Why are nonfinancial rewards important?

What will be an ideal response?


Sales representatives are motivated by different rewards. For some, financial rewards are sufficient. For many others, the kind of recognition that comes from nonfinancial rewards is very valuable and the key to future success. Nonfinancial rewards like plaques, certificates, pens, lapel pins, and so on are symbols of success that can be given at a sales meeting and publicized in the company newsletter.

Business

You might also like to view...

Debits in the work in process account consist of actual direct material costs, actual direct labor costs, and estimated manufacturing overhead costs.

Answer the following statement true (T) or false (F)

Business

QRM, Inc's marginal tax rate is 35%. It can issue 10-year bonds with an annual coupon rate of 7%

and a par value of $1,000. After $12 per bond flotation costs, new bonds will net the company $966 in proceeds. Determine the appropriate after-tax cost of new debt for the firm to use in a capital budgeting analysis. A) 7.50% B) 4.87% C) 7.8% D) 2.62%

Business

Tyler, a citizen of Utah, files a suit in a Utah state court against Veritas Sales Corporation, a Washington state company that does business in Utah. The court has original jurisdiction, which means that? A)?the case is being heard for the first time

B)the court has a unique method of deciding whether to hear a case.? C)?the court has unusual procedural rules. D)?the subject matter of the suit is interesting and new.

Business

Business law topics such as contracts, agency, property, and trusts are governed primarily by the common law

Indicate whether the statement is true or false

Business