Each Year,Save-A-Lot Market Managers Select Three Employees to Receive a One-Time

question 35

Multiple Choice

Each year,Save-A-Lot Market managers select three employees to receive a one-time reward of $300 for exceeding performance standards.The annual reward has become a highly visible motivational tool within the company.This is an example what type of incentive-pay program?

• A) Insurance benefit
• B) Profit-sharing plan
• C) Bonus
• D) Flexible benefit

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Definitions:

Final Goods And Services

Products that have been processed to their final form and are available for consumption or investment without further modification.

Final Good

A product that is consumed by the end user and does not require any further processing or manufacturing.

Real GDP

Gross Domestic Product adjusted for inflation, representing the value of all goods and services produced by an economy in a given year in constant prices.

Nominal GDP

The gross domestic product measured at current market prices, without adjusting for inflation, representing the value of goods and services produced.