Answer the following statement(s) true (T) or false (F)
1. Ability to pay is determined by assessing estimated revenues from business operations, then deciding what percentage of revenues go toward compensation costs.
2. Wage compression widens the pay gap between new and experienced employees.
3. Wage compression weakens the desired link between pay and performance.
4. Organizations can have a performance or a longevity philosophy to compensation.
5. The longevity philosophy of compensation monetarily rewards employees for their loyalty to the firm.
1. True
2. False
3. True
4. True
5. True
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Achieving work-life balance is important for the following reason(s):
a. Work-life balance must be present in order to sustain professional excellence. b. Imbalance between your work life and personal life can negatively influence the way you communicate. c. Work-life balance fosters the meaningful and successful relationships at home and work. d. all of the above
Private label brands have almost completely replaced ________
A) approach products B) national brands C) avoidance products D) generic products E) specialty products
Captive pricing is illegal
Indicate whether the statement is true or false
Which of the following type of stock gives dividend payment over common stock?
a. preferred stock b. annual stock c. treasury stock d. callable stock e. market stock