A Satisfied Workforce Does Not Guarantee Successful Organizational Performance

question 44

Multiple Choice

A satisfied workforce does not guarantee successful organizational performance. In order to improve organizational effectiveness, managers ________.

• A) must formulate strategies to attack and eliminate deviant behaviours
• B) must keep track of absenteeism and turnover among the employees
• C) must make jobs easier and targets achievable
• D) must offer periodic salary increments
• E) must try to improve employee attitudes

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Definitions:

Contribution Format

A type of income statement where costs are categorized based on their variability (variable or fixed), used in managerial accounting.

Sold Units

The number of units of product that have been sold to customers.

Contribution Margin Ratio

The percentage of sales revenue remaining after variable costs are deducted, indicating the portion contributing towards fixed costs and profit.

Contribution Format

An income statement format that separates fixed and variable costs to highlight the contribution margin.