Write a short note on pay structure.
What will be an ideal response?
Pay structure refers to the array of pay rates for different work or skills within a single organization. The number of levels, the differentials in pay between the levels, and the criteria used to determine those differences describe the structure.
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Rodeo, Inc. has a contribution margin ratio of 45%. This month, profit was $40,000 and fixed costs were $50,000. How much was Laredo's sales revenue?
A. $40,500 B. $200,000 C. $111,111 D. $90,000
The primary dimensions of diversity include all of the following, except:
a. Age b. Ethnicity c. Gender d. Religion
What is a global network of organizations and activities that supply a firm with goods and services?
A) supply tree B) provider network C) supply chain D) vendor network E) vendor tree
Which of the following statements is correct?
A. Financial institutions in other countries generally are less regulated than in the United States. B. One reason domestic firms "go global" is to sell products in saturated markets. C. Often firms can avoid regulatory hurdles that apply to foreign manufacturers by establishing manufacturing units in the country where the hurdles apply. D. One of the advantages associated with doing business in international markets is that all countries report their financial statements in the US dollar. E. Cultural differences among countries gives advantage to a multinational firm to use the same marketing strategy that is, packaging, advertising, and so forth in every country in which it operates.