Describe the major reasons why an organization would use incentive pay.
What will be an ideal response?
Incentives are necessary because they give us the opportunity to recognize our best people and provide us with flexibility to give them greater rewards than average or low performers. Variable pay systems also shift some of the company risk to the employee when economic downturns affect our businesses. Companies don’t have to pay out some incentives if they are tied to organizational performance and the organization underperforms because of problems in the economy. Finally, incentive pay helps us achieve strategic goals, assuming that our incentives are aimed at accomplishing these objectives.
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It was them that suggested a cruise to the caribbean islands
What will be an ideal response?
Knezevich Corporation makes a product that sells for $230 per unit. The product's current sales are 36,900 units and its break-even sales are 32,103 units. Required:Compute the margin of safety in both dollars and as a percentage of sales.
What will be an ideal response?
What are the three primary components an organization should consider when determining its facilities strategy?
A. Location, inventory, transportation. B. Location, capacity, operational design. C. Capacity, operational design, information. D. Capacity, operational design, transportation.
Ascension County needs $3,000,000 from their budget based on a county-wide assessed property value of $10,500,000 . Calculate their tax rate. Round to the nearest whole percent
a. 4% b. 27% c. 30% d. 29%