Vroom Motors, an automobile company, ties individual performance, profits, and other measures of employees' success to a particular form of pay. This form of pay is influential because the amount paid is linked to certain predefined behaviors or outcomes. What pay structure is exemplified in this scenario?

A. piecework rates
B. minimum wage
C. incentive pay
D. overtime pay
E. salary


Answer: C

Business

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Job satisfaction results in stronger ______ and lower levels of ______   

A. job involvement; work-life balance. B. motivation; life satisfaction. C. organizational commitment; perceived stress. D. perceived stress; life satisfaction. E. perceived stress; absenteeism.

Business

Philosophers distinguish between three different types of responsibilities on a scale from more to less demanding or binding. Explain these responsibilities.

What will be an ideal response?

Business

Sarafiny Corporation is in the process of preparing its annual budget. The following beginning and ending inventory levels are planned for the year. Beginning InventoryEnding InventoryFinished goods (units)22,000?72,000?Raw material (grams)52,000?42,000?Each unit of finished goods requires 2 grams of raw material. The company plans to sell 690,000 units during the year.The number of units the company would have to manufacture during the year would be:

A. 638,000 units B. 690,000 units C. 762,000 units D. 740,000 units

Business

Phips Company paid total cash dividends of $200,000 on 25,000 outstanding common shares. On the most recent trading day, the common shares sold at $80. What is this company's dividend yield?

A. 25% B. 6.4% C. 10% D. 16.9%

Business