Answers

VC

Answered

A demand curve with constant slope over all quantity values will always have a price elasticity of demand equal to -1.

On Jul 28, 2024


False
VC

Answered

Management's failure to communicate rules to employees is one of the major reasons for reversing disciplinary action.

On Jul 24, 2024


True
VC

Answered

Which of the following is the best example of the proximity rule that, for service firms, proximity to market is the most important location factor?

A) Soft drinks are bottled in many local plants, where carbonated water is added to proprietary syrups that may have been shipped long distances.
B) Few people will travel out of state for a haircut.
C) Patients will travel very long distances to have their hernia surgeries performed at Shouldice Hospital.
D) Furniture makers choose to locate near the source of good hardwoods, even though it means locating near other furniture manufacturers.
E) Metal refiners (smelters) locate near mines to accomplish significant weight reduction near the metal's source.

On Jun 28, 2024


B
VC

Answered

Briefly explain the purpose of the behavioural framework for compensation.

On Jun 24, 2024


Rewards have a powerful effect on behaviour.It is crucial to understand what specific attitudes and behaviours are needed by your organization and the role that the reward system can play in producing these behaviours.The behavioural framework can be used as a conceptual tool to help us understand the process through which compensation affects employee behaviour.Knowing the behaviour that various compensation plans will likely produce will help us to design the compensation system most likely to produce the behaviour that we want.
VC

Answered

A characteristic of a tenancy in common is that:

A) it is a rarely used form of concurrent ownership.
B) each co-owner has an undivided interest in the property and has the right to possession.
C) there is a right of survivorship.
D) All of these.

On May 29, 2024


B
VC

Answered

Most of your routine requests will involve asking someone to provide information or
take some specific action.

On May 25, 2024


True