ABC Ltd. generated one million Canadian dollars in profits this year. ABC Ltd. decides to place 200,000 Canadian dollars (20 percent of pre-tax profits) in a bonus pool. In previous years, this figure has ranged from zero to 50 percent of pre-tax profits. What type of formula is ABC Ltd. using to determine contributions into the pool?
a. fixed percentage
b. fixed threshold
c. discretionary
d. percentage approach
c. discretionary
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A) retailer cooperative B) voluntary chain C) consumer cooperative D) merchandising conglomerate E) franchise organization
_____ is the first stage of the General Adaptation Syndrome.
A. Exhaustion B. Resistance C. Alarm D. Burnout E. Conflict
A mission statement encompasses both the purpose of the company as well as the basis of competition and competitive advantage.
Answer the following statement true (T) or false (F)
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