Menthorp Inc

question 28

Multiple Choice

Menthorp Inc.wants to design a variable-pay plan that fosters teamwork and business knowledge of its employees.In order to ensure maximum motivation, Menthorp wants its variable-pay plan to show a clear performance-reward link.Which of the following plans is most suitable for Menthorp?

• A)Gain-sharing plan
• B)Cash profit sharing plan
• C)Stock ownership plan
• D)Stock options plan

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Definitions:

Interpersonal Sensitivity

The ability to perceive and understand the emotions and thoughts of others, enhancing communication and relationships in personal and professional settings.

Communication

The act of exchanging or transmitting information, ideas, or feelings between individuals through spoken words, writings, or other mediums.

Underlying Values

Fundamental beliefs or principles that drive behavior and decision-making processes within individuals or organizations.

Adequate Funding

Sufficient financial resources needed to properly support or sustain a project, initiative, or organization.