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Change It Pharmaceuticals is lacking in employee motivation. Devon, the CEO believes that his staff just needs a little push by giving them an understanding of the importance of each of their positions to the company while allowing them to also see each of their own direct impact. Each position, from product development to sales, plays a crucial role in Change It Pharmaceuticals. Devon feels that giving timely information regarding their job performance and letting them know the importance of their roles to the company will improve work performance. Devon has focused on which two characteristics of the job characteristic model?
Short-Term Investments
Assets that are expected to be converted into cash, sold, or consumed within one year or one business cycle, whichever is longer.
Non-Interest-Bearing
A financial instrument or account that does not earn interest over time, implying that its value does not increase beyond the principal amount.
Promissory Note
A finance-related written assurance where one party obligates to pay the other a clearly defined monetary amount, either when required or at a particular future time.
Discounted
Refers to the process of determining the present value of a future amount of money or stream of cash flows given a specific rate.
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