Which of the following is a reason for unions favoring gain-sharing plans?
A. Increased involvement with job activities
B. Increased peer pressure to perform
C. Increased clarity in bonus calculations
D. Increased flexibility in moving employees quickly into high-demand areas
Answer: A
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Which of the following is true about absorption costing?
a. No fixed factory overhead is charged to production. b. It is also known as direct costing. c. The term used to designate the difference between sales and cost of goods sold is the "manufacturing margin.". d. Overapplied factory overhead is reflected in the income statement as a reduction cost of goods sold.
The primary use of ______ is to explain words or concepts.
a. examples b. definitions c. analogies d. statistics
In negotiations, an ultimatum means the distributive tactics that the other party uses in a negotiation to put pressure on negotiators to do something that is not in their best interest.
Answer the following statement true (T) or false (F)
All of the following are basic types of compensation plans for salespeople EXCEPT ________
A) straight commission B) straight salary C) salary plus commission D) salary plus company shares E) salary plus bonus