All categories

2 years ago

A standard hour incentive plan is likely to be successful if :_________

Business

1 answer:

Y_Kistochka [10]2 years ago

3 0

Answer: employees want the extra money more than they want to work at a pace that feels comfortable

Explanation:

A standard hour plan is based on the units that employees produce and once that unit is met, a set hourly wage is paid to the employees and an incentive can be given once the standard number of hours is exceeded.

It should be noted that a standard hour incentive plan is likely to be successful if employees want the extra money more than they want to work at a pace that feels comfortable. This will motivate them to work for extra hours since they want the extra money.

You might be interested in

What is the Porter's 5 forces model?

neonofarm [45]

Answer:

Created by a Professor Michael E. Porter, from Harvard, this model explains the various forces applied to a business.

Competition in the industry : Are there competitors in the industry? If so, are they numerous and weak or is the industry dominated by a few major players?

Potential of new entrants into the industry : What's the risk of having new competition? If you are selling a product, can you protect it with a patent for example?

Power of suppliers : Can the suppliers of what you need easily affect the prices? It's basically asking if there is competition in your suppliers' market.

Power of customers : That related to your customer base. If your customer base is large, chances are no individual will be able to force your price down. But if you are dealing with a limited number of customers, one of them might force you to lower your prices.

Threat of substitute products: Is there any comparable product/service offered at a lower cost that might bring your prices down?

4 0

2 years ago

HELP

evablogger [386]

Answer to this question is all of above. D.

6 0

1 year ago

Substitution and income effects of a change in price of a good may be used to explain the:

kodGreya [7K]

Answer: Option A

Explanation: In simple words, substitution effect refers to the economic phenomenon which states that when price of one good rises the demand for the alternative of that particular good also rises. For example - coke and pepsi.

On the other hand, income effect states that when the price of a commodity rises, a number of consumers might find it hard to purchase due to the price exceeding their income power which further results in lower demand.

Hence from the above we can conclude that the correct option is A.

6 0

2 years ago

are useful when you want to show the ratio of different parts to the whole. A. tables B. pie graphs C. bar graphs D. line graphs

kirill115 [55]

I think that the answer is B.

6 0

3 years ago

Read 2 more answers

Which of the following should take place in the completing stage when writing an instant message?a. Creating a content outline b

antoniya [11.8K]

Answer:

C. Proofreading

Explanation:

Option A is wrong. In an instant message, no one is trying to create a content outline as it is not a letter or assignment.

Option B is incorrect. An instant message can be sent to many people at a time. Therefore, maximizing the number of receivers is the main idea while writing an instant message.

Option D is also not correct. Acronyms are hard to understand. Writing acronyms in an instant message will be challenging for the receivers.

Option E cannot be the answer as an instant message can be sent anytime. Therefore, it can be increased.

<em>Option C</em> is correct because while writing an instant message, proofreading is a necessary stage. If anything misspelled or miswritten, the explanation will change.

5 0

2 years ago