Standard hour plans are likely to succeed if:
A. most or all of a salesperson's compensation is in the form of commissions.
B. employers keep labor costs to a minimum.
C. the pay increase is linked to ratings on performance appraisals.
D. employees want the extra money more than they want to work at a pace that feels comfortable.
E. the organization values employee satisfaction and motivation more than profits.
Answer: D. employees want the extra money more than they want to work at a pace that feels comfortable.
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It is generally better to collect primary data before turning to secondary data because of the increased reliability and validity of primary data.
a. true b. false
Use the information from Scenario 8.1 to determine the objective function for this scenario
A) Max Output = + + B) Max Profit = - $5 - $7.5 - $9 - C) Min Cost = $5 + $7.5 + $9 + $2 D) Min Output = +