Shelina, who runs a motorbike riding camp for girls, is considering the creation of an effective compensation system for her staff. What should Shelina do first?
A. pay employees a bonus for each strategic and financial objective that the company achieves.
B. establish ethical compensation policies and convince employees that they are the firm's most valuable competitive asset.
C. generously reward and recognize people who meet or beat performance targets and deny rewards and recognition to those who don't.
D. design monetary and nonmonetary incentives that boost labor productivity and help lower the firm's overall labor costs.
E. allow employees to propose what rewards they would like to receive to achieve the company's stretch objectives.
Answer: C
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Xu Corp started business at the beginning of 2016 . Xu selected the FIFO method for its inventory. In order to maximize its profits for 2016 under this method, prices must be
a. Stable b. Decreasing c. Increasing d. Fluctuating up and down at the same amount consistently over the year
The opposite of the penetration pricing is:
A) value pricing. B) skimming. C) market share pricing. D) competitive pricing.
Gains and losses on effective cash flow hedges are reported initially in
a. accumulated other comprehensive income. b. contributed capital. c. net income. d. an adjustment to the beginning balance of retained earnings. e. an adjustment to the ending balance of retained earnings.
Which of the following clauses protects the insurers from intentional or unintentional material or informative misrepresentation from an insurance applicant?
A) exclusions from coverage clause B) incontestability clause C) deductible clause D) coinsurance clause