Answer the following statements true (T) or false (F)
1.A bonus is a payment typically provided to a salesperson for selling an item to a customer and is usually paid as a percentage of the price of an item that is sold.
2.A program to reward top performers with increases in their annual wage that carry over from year to year is called entitlement pay.
3.In a straight piece-rate compensation plan, each task is assigned a normal amount of work time for completion.
4.Entitlements pay a portion of company proceeds to the highest performing employees of the firm through a bonus payment.
5.Entitlements provide executives who are dismissed from a merged or acquired organization with typically large lump sum payments on dismissal.
1.false
2.false
3.false
4.true
5.false
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Which of the following should be included in a good vision statement?
A. Firm's attitude toward its employees. B. Geographical areas in which the firm will compete. C. Firm's basic technology. D. Firm's standards of excellence and high ideals. E. Firm's major products or services.
Factory overhead normally consists of direct materials and indirect labor
a. True b. False Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1.Benjamin thinks that the new student on his debate team appears to not be very interesting, so Benjamin decides not to engage in conversation or to listen to him. These are signs that Benjamin is a deficient listener. 2.Sympathetic responsiveness is also known as empathy. 3.When we solicit additional information from another person in an effort to draw him or her out as well as to demonstrate our willingness to listen we are probing. 4.Alex began telling people at work a rumor about one of their coworkers. Most of the people he told did not response well to his gossip. This a case in which negative evaluative feedback encourages a person to continue the behavior that is being displayed. 5.People from Eastern cultures view silence as signaling respectability and trust; they believe that words can corrupt an experience.
Marketing managers almost always consult primary sources before embarking on secondary data collection
Indicate whether the statement is true or false