong market?

I. a greater number of advancing stocks than declining stocks II. a greater number of declining stocks than advancing stocks III. a greater volume in rising stocks than in declining stocks IV. a greater volume in declining stocks than in advancing stocks A) I and III B) I and IV C) II and III D) II and IV

Business