The customers and employees should be treated with respect, that all business should be carried out in accordance with all applicable laws, and that any violation of tri-state's ethical guidelines is cause for disciplinary action. The best criticism of this code of ethics is profession.
The code of ethics is the sets an organizations ethical guidelines and practices to follow for honestly, integrity and professionalism in the workplace.
The code of ethics provides a common collection of rules and guidelines about the profession to adhere to. I t provides the legal standard for the profession.
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In a free market economy, firms operating in a perfectly competitive industry are said to have only one major choice to make. Which of the following correctly sets out that choice?
In a free market economy, firms operating in a perfectly competitive industry are said to have only one major choice to make. It is what quantity to produce.
Let's think about the first issue: which goods should be produced, and in what quantities?
Producing goods that do not have strong market demand would be counterproductive. To ensure that the markets are cleared, only those commodities with positive prices should be produced.
A commodity's production volume is determined at the point where supply and demand are equal. The market will be out of equilibrium and prices will change if the quality of the product is more or less.
Therefore, it becomes vital to equalize supply and demand in order to maintain a steady equilibrium price. Each commodity is covered by this rule. The initial key issue is resolved in this manner.
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An agent is registered with XYZ Discount Brokers, a wholly owned subsidiary of the XYZ Bank Holding Company. The holding
company also owns XYZ Capital Markets, a full service broker-dealer. Under the provisions of the Uniform Securities Act, this agent
would be permitted to split commissions
Only agents registered with their broker-dealer or connected broker-dealers that have common control are allowed to split commissions. Since XYZ Capital Markets and their representatives are linked businesses, commission sharing is legal.
What do you mean by Broker?A broker is a person or business that stands between a potential investor and a securities exchange. A company serving as a customer's agent and receiving payment from the customer in the form of a commission is known as a broker.
A starting point for state-level securities regulation is the model statute known as the Uniform Securities Act. The Securities and Exchange Commission (SEC) needs assistance with enforcement and regulation, thus the Uniform Securities Act was created to address securities fraud at the state level.
In order to enforce securities laws and regulate transactions, the Act works in concert with the Securities and Exchange Commission's (SEC) rules.
Therefore, To split commissions, an agent must be registered with their broker-dealer or affiliated broker-dealers with shared control. Commission sharing is authorized because XYZ Capital Markets and their reps are affiliated firms.
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in a pro versus con analysis comparing functional and divisional structures, a key pro for the functional structure is:
An important positive for the divisional structure in a pro vs. con analysis contrasting functional and divisional structures is the simplicity of comparison.
Making decisions that are objective and well-thought-out may be done quickly and easily by weighing the pros and drawbacks. You can weigh your options more thoroughly by quantifying them. List all potential advantages of the course of action in the "Pros" column, and all potential drawbacks in the "Cons" column.
A technique for examining an option or decision to ascertain the risk/reward of the choice is pros and cons analysis. When evaluating numerous possibilities, pros and cons might be used. An important positive for the divisional structure in a pro vs. con analysis contrasting functional and divisional structures is the simplicity of comparison.
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Sandspring Resorts manufactures pool supplies. Ladders and diving boards are produced locally and sold online. Based on the information listed below, what is the contribution margin ratio for ladders and diving boards?Ladders Diving BoardsSales price$1,500$100Less: Variable expenses($1,000)($60)Contribution margin$500$40Contribution margin ratio:Ladders:$?Diving Boards:?The contribution margin ratio for ladders and diving boards is 33.33%; 40%.Ladders: $500 / $1,500 = 33.33%Diving boards: $40 / $100 = 40%33.33%; 40%
the ladder and diving board contribution margin ratio based on the information below: Sales price for ladders and diving boards: $1,500 $100.
How much of a contribution margin do ladders and diving boards make up?Ladders and diving boards have a contribution margin ratio of 33.33% and 40%, respectively. A diagnostic device that is currently being used in the manufacturing process may need to be replaced by Rachel's Automotive Service.
Which of the following claims regarding fixed and variable costs as they relate to relevance is accurate?Variable costs are constant per unit, but fixed costs are constant overall. Despite changes in production, fixed costs stay constant overall, while variable costs are fixed at the individual unit level.
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under which of the following circumstances does nasaa allow an investment adviser to charge performance-based fees? the client must initially have $1.1 million under management or a net worth in excess of $2.2 million. compensation paid in this way must be for gains reduced by losses. disclosure must be made that the fee arrangement may create an incentive for the investment adviser to make investments that are riskier or more speculative than would be the case in the absence of a performance fee.
All of the statements are correct about performance-based fees in NASAA.
When circumstances does NASAA allow an investment adviser to charge performance-based fees?The NASAA Model Rule permits performance-based fees if the client has at least $1 million in assets under management or a net worth of $2.1 million provided the compensation is based on gains and losses. Unlike the Investment Advisers Act of 1940, under the NASAA Model Rule, state covered Advisers must make additional disclosures, including the incentive to take additional risk.
What Is the North American Securities Administrators Association (NASAA)?Investor protection is a goal of the North American Securities Administrators Association (NASAA), a group of securities regulators. As part of a complementary regulatory structure that operates at the federal, state/provincial, and industry levels, the 67 securities administrators who make up its membership endeavor to protect clients of investment advice or securities. The organization was founded in 1919 in the U.S. state of Kansas.
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Complete question:Under which of the following circumstances does NASAA allow an investment adviser to charge performance-based fees?
i. The client must initially have $1 million under management or a net worth of $2.1 million.
ii. Compensation paid in this way must be for gains reduced by losses.
iii. Disclosure must be made that the fee arrangement may create an incentive for the investment adviser to make investments that are riskier or more speculative than would be the case in the absence of a performance fee.
the owner of a clothing store records the following information for each transaction made at the store during a 7-day period.
From the question so the following statement that is true: the total number of items purchased on a given day can be determined by looking up data for all transactions that occurred on a given day and summing the number of items purchased for each matching transaction.
What is data collected transaction?Background data collection allows you to collect quality results for context items without going to the Enter Quality Results window. Transaction data is information captured from a transaction. The time of the transaction, the location where the transaction took place, the price of the goods purchased, the payment method used, discounts and other quantities and qualities associated with the transaction are recorded.
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knockoff brands (like you might find after the sun goes down in big cities around the world) are copies of national brand-name goods
Knockoff brands (like you might find after the sun goes down in big cities around the world) illegal are copies of national brand-name goods.
Knockoff brands are illegal, because they are often made with inferior materials and craftsmanship, and they infringe on the intellectual property rights of the original brand-name products. In some cases, the knockoff products may also pose a health or safety risk to consumers due to the lack of quality control and testing.
Negative impact of copy brands on consumersCurrently, the market is flooded with these copy brands, which can have a negative impact on consumers. These copy brands are often cheaper than the original brands, which can entice consumers to buy these products. However, by purchasing these copy brands, consumers are not getting the same levels of quality and safety as with the original products. In addition, buying these copy brands can undermine the reputation of the original brands and further harm consumers.
It is important that consumers are aware of the risks posed by these copy brands and avoid purchasing products from these brands. Consumers should seek product quality and safety information before purchasing to ensure they are getting quality products.
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The theory of comparative advantage shows that the gains from international trade do not just result from the absolute advantage of producing at lower cost, but also from pursuing comparative advantage and producing at a lower ________________.
A. opportunity cost
B. absolute cost
C. relative cost
D. comparative cost
The theory of comparative advantage in international trade do not just result from the absolute benefit of producing at lower cost, but also from pursuing comparative advantage and producing at a lower opportunity cost. Thus, option (a) is correct.
What is trade?Trade is a term used to describe economic activities. Trade is the term used to describe the purchasing and selling of goods and services. Trade can take many various forms, including both domestic and international trade.
According to the comparative advantage of international trade on the absolute advantage of reduced production costs to larger profits. The potential profit lost due to a missed chance is the "opportunity cost" of selecting one course of action over another.
As a result, the principle of competitive advantages and producing at a reduced opportunity cost. Therefore, option (a) is correct.
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Question 34 (2.5 points) When dealing with a project with nonconventional cash flows, which one of the following capital budgeting criteria would most likely lead to the correct decision? A) The IRR rule OB) The NPV rule OC) The payback period rule D) The discounted payback period rule
When dealing with a project with nonconventional cash flows, The NPV rule capital budgeting criteria would most likely lead to the correct decision.
The NPV (Net Present Value) rule is best suited for dealing with projects with nonconventional cash flows because it takes into account the time value of money and the risk associated with the project.
The NPV rule states that a project should be accepted if its NPV is positive and rejected if its NPV is negative. This helps to ensure that the project is creating value for the firm and that the expected returns are greater than the associated risks.
The correct answer is B) The NPV rule.
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in using the product cost method of applying the cost-plus approach to product pricing, selling expenses, administrative expenses, and profit are covered in the markup
in using the product cost method of applying the cost-plus approach to product pricing, selling expenses, administrative expenses, and profit are covered in the markup total selling and administrative expenses plus desired profit.
profitProfit is defined as the financial advantage obtained when the income generated by a commercial activity exceeds the expenses, costs, and taxes associated with the activity in question.
Profits are returned to business owners, who can choose to pocket the money, distribute it to shareholders as dividends, or reinvest it back into the company.
Entire revenue less total costs equals profit.
Companies report gross profit, operational profit, and net profit for accounting purposes (the "bottom line"). Profit is the money a company makes after deducting all expenditures. Whether it's a lemonade stand or a publicly listed multinational corporation, the basic purpose of every business is to make money, hence business performance is dependent on profitability in all of its manifestations.
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the demand for product x is highly inelastic and the supply of product x is highly elastic. the burden of an excise tax on product x will be borne: group of answer choices by the workers that manufactured product x. by a 50-50 split between the buyers and sellers of product x. primarily by the sellers of product x. primarily by the buyers of product x.
The demand for product x is highly inelastic and the supply of product x is highly elastic. The burden of an excise tax on product x will be borne primarily by the buyers of product x. Thus, option (d) is correct.
What is product?The thing being sold is called a “product.” A product and service market foundation. Items are divided into two categories: industrial products and consumer products.
The country's economy was based on demand and supply. Product x has a highly inelastic demand and a highly elastic supply. The buyer bears the cost of the excise tax on product x.
Therefore, option (d) is correct.
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this year, ghj, incorporated received the following dividends: bp, incorporated (a taxable california corporation in which ghj holds a 2% stock interest)$ 17,300 mn, incorporated (a taxable florida corporation in which ghj holds a 52% stock interest)80,800 ab, incorporated (a taxable french corporation in which ghj holds a 21% stock interest)17,300
BP: 17300*50%= 8650
MN: 80800*65%= 52520
AB: 17300* 100%= 17300
total dividends-received deduction=78470
What does "good in stock rate" mean?Most investors consider an average annual rate of return of 10% or higher to be a good ROI for long-term stock market investments.
In France, how are businesses taxed?The corporate tax rate in France has been declining over time. The standard rate in 2021 was 26.5%, and businesses with profits of more than €500,000 had to pay a higher rate of 27.5%. But starting in 2022, businesses will be subject to a flat corporate tax rate of 25%, regardless of their profits.
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consider two central banks: one with a history of maintaining price stability and low inflation, and the other with a history of high inflation and poor inflation management. all else equal, if the same level of government budget deficit is monetized in both countries, how is inflation likely to behave in each country? mishkin, frederic s. economics of money, banking and financial markets, the (what's new in economics) (p. 477). pearson education. kindle edition.
In a country where price stability and low inflation takes place, the monetization of the budget deficit will increase the money supply and it will boost consumption and investment spending.
It will increase the price level, but it will be under control and it will work in favor of economic growth. Hence, AD will increase, new jobs will be created and inflation will increase, but it will be within the target inflation rate in the economy.
In a country where the high inflation is already there, then the further monetization budget deficit, will cause further increase in price level and it will be causing a decrease in purchasing power of the people. It will make them go for higher wages and cost push inflation takes place. It will make SRAS to move to the left. Then, economy will suffer with high inflation, higher unemployment and lower demand.
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A firm's cost of debt can be _____.
estimated easier than its cost of equity
obtained by talking to investment bankers
calculated using the dividend growth model
obtained by checking yields on publicly traded bonds.
A firm's cost of debt can be
estimated easier than its cost of equity
obtained by talking to investment bankers
obtained by checking yields on publicly traded bonds.
What is cost of debt?The effective interest rate that a business pays on its debts, such as bonds and loans, is known as the cost of debt. The cost of debt may be expressed as either the before-tax cost of debt, which is the amount owed by the business before taxes, or the after-tax cost of debt.
The annual interest rate on the funds a business borrows, or the total amount of interest a firm will pay to borrow, determines the cost of debt for that business.
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in deciding the false advertising suit brought by pom wonderful against coca-cola, the supreme court held that_____
Even when the labeling complied with the Food and Drug Administration's basic content criteria, false and deceptive labeling could give rise to legal action.
Whenever it concerns product traceability, labeling is crucial. In the event of a product recall or customer inquiry, accurate labeling enables the separation of defective parts and aids manufacturers in tracing the origin of serial numbers.
Labels can (and should!) be found on supplies, components, and finished goods throughout the manufacturing and logistics ecosystem, not to mention the cartons, pallets, and shipping containers those items are moved in. Labels can be printed directly onto an object or container or affixed to them via glue or a tag. They may contain essential information about the product or client data.
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when a deposited check is drawn against another bank, the collection of that check will the reserves and the checkable deposits of the bank from which it was drawn
The quantity of required reserves that a bank must maintain will decrease when a check is drawn and cleared against it. cash in a vault and deposits at a Federal Reserve Bank.
Rarely was paper money in the form of gold reserves exchanged for gold. Technically speaking, a demand deposit account is said to have checkable deposits if bank checks or draughts of any kind can be written on it. Personal checks are typically processed within two business days, although certain accounts may take up to seven. For government checks, cashier's checks, and checks from the same bank that holds your account, it usually takes one business day.
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a system in its final stages requires corrective maintenance only to keep the system operational. t/f
The statement that a system in its final stages requires corrective maintenance only to keep the system operational is true.
What is operational system?An operational system can be described as the term thqt is been used in the data warehousing to refer to a system that is used to process the day-to-day transactions of an organization.
It should be noted that the systems are designed in a manner that processing of day-to-day transactions is performed efficiently whereby the integrity of the transactional data is preserved.
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If a firm's market price can't generate enough total revenue to cover their average variable cost, then standard microeconomic theory says the best thing the firm can do at this point is to borrow money from their bank, issue corporate debt bonds to investors, and sell off some of their non-essential assets (i.e. company cars and unused raw land) to raise much-needed money so that they can survive for a few more months.
true
false
The following statement " If a firm's market price can't generate enough total revenue to cover their average variable cost, then standard microeconomic theory says the best thing the firm can do at this point is to borrow money from their bank" is false.
The price that an item or service may now be purchased or sold for is known as the market price. Supply and demand factors influence how much an item or service will cost in the market. The price at which a service or good may currently be acquired is known as the market price. According to economic theory, the forces of supply and demand must combine to create this market price.
A point of convergence between supply and demand for a particular item is the market price. Calculating consumer surpluses, economic surpluses, etc. depends on this factor heavily.
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during recessions group of answer choices a. factories are idle. b. firms may find they are unable to sell all they produce. c. workers are laid off. d. all of the above are correct.
When there is a recession, businesses may find that they cannot sell everything they create, and people may be laid off. As a result, option d) all of the foregoing is accurate.
As a result of the economic downturn and declining income that occurs during a recession, savings and consumption levels also fall. This has an impact on firms, which are forced to reduce production due to the drop in demand, which results in the layoff of people.
Because they either produce at or below capacity, the factories are idle. However during a recession, because there is less of a market for the products, manufacturing companies struggle to sell the goods.
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With the help of a diagram, explain how the monopsonistic demand for labour from powerful employers is likely to affect wages and employment in a labour market where there are no trade unions. (9 marks)
Companies with monopsony power determine compensation practices while keeping in mind that they must raise wages if they wish to hire more employees. As a result, unemployment rises and people earn less than they generate.
What is monopsonistic demand for labor?When there is just one dominant employer in a labor market, it is called a monopsony. This indicates that the company must purchase influence over potential employees. The monopsonist firm in a market with monopsony decides the optimal number of employees to hire by equating its marginal revenue product of labor with its marginal cost of labor, just like any other firm that seeks to maximize profits.
The dominant employer now have the ability to arbitrarily fix wages in the industrial labor market. The labor supply and demand curves intersect when there is monopsony, at both a lower wage and at a lower employment level than would be achieved under equilibrium. The diagram attached will explain this the monopsonistic demand for labor affecting wages and employment.
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According to Penrose, ________ generate new market, product and service ideas, while ________ administer the routine functions of the firm and facilitate the profitable execution of new opportunities.
C) entrepreneurial services, managerial services
Penrose contends that while services manage the regular operations of the company and make it easier to take advantage of new opportunities, they also produce ideas for new markets, products, and services.
What are services?An (intangible) act or use that a customer, business, or government is prepared to pay for is referred to as a service. Barbers, doctors, attorneys, mechanics, banks, insurance businesses, and other professionals are a few examples. Public services are those that are funded by the entire society (a nation-state, fiscal union, or region).
Service providers profit from resources, expertise, innovation, and experience to the benefit of service consumers. Services can be viewed as intangible activities or performances that the service provider offers to the client in exchange for payment.
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John Maynard Keynes believed that the: A) government should actively try to mitigate the effects of recessions by using fiscal and monetary policies. B) government should not interfere with the economy and should let the economy self correct. C) government should only intervene when there is a boom but let the recession run its course. D) government should not use fiscal and monetary policies, as these policies have long term adverse effect on the economy.
Option A is correct. John Maynard Keynes believed that the government should actively try to mitigate the effects of recessions by using fiscal and monetary policies.
The theories of John Maynard Keynes, known as Keynesian economics, revolve around the possibility that state run administrations ought to assume a functioning part in their nations' economies, rather than simply allowing the unregulated economy to rule. In particular, Keynes upheld government spending to relieve slumps in business cycles.
The most essential standard of Keynesian financial matters is that interest — not supply — is the main impetus of an economy. At that point, ordinary monetary insight had the contrary perspective: that supply encourages interest. Since total interest — the absolute spending for and utilization of labor and products by the confidential area and the public authority — drives supply, all out spending decides every single monetary result, from the development of merchandise to the business rate.
One more essential standard of Keynesian economics is that the most ideal way to haul an economy out of a downturn is for the public authority to increment interest by injecting the economy with capital. So, utilization (spending) is the way to monetary recuperation.
These two standards are the premise of Keynes' conviction that request is critical to the point that, regardless of whether an administration needs to stray into the red to spend, it ought to do as such. As per Keynes, the public authority helping the economy in this manner will animate customer interest, which thus spikes production and ensures full employment.
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which of the following are used to document entries made to update the general ledger? group of answer choices general journal subsidiary ledger subsidiary journal journal vouchers
Journal voucher file is used to document entries made to update the general ledger.
So the correct answer is option D.
Each financial transaction is recorded using a journal voucher in the company's books. It contains all necessary details, such as the transaction's identification number, date, description of the business transaction, amount, and any applicable taxes, as well as the maker's and authorised person's signatures and references to other supporting documentation. It also contains the transaction's amount and any applicable taxes. Every transaction needs some kind of fundamental physical backup. The only component of the physical backup is the journal voucher, a written record.
As proof, the details and the real invoice are given. The real invoice is provided by the third party. A voucher serves as the foundation for recording a financial transaction in an organization's books of accounts.
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Jonie is a sales agent for Best Realty representing Bar None, Inc. in the sale of a large ranch to XLT, Inc. Jonie's firm also represents XLT under a buyer representation agreement. Best represented Bar None when it first purchased the ranch. Both parties have agreed to Best acting as intermediary in the transaction, but there will be no appointments, and Jonie will work with both parties. What is Jonie's duty to Bar None regarding disclosure of information related to Bar None's original purchase of the ranch?
Jonie may disclose Bar None's confidential information only with Bar None's consent.
Any information classified as "Confidential," "Proprietary," or another similar designation that is communicated by one party to the other, directly or indirectly, in writing, verbally, or through inspection of tangible items, is considered confidential information. If information is confirmed in writing as being confidential within ten business days of the initial disclosure, it will be deemed to have been transmitted orally and will be treated as such. Information that third parties have divulged to a disclosing party may likewise be considered confidential information. There are three basic types of secret information: managerial, employee, and business information. As stated in the subcategories below, it is crucial to keep personal information private. lists of customers Your customer list could be stolen from you if someone gets a hold of it.
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You want to create a portfolio equally as risky as the market, and you have $1,100,000 to invest. Consider the following information:
Asset Investment Beta
Stock A $ 275,000 0.70
Stock B $ 165,000 1.10
Stock C 1.55
Risk-free asset What is the investment in Stock C?
What is the investment in risk-free asset?
The investment in Stock C by the investor is $709,677.42.
What is an investment?An investment is a purchase undertaken with the hope of profiting financially or popularly. An economic outlook describes an investment as the purchase of goods that will be utilized to generate value in the future rather than being consumed right immediately. When a financial asset is bought with the hope that it will boost earnings or be sold for a profit in the future, it is considered a financial investment. In an economy, when machines are made in a given year, they are not "used up" to manufacture other things but rather continue to supply services over time. The market rate of interest has a significant impact on the investment decisions that businesses make, including whether to buy new gear.
Investment=1100000/1.55= $709,677.42
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which of the following is true of the findings of the 2006 Texas comptroller report on the financial effect of undocumented immigrants in Texas? 4 Multiple Choice 03:48:27 It found that state revenue from undocumented immigrants outweighed costs, not including education costs for the children of immigrants 0 0 State government services spent on undocumented immigrants outweighs the revenue generated from that population through sales taxes and other fees 0 C ) The state costs of providing services for undocumented immigrants for outweighs the burden on local governments 0 it found that state revenue from undocumented immigrants outweighed costs, including education costs for the children of immigrants
It located that kingdom revenue from undocumented immigrants outweighed costs, now not inclusive of education costs for the youth of immigrants.
What does the Texas Comptroller do ?The comptroller is the chief tax collector and chief audit accounting officer in the Texas Government. He manages state deposits and investments and can pay warrant on the states accounts. His most important obligation is to certify the state's approximate biennial revenue.
What is the main reason that deportations in Texas are on the rise? President Trump signed an government order increasing the Immigration and Customs Enforcement (ICE) Agency focus to any immigrant in the United States, no longer simply these convicted of serious crimes.
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https://brainly.com/question/18964461#SPJ4which of these is a disadvantage associated with personal selling? multiple choice a salesperson cannot control to whom a presentation is made. there may be inconsistency in the presentation of the message from one salesperson to another. personal selling is subject to extensive federal, state, and company regulation. personal selling permits too much wasted coverage. presentations often provide little opportunity for consumer feedback.
There may be inconsistency in the presentation of the message from one salesperson to another is a disadvantage associated with personal selling.
Personal selling commonly referred to as face-to-face selling, is a sales technique where a single salesperson tries to persuade a consumer to purchase a product. It is a type of advertising where the salesman employs their knowledge and talents in an effort to close a deal.
Given that they place a strong emphasis on a personalized approach to sales, personal selling methods are crucial in building relationships with customers. Personal selling techniques are employed by sales teams or business owners to clarify the advantages of a good or service, respond to clients' inquiries, and allay their worries.
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Alice rented her personal residence for 12 days to summer vacationers for $3,400. She has AGI of $91,000 before the rental income. Related expenses for the year include the following:
Real Property taxes $3,640
Utilities 5,250
Insurance 600
Mortgage interest 6,400
Repairs 520
Depreciation 12,000
a) What is the net rental income includible in AGI?
b) Is mortgage interest and property taxes deductible on Schedule A?
Answer: $95,000
Rental income
Rental income is the income received from the property which is given on rent by the owner of the property, rental income is also a taxable income. It is a part of the income from house property.
A)
Gross Receipts $ 3400
Less: Property Tax (3640*12/365) - $ 119.67
$ 3280.33
B) Mortgage interest will not be deductible.
Adjusted gross income(AGI) is the income that is calculated after deducting all the line deduction items that are included in form 1040. It is used to calculate the net income tax due.
The rental income earned by Lupe's on her personal residence amounting to $3,800 shall not be included for the purpose of calculating AGI and therefore all the expenses mentioned in the question regarding the Lupe's personal residence shall not be considered for calculating AGI and hence the Lupe's AGI will be $95,000.
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he ushered in an era of a much more active federal government that followed keynesian economic theory
Internal monthly magazine at the cosmetics firm Mary Kay provides an outlet for not only selling advice buy also company wide recognition of individual salespeople's accomplishments.
Should have high symbolic value, as plaques, pens, or rings do. Free trips or days off are also effective rewards. More important than what the reward is, however, is the way it is operationalized. For instance, an award should be given at a sales meeting and publicized in the company newsletter.
Nonfinancial rewards
Based on the provided information, the internal monthly magazine and blog at the cosmetics form Mary Kay serve as non-financial rewards for employees. (Option A)
Non-financial rewards or incentives refer to the form of rewards that are not a part of an employee’s pay. It is the type of reward for performance which cannot be measured in terms of money. Generally, the cost associated with such rewards for the company is little to none, however, they carry significant weight. In a work environment, research has shown that all the needs of employees are not satisfied by money only and psychological, social, and emotional factors also play an important role in providing motivation at workplace. Non-financial rewards are effective ways to boost overall morale and encourage commitment which translates to higher productivity. Examples of non-financial rewards include extra days off, flexible working hours, gym memberships, and as in this case public recognition of salespeople’s accomplishments.
Note: The question is incomplete. The complete question probably is: The internal monthly magazine and blog at the cosmetics form Mary Kay serve as __________ for employees; the magazine and blog are outlets for not only selling advice but also company-wide recognition of individual salespeople's accomplishments. A) nonfinancial rewards B) financial rewards C) bonuses D) salary increases E) commissions.
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