Question Completion with Options:
*Re-evaluate the existing commission plan to determine whether you can eliminate the perception of unfairness. Re-evaluate the base salaries by comparing them to other upscale clothing stores.
*Put all salespeople on the same commission plan regardless of tenure. This will clearly establish a strong relationship between performance and reward for all sales personnel. Increase the base salaries of longer-tenured salespeople who have worked for Swazzi more than two years to reinforce the relationship between their experience/loyalty and their rewards.
*Travel to the stores and explain the system in detail to the sales teams. Tell them you will try to clear up any perceived unfairness once you see whether they are serious about selling
Answer:
*Put all salespeople on the same commission plan regardless of tenure. This will clearly establish a strong relationship between performance and reward for all sales personnel. Increase the base salaries of longer-tenured salespeople who have worked for Swazzi more than two years to reinforce the relationship between their experience/loyalty and their rewards.
Explanation:
Longer-term sales personnel should be rewarded differently from newer personnel. But, this differential reward should not be based on the sales commission. The base salary will be more ideal for this tenure reward. This will be in line with the Expectancy Theory which states that employees base their individual levels of effort on what is necessary to perform well and earn rewards within the workplace. The theory also requires that the reward structure is clear with well-defined goals and routine evaluations. The Expectancy Theory helps workers to put in their best because they are looking forward to some well-defined and clear rewards.
Answer:
B) $4,200; $4,800
Explanation:
total delivery expense = $9,000
Dept. Y Dept. X
direct expenses $1,000 $0*
indirect expenses ($8,000 x 40%) ($8,000 x 60%)
<u> $3,200 $4,800 </u>
total delivery expenses $4,200 $4,800
*Since no direct delivery expenses were generated by Dept. X, no amount should be allocated. Indirect expenses are allocated based on the percent generated by each department.
<span>The
answer is private placement. It is the transaction of securities to a moderately
small number of select investors as a way of raising capital. Investors
involved in private placements are frequently large banks, mutual funds,
insurance companies and pension funds. A
private placement is
not the same from a public issue, in which securities are made accessible for
sale on the open
market to any type of investor. Since a private placement is obtainable
to a few selected individuals, the placement does not have to be recorded with
the Securities
and Exchange Commission (SEC). In many circumstances, thorough
financial information is not disclosed and the investment is not sold by prospectus.</span>
Answer:
Flat companies have greater span of control than taller companies.
Explanation:
The reason is that if the greater number of employees are managed by a senior position which means the manager has greater span of control, such organizations are known as wider or flat organizations as the companies have lower number of management levels. The organization in which Jane and Salma work are examples of flat organization.
On the other hand, the companies in which fewer number of employees are managed by a senior position which means the manager has lower span of control, such organizations are known as tall organizations as the companies have greater number of management levels. The organization in which Billy work is an example of tall organization.
