The Trend in Recent Variable-Pay Design Is to Combine the Best

question 32

Multiple Choice

The trend in recent variable-pay design is to combine the best of _____ and _____ plans.

• A)individual; group
• B)gain-sharing; profit-sharing
• C)Halsey 50-50; Rowan
• D)balanced scorecard; cash profit sharing

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Definitions:

Implication

A conclusion that can be drawn from something, although it is not explicitly stated.

Prescription

Legal acquisition of rights through the continuous and habitual exercise of those rights over a lengthy period.

Reservation

The act of keeping something, such as a right or property, specifically withheld or protected from being given up or used.

Lien

A legal right or interest that a lender has in the borrower’s property, granted until a debt owed by the borrower is paid off.