If a manager believes there are too many pay levels and would like to reduce the number of pay levels from 30 to 20 by combining multiple pay levels, it will engage in _______.
A) team sharing
B) piecework
C) profit sharing
D) broadbanding
Answer: D) broadbanding
You might also like to view...
Sally is an average shopper, with average income. When she is in the store she buys a few items which cost more than $20, several items which cost between $5 and $20, and many items which cost less than $1 . The price elasticity of Sally's demand for these goods most likely ____
a. increases as the price decreases b. decreases as the price decreases c. increases as the price increases d. decreases as the price increases e. remains constant over all price ranges
A country on a gold standard was able to maintain people's confidence in the value of its currency by:
a. printing more and more paper money. b. restricting international exchange of goods and services. c. ensuring the convertibility of paper money into gold. d. maintaining a fixed stock of foreign currencies. e. ensuring balance of payment surplus.
If there were no usury law the quantity of money borrowed would be $_______ billion.
A. 125
B. 250
C. 275
D. 300
What is true about the Federal Reserve System?
a. The Fed prints US currency and investigates counterfeit currency cases b. The Fed accepts deposits from and makes loans to commercial banks c. The Fed is a lender of last resort for high-poverty small businesses d. There are 21 Federal Reserve Banks across the US