For five years, Willard Insurance Group offered $500 bonuses to individuals who identified ways to reduce costs by at least $1,000 per year. In the first year of that incentive program, 31 employees earned the bonus, but last year, only 14 submitted ideas, and only three of the ideas would actually save more than a few dollars. The company's HR director suggests that the company is likely to see more improvement if it replaces individual incentives with a gainsharing plan. Which statement best supports this argument

Answers

Answer 1

Based on the benefits of gainsharing and this scenario, the best statement to support this argument is e. Gainsharing expands employees' thinking beyond their individual interests.

Gainsharing:

Refers to employees sharing from the gains the company gets when it grows Inspires employees to work together to grow the company

Should gainsharing be implemented here, employees would try to find ways of cutting costs together as this would benefit the entire company and lead to them getting more gains as well.

They would therefore look past individual interests and more towards the growth of the company.

In conclusion, gainsharing leads to employees thinking about more than themselves.

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Related Questions

________ involves cultivating opinion leaders and getting them to spread information about a product or a service to others in their communities

Answers

Answer:

Integrated marketing communications involves cultivating opinion leaders and getting them to spread information about a product or a service to others in their communities.

I hope this helped at all.

A business continues to operate while the committee of creditors determines whether to accept or reject the business's proposed payment plan:

Answers

Answer:

chapter 11

Explanation:

Answer:

Chapter 11    

Explaination:                      

if the federal reserve decided to raise interest rates, it could

Answers

buy bonds to lower money supply

Suppose you deposit $1,000 in your checking account. If the reserve ratio is 10%, how much of your deposit can the bank loan

Answers

Based on the information given the amount of your deposit that the bank can loan is $900.

Using this formula

Loan amount=Deposited amount- (Deposited amount× Reserve ratio)

Where:

Deposited amount=$1,000

Reserve ratio=10%

Let plug in the formula

Loan amount=$1,000-($1,000×10%)

Loan amount=$1,000-$100

Loan amount=$900

Inconclusion the amount of your deposit that the bank can loan is $900.

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Hlp please hlp

Answers

Answer:

i think its either overt or rigid

Explanation:

Answer:

unspoken

Explanation:

got it right on plato

(Q013) The central producers that controlled the overall and day-to-day operations of their major Hollywood studios were known as _____________.

Answers

The central producers that controlled the overall and day-to-day operations of their major Hollywood studios were known as moguls.

Moguls are producers that play a major role when it comes to movies production in their major Hollywood studios.

They  help to plan, organize, manage and control all the daily activities or daily operation in the Hollywood studios.

The central producers as well ensures that all movies produced are of high standard and of good quality.

Inconclusion the central producers that controlled the overall and day-to-day operations of their major Hollywood studios were known as moguls.

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If each of two monopolistic competitors undertakes equally successful advertising efforts to attract consumers away from the other, the total result is that ________. they will both increase market share they will both increase market share they will both improve their industrial position they will both improve their industrial position they will simply neutralize one another's efforts

Answers

Answer:

They will simply neutralize one another's efforts

Explanation:

The key is in "attracting consumers away from the other."  Because there's already a given set of consumers, the advertising tactics of the two duopolistic firms will end up in a loss in some customers and a gain in others. This is a zero-sum game, and a neutralization of each other's efforts.

What are the 5 Functions of Management? Describe each Function:​

Answers

planning-
involves analyzing information, setting goals, and making decisions about what needs to be done

organizing-
identifying and arranging the work and resources needed to achieve goals

staffing-
all activities involved in obtaining, preparing and compensating the employees of a business

implementing-
the effort to direct, and lead people to accomplish h planned work of an organization

controlling-
determines to what extent the business s accompishing the goals it set out to reach

Jerry and Anat each own a bicycle tire shop and sell bicycle tires. Suppose the equilibrium price for bicycle tires is $42 but the market price falls to $37. Neither is able to earn a profit at the lower price, and both go out of business. If there are no other sellers in this market, what effect does this have on producer surplus

Answers

Answer:

Producer surplus decreases to zero

Explanation:

john a supervisor at the local factory revicea freuesnt requests from workers on how to fix the machine they use what shoud, john do

Answers

The answer is John should continue to fix the machine himself.

During the year, Squid Roe Inc.'s revenues were $200,000 and its net income was $60,000. It had not preferred shares, and its stockholders' equity and total assets were $380,000 and $780,000 at the beginning of the year and $420,000 and $900,000 at year-end, respectively. ROE (rounded to the nearest tenth of a percent) equals ______. Multiple choice question. 14.3% 50.0% 6.7% 15.0% 7.1%

Answers

Based on the information given the return on equity (ROE) is 15.0%.

Using this formula

Return on equity (ROE)=Net income/ Average Stockholders' equity

Let plug in the formula

Return on equity (ROE)=$60,000/[($380,000+$420,000)/2]

Return on equity (ROE)=$60,000/($800,000/2)

Return on equity (ROE)=$60,0000/$400,000

Return on equity (ROE)=0.15×100

Return on equity (ROE)=15%

Inconclusion the return on equity (ROE) is 15.0%.

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The _____ market is a market in which the demand for and supply of money determine an interest rate or opportunity cost of holding money balances.

Answers

Answer:

Money

Explanation:

The Money market is a market in which the demand for and supply of money determine an interest rate or opportunity cost of holding money balances.

What is term Money market about?

Money markets are used for short-term lending or borrowing usually the assets are held for one year or less.

Moreover, money market returns are often low but steady, while capital markets offer higher returns.

People might withdraw money from interest-bearing accounts, making the interest rate rise, if there is a shortage in the money market.

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While shopping online, you are given the option of free shipping if you add just six more dollars to your current total. Similar to the candy bars we grab at a grocery store's checkout aisle, this sales promotion, offered in the online checkout screen, is known as a ______.
A. POP display
B. CRT display
C. loyalty program
D. product placement

Answers

The type of promotion which is also practiced in grocery stores with candy bars, is known as A. POP display

A Point of Purchase (POP) display:

Refers to placing products just as a customer is about to pay for their purchases Is usually used for cheap and enticing goods Increases sales as the cost is considered inconsequential

By offering a product just as the person is about to pay for their current total, the online store is engaging in POP display as they offered it at the point of purchase.

In conclusion, this describes a POP display.

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Today, management is becoming more progressive. Many managers are being educated not to ________ employees.

Answers

Many managers are being educated not to DIRECT employees

an individual employee or applicant cannot exercise his or her rights under any of the federal antidiscrimination laws without sufficient evidence.

Answers

According to the principles of anti-discrimination law, it is FALSE that individual employee or applicant cannot exercise their rights under any of the federal anti-discrimination laws without sufficient evidence.

This is because the anti-discrimination law and whistleblower protection under the No Fear Act allow employees only to provide a reason for anti-discrimination conduct from the employers; the employees don't need to provide sufficient evidence before they exercise their anti-discrimination right.

Anti-Discrimination law covers discrimination on issues relating to any of the following:

Race, color, religion, sex, and national origin, pregnancy, disabilities, etc.

Hence, in this case, it is concluded that the correct answer is "False."

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What are five of the most essential funtions of accounting ?

Answers

Control of financial policy and formation of planning.

Preparation of budget.

Cost control.

Evaluation of employees' performance.

Prevention of errors and frauds.

what term refers to the inherent value of the product in the marketplace?

Answers

Answer: design quality

of the three primary tools the federal reserve uses to conduct monetary policy, the tool used most often is

Answers

Of the three primary tools the federal reserve uses to conduct monetary policy, the tool used most often is the open market operation.

Monetary policy are policies taken by the Federal reserve to affect the level of aggregate demand in the economy.

Tools of monetary policy:

1. Open market operations : It is when the Feds either sell bonds to the public or buys bonds from the public. When the Fed buys bonds, it is known as contractionary policy. When it buys bonds, it is known as an expansionary policy.

2. Reserve Requirement : Reserves are the proportion of deposits required by the central bank that banks keep.  If reserve requirement is increased, ,money supply in the economy decreases and if it is decreased, money supply increases.

3.Discount rate : this is the rate at which the central bank lends to commercial banks. An increase in discount rate is a contractionary policy while an decrease in discount rate is an expansionary policy .

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what is the importance of the organisational structure​

Answers

Answer:

Explanation:

Organizational structure provides guidance to all employees by laying out the official reporting relationships that govern the workflow of the company. A formal outline of a company's structure makes it easier to add new positions in the company, as well, providing a flexible and ready means for growth.

Taking more than four years to graduate will increase costs and mayimpact a return on investment. What could you check to see how long most students take to finish at an institute of higher education?

Sticker price

Graduation rate

Net cost

Student body ratio

Answers

Answer:graduation rate

Explanation: due to the fact that it shows how many students graduate and how long it took

In order to find out how many years people take to finish at the higher institutions, the graduation rate is checked.

What is the graduation rate?

This the rate that is used to check if the students that began a course of 4 or 5 years in the university would graduate.

The rate is used to measure the number that finish their study in a timely manner upon the period that they enrolled.

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A public relations team can do which of the following for a person or an organization?

A. Force a person or organization to issue an apology for doing something wrong.
B. Determine whether a person is guilty in the eyes of the public.
C. Build relationships between an organization and the general public.
D. Decide to fire a player or managers after making controversial remarks.

Answers

A public relations team can help a person or an organization to C. Build relationships between an organization and the general public.

A public relations team builds a favorable public image and helps the public perception of an entity or an individual, especially famous persons.

The team does not force a person or organization to issue an apology. It does not determine the guilty person. A public relations team does not decide to fire a player or manager for controversial remarks.

Thus, a public relations team builds favorable relationships between an organization or person and the public.

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A technique that helps employees deal with change that includes them in the decision-making process is ________. A. education and communication B. negotiation C. participation D. coercion

Answers

The act of including employees in business and organization processes which has to do with them is called participation.

Employee participation describes an inclusive manner of running an organization, whereby Decison making concerning employees is an inclusive process.

In this techniques, employees which are meant to witness changes in their roles or designation, are included as part of the Decison making process.

Hence, it is called employee participation.

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Participation can be described as the technique that helps employees to deal with changes that includes them in the decision making process.

Participation is the only option that makes sense out of these groups of options in this multiple choice question.

Participation implies that these employees have been made to be a part of the decision making process that is going on in the organization.

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According to the authors of your text, women in leadership positions are in a double bind: If they conform to social expectations about how to behave and are warm and communal, they may be seen as having low leadership potential; then, when they are given the opportunity to lead and they __________, they are perceived negatively.

Answers

act in agentic, assertive ways

Marketing logistics includes all of the following EXCEPT ________. reverse logistics inbound logistics producer-centered logistics customer-centered logistics outbound logistics

Answers

Answer:

producer-centered logistics

Explanation:

When it comes to marketing, consumers and customers always come first. There isn't such thing as producer-centered logistics (not that i know of at least) because the producers need to focus on the business and customers not themselves.

Producer-centered logistics

The following information should be considered:

A firm has three major types of logistics :

 Inbound: It have the raw materials coming in from the vendors. Outbound: The goods are sent to the distributors to be shipped to the customers. Reverse: when a customer returns a defective product, in the case when it is returned to the place of origin so we called  as reverse logistics.

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Which institutions monitors the monetary policies of member nations to ensure a global monetary system that works best for all nations

Answers

Answer: International Monetary Fund

Explanation:

Answer: International Monetary Fund

Explanation: Hope this helps

n the _____ managerial style, presidents place themselves on top of a highly emphasized and formal hierarchical structure for organizing the policy process.

Answers

Considering the management theory, in the Autocratic Managerial Style, presidents place themselves on top of a highly emphasized and formal hierarchical structure for organizing the policy process.

The Autocratic Managerial Style is sometimes referred to as the Coercive Management Style.

It involves the top managers like the firm's President using a one-way management procedure to discharge their duties.

Usually, the President emphasizes his top position role, and the company is well organized with little or no chance for creativity or innovative thinking.

Some other types of managerial styles include:

Democratic Managerial style;Laissez-faire Managerial Style;Persuasive Managerial Style.

Hence, in this case, it is concluded that the correct answer is "Autocratic Managerial Style."

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which theory of economics believes the only way to increase economy growth is to remove regulations and lower taxes?

Answers

Answer: Supply Side Theory.

In which career might it be beneficial to pass a self-defense course?


therapist and treatment specialist

child care provider

interviewer

management

Answers

Therapist and treatment specialist. They deal with people from all walks of life everyday. From people with depression to full on murderers, so one must prepare just in case one of their patients lash out at them.

A Self-defense course will be beneficial for the career of a therapist and treatment specialist. Thus, option A is correct.

What is the importance of a self-defense program?

A self-defense program helps an individual to learn skills and techniques to make themselves safe from dangerous situations. This will help individual to prevent risky moments and face challenges and safeguard themselves.

The therapist and treatment specialist will get benefit from the self-defense program because they have to deal with people of different personalities and helps them. They can be people from criminal backgrounds or aggressive behavior.

Therefore, option A therapists should learn self-defense techniques to make themselves safe from threatening situations.

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#SPJ2

kellogg’s froot loops, general mills’ chex, and post honey bunches of oats are all examples of:

Answers

Answer:product brands

Explanation:

In addition to sales, CRM, and SCM, the modules in an ERP system support business activities such as _____________.

Answers

The modules in the ERP system support business activities such as product planning, manufacturing, purchasing, inventory control, distribution etc

The ERP mean Enterprise Resource Planning.

An Enterprise Resource Planning is a software/system used to plan or manage daily activities including

supply chainmanufacturingservicesfinancialsprocesses

An Enterprise Resource Planning modules includes

ProcurementFinance and AccountingHuman Capital ManagementManufacturing etc

Hence, the modules in the ERP system support business activities such as product planning, manufacturing, purchasing, inventory control, distribution etc

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