Provide an example of a straight piece-rate plan and of a differential piece-rate plan.
What will be an ideal response?
A straight piece-rate plan is a compensation system where the employee is compensated for every “piece” that they complete. Example: The more shirts Anji presses, the more money she will be paid. A differential piece-rate plan provides the employee with a base wage and the opportunity to earn more if they produce more than the standard. Example: Bob is paid $15/hour to assemble 480 chairs. He earns an additional $0.25 for every additional chair that he assembles.
You might also like to view...
What two writers are associated with reinventing government? What is the federal program implementing it?
What will be an ideal response?
Assuming that Gtext elects to distribute service department costs to production departments using the direct distribution method, the amount of factory maintenance department costs that would be allocated to the assembly department would be (round all final calculations to the nearest dollar):
a. $40,323 b. $46,875 c. $44,000 d. $0
Checkout times in a Walmart store follow an exponential distribution with a mean time of 8 minutes. What is the probability that the checkout time for the next customer will be 6 minutes or less?
A) 0.528 B) 0.472 C) 0.972 D) 0.328
Based on Nan’s conduct, Odel reasonably believes that Poppy has the authority to act on Nan’s behalf even though Poppy does not have the actual authority to do so. In this circumstance, Poppy has
A. apparent authority. B. express authority. C. implied authority. D. no authority.