The Following Are All Elements in a Manager's Compensation Package

question 39

Multiple Choice

The following are all elements in a manager's compensation package except

• A)long-term incentives.
• B)salary.
• C)commission.
• D)short-term incentives.
• E)benefits.

Realize the role of HR in career planning and the positive outcomes for organizational concerns.

Differentiate among cognitive, behavioural, and environmental developmental strategies.

Understand different on-the-job and off-the-job training techniques and their applications.

Recognize the importance and components of career development actions individuals can take.

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Definitions:

Contribution Margin

The sum of money left over after variable costs are subtracted, which is available to pay for fixed costs and add to profit.

Incremental Manufacturing Cost

The additional cost associated with producing one more unit of a product.

Direct Materials

Raw materials that are directly traceable and a major component of a finished product.

Manufacturing Overhead

All indirect costs associated with the production process, including utilities, depreciation, and factory supplies, that are not directly traceable to a product.