Megha is revising her organization’s policy around annual raises and wondering whether to reward employees who have been with the company the longest or those who have closed the most sales. She is considering ______.

A. ability to pay
B. types of compensation
C. performance- or longevity-based pay
D. skill- or competency-based pay


C. performance- or longevity-based pay

Business

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To be effective, point-of-purchase displays must:

A) clearly communicate the product's attributes B) offer a reduced price C) match the store's advertising theme D) utilize digital or LED displays

Business

________ combines operationally driven mass customization with customized marketing in a way that empowers consumers to design the product service offering of their choice

A) Consumptionism B) Viral marketing C) Virtual marketing D) Regionalization E) Customerization

Business

Fantasy and Stanley's are popular apparel stores. A Fantasy vendor has offered a Stanley's buyer an attractive discount on merchandise that had been returned to Fantasy by a different retailer. The Stanley's buyer realizes the high gross margin opportunity but refuses the offer nevertheless. Why?

A. The buyer wants to preserve Stanley's image as a fashion leader by not selling returned merchandise that could be out of season. B. Stanley's would be accepting unknown merchandise and could risk the purchase as becoming more problems than it is worth. C. Transportation costs would increase. D. By accepting additional merchandise, Stanley's would be paying the additional costs of carrying the merchandise. E. Accepting the excess merchandise could alter the terms of the purchase as well as delivery dates.

Business

On January 1, Five Star Services has the following balances:

Accounts Receivable $26,000 (debit) Bad Debts Expense $0 Five Star Services has the following transactions during January: Credit sales of $100,000, collections of credit sales of $87,000, and write-offs of $18,000. Five Star Services uses the direct write-off method. At the end of January, the balance of Accounts Receivable is ________. A) $15,660 B) $21,000 C) $20,690 D) $39,000

Business