Which financial incentive pay plan involves companies paying employees for offering ideas on how to cut costs or improve quality?
A. Payments for suggestions
B. A piecework system
C. Profit sharing
D. A production bonus system
Answer: A
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Once a trademark becomes a(n) ________, the term loses its protection under federal trademark law.
A. unique term B. ubiquitous name C. obsequious term D. generic name
Kamoche and Cunha define ______ as ‘the conception of action as it unfolds, by an organization and/or its members, drawing on available material, cognitive, affective and social resources’.
a. Organizational design b. Innovation c. Management creativity d. Organizational improvisation
General, Inc has prepared the following direct materials purchases budget
Month Budgeted DM Purchases June $69,000 July 78,500 August 78,100 September 76,000 October 78,200 All purchases are paid for as follows: 40% in the month of purchase, 50% in the following month, and 10% two months after purchase. Calculate budgeted balance of accounts payable at the end of October. A) $46,920 B) $54,520 C) $7,600 D) $15,420
Under a coinsurance clause, a homeowner who insures a home for 80 percent of its value can recover only 80 percent of the cost for damage to it.
Answer the following statement true (T) or false (F)