Although Costco pays its employees substantially more than its closest competitor, Sam’s Club, it has similar financial returns on its labor costs due to lower turnover and higher levels of productivity
Option A
<u>Explanation:
</u>
While Costco costs its workers slightly more than its closest competitor, Sam's Club, Costco pays higher prices in order to recruit more professionals and to provide better customer service due to lower turnover and a similar financial return.
Direct costs involve wages for staff making a product and employees on the production line, while indirect costs apply to assistance, such as employees repairing factory equipment.
When labor costs are wrongly distributed or measured, the price of goods or services may be changed from their actual costs and profits from losses.
I don't know. There are no answer options. Maybe palm trees etc.?
Transnet SOC Ltd is a rail, port, and pipeline company in Johannesburg.
Price: This company is a price maker, therefore, in terms of price, Transnet perfect compitetor is a price taker.
Output: Transnet has the ability to decide the quantity of their output and they have many competitors on this one.
<span>Profit: Transnet might be able to increase their profit but in a competition it would be hard because customers might switch to the competitor. </span>
Answer:
The correct answer is motivation.
Explanation:
Work motivation refers to the ability of a company to keep its employees involved to offer maximum performance and thus achieve the business objectives set by the organization.
This motivation at work is key to increasing business productivity and team work in the different activities they carry out, in addition to ensuring that each member feels fulfilled at his or her job and identifies with the company's values. It is the best way for workers to consider themselves an important part of the company and give their best.
One of the most productive things that HR teams and HR managers can do is create a strong culture that helps employees be themselves on the job.
