According to Davis and Moore, a System of Unequal Rewards

question 72

Multiple Choice

According to Davis and Moore, a system of unequal rewards increases productivity by

• A) encouraging people to want an important job.
• B) motivating people to work longer, harder, or better.
• C) encouraging people to gain the schooling and skills needed to perform more important jobs.
• D) making people afraid to fail in their occupational endeavours.

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Definitions:

Total Contribution Margin

The total amount of revenue remaining after all variable costs have been subtracted, indicating how much revenue is available to cover fixed costs and generate profit.

Sales Volume

The quantity of goods or services sold within a specific period.

Break-even Point

is the level of sales at which total revenue equals total costs, resulting in neither profit nor loss for the business.

Variable Expenses

Expenses that change in proportion with the level of business activity or output.