World Wide Delivery Service Corporation Develops a Way to Speed

question 82

Multiple Choice

World Wide Delivery Service Corporation develops a way to speed up its deliveries and reduce its costs. What would we expect?

• A) This would raise the demand for existing shares of the stock, causing its price to rise.
• B) This would decrease the demand for existing shares of the stock, causing its price to fall.
• C) This would raise the supply of the existing shares of stock, causing its price to rise.
• D) This would raise the supply of the existing shares of stock, causing its price to fall.

Understand the concept and purpose of incentive pay and how it influences employee behavior.

Identify different types of incentive pay plans such as differential piece rate, standard hour plans, merit pay, and gainsharing.

Recognize the characteristics of well-designed pay plans and how they align with organizational goals.

Understand the importance of fairness and attainability in incentive pay plans.

---

Definitions:

Economic Role

The functions and responsibilities that different entities (individuals, firms, governments) play in the economy.

Government

The governing body of a nation, state, or community which makes and enforces laws, policies, and regulations.

Interest Payments

The amount paid by a borrower to a lender as a charge for the use of borrowed money, typically expressed as an annual percentage of the principal.

National Debt

The total amount of money that a country's government has borrowed, typically as a result of budget deficits, and is yet to repay.