The most common complimentary close in business correspondence is "Yours truly." _________________________
Answer the following statement true (T) or false (F)
False
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Cabot's CEO's annual compensation is an example of a ________ cost
A) direct B) variable C) traceable common D) nontraceable common E) manufacturing
Which of the following is not a true statement of umbrella agreements?
A. Umbrella agreements provide flexibility for claiming value when the future gains are not known at the time of negotiation. B. Umbrella agreements allow flexibility when the negotiating relationship between the parties is evolving. C. Umbrella agreements can be used when all the issues have yet to be identified but the parties know they wish to work together. D. Umbrella agreements provide flexibility for creating value when the future gains are known at the time of negotiation.
The sales managers and director of sales need to evaluate sales production levels. The company's policy has been to compare each sales representative's sales to their sales the previous year
Which of the following is the strongest argument for changing this method of evaluation? A) Sales representatives do not always sell the same amount each year. B) Sales representatives should not be evaluated by the amount that they sell. C) Changes in products or prices can change sales amounts, so yearly figures are not comparable. D) Because of the product life cycle, amounts should be compared quarter to quarter, not year to year. E) Comparisons should be made to the group as a whole, not to individuals themselves.
Compensation cafeterias are characterized by _____
a. earnings being related to productivity b. employee choice of salary and fringe benefits components c. a combination of salary and commission plans d. a high bonus component