True or False. "Paying good wages and keeping your people working for you is good business...Imagine that you have 120,000 loyal ambassadors out there who are constantly saying good things about Costco. It has to be a significant advantage for you."

Because it is referring to effiency wages. Efficiency wages are points to incentive for managers to pay their employees more than the market clearing wage in order to increase their productivity or efficiency. It is a way to estimulate the worker to work harder.

Answer Link

True or False. ​"Paying good wages and keeping your people working for you is good business...Imagine that you have​ 120,000 loyal ambassadors out there who are constantly saying good things about Costco. It has to be a significant advantage for​ you."

Respuesta :

Otras preguntas

True or False. "Paying good wages and keeping your people working for you is good business...Imagine that you have 120,000 loyal ambassadors out there who are constantly saying good things about Costco. It has to be a significant advantage for you."