Scenario 9.2 Calendars "R" Us Ltd. Is a Small Firm That Manufactures

question 90

Multiple Choice

Scenario 9.2
Calendars "R" Us Ltd. is a small firm that manufactures yearly calendars with a specific focus on middle and high schools in Alberta. They started operations back in 2006 with just 12 employees, two machines, and a small warehouse that served as an office and production and storage facilities. Today, Calendars "R" Us has roughly 60 employees and supplies its calendars to most middle and high schools in Alberta. When employees join they are paid based on their relationship with the owners. Given the rapid growth in its staff complement, and the arbitrary way in which it normally compensates employees, payroll has proven to be quite a challenge for the company as management looks to expand into other provinces.
-Refer to Scenario 9.2. Setting pay levels at Calendars "R" Us can be limited by all of the following factors EXCEPT which one?

• A) employee expectations and motivation
• B) profitability of the firm
• C) productivity of employees
• D) economic condition and competition

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Definitions:

Alliance for Progress

An initiative launched by President John F. Kennedy in 1961 aimed at establishing economic cooperation between the United States and Latin America to promote developmental and social reform.

Nation Building

The process through which the identity of a nation is constructed or structured, often involving the development of governance, social cohesion, and economic stability.

Monetary Aid

Financial assistance provided by one country or international organization to another, often to support economic development, humanitarian efforts, or to stabilize economies.

Self-interested Elite

This refers to a group of individuals at the top of the social hierarchy who act primarily out of their own interest, often at the expense of the broader society.