Companies Often Find It to Be More Profitable to Use

question 103

Essay

Companies often find it to be more profitable to use a commission or piece-rate system of compensation rather than a salary system, yet many firms continue to pay their workers' salaries.List three reasons why a firm would choose a salary system of compensation.

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Definitions:

Phosphorylated

Describes a molecule that has undergone the addition of a phosphate group, a change that can alter the molecule's function and activity in biological processes.

ATP

Adenosine Triphosphate, a molecule that stores and transports chemical energy within cells.

ADP

Adenosine Diphosphate, a compound involved in energy transfer within cells, produced through the breakdown of ATP (Adenosine Triphosphate).

Isotonic Solution

A solution that has the same osmotic pressure as the fluid in a cell, leading to no net movement of water into or out of the cell.