Gainsharing is similar to ______ because in each case, the gain is shared with the employees who helped to create the gain.
A. commission
B. profit sharing
C. merit pay
D. bonus
B. profit sharing
You might also like to view...
If the output rate for a given level of capacity is less than the optimum level, then ______.
A. increasing the output level reduces economies of scale B. increasing the output level increases economies of scale C. decreasing the output level increases economies of scale D. decreasing the output level maintains economies of scale
Organizational leaders who change their leadership styles based on the particular circumstances of a situation are practicing ______ leadership.
A. autocratic B. trait theory C. decision-making D. contingency theory
Small businesses make up the majority of the competitive landscape for most businesses. There are approximately ________ small businesses in the United States.
A. 52 million B. 28 million C. 39 million D. 97 million E. 17 million
The following information is taken from the adjusted trial balance of the Studio Art Supply Company at the end of Year 1:
Studio Art Supply offers all of its charge customers the credit terms, 2/10, n/30.Required:a) Compute the accounts receivable turnover.b) Compute the average number of days to collect accounts receivable. Round your answer to a whole number for days.c) Comment on the meaning of these ratios and specifically on how well this firm is managing its accounts receivable.
What will be an ideal response?