Yuri likes the results he gets from organizing the employees at his law firm into teams. Unfortunately, Jacob, undeniably the most talented partner in the firm, feels he is not being recognized and is insufficiently compensated for his contribution to the firm, and Yuri realizes that he is probably right. How can Yuri structure his salaries to encourage teamwork, while retaining top performers like Jacob?
A. begin paying each employee the same hourly wage
B. combine individual and team performance when determining wages
C. base wages on the performance of all the teams in the firm
D. base wages on the performance of each individual team
E. pay each individual based on his or her individual performance
Answer: B
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A. controlling. B. managing. C. planning. D. organizing. E. leading.
During the close of the interview, what should a candidate do to ensure the interviewer has accurate and meaningful information?
A) Clarify any misconceptions the interviewer might have B) Ask the interviewer if they have additional questions C) Ask the interviewer how well they understood potentially difficult information D) Have a list of potential questions prepared about the organization E) Have potential questions prepared about the next step in the interview process
The best dividend payout ratio:
a. approximates 50%. b. continues at the same level as was historically paid. c. is similar to the industry average. d. is higher than that of competitors. e. does not follow any rule of thumb for dividend payout.
Explain the basic requirements that must be met for a contract to be enforceable
What will be an ideal response?