When an Organization's Performance Has Frequent Highs and Lows, but Individual

question 37

Multiple Choice

When an organization's performance has frequent highs and lows, but individual performance is fairly stable, and performance measures are clear, the most effective compensation mix is to offer _____.

• A)a base pay with low incentives and a variety of rewards
• B)monetary rewards with large incentives
• C)a large base pay and low-incentive pay
• D)a wide range of rewards and significant incentives

Explain the concept of value added by a firm and its significance in GDP calculation.

Differentiate between injections and leakages in the circular flow model and their impacts on GDP.

Interpret the effects of external trade activities and government transactions on GDP.

Analyze the relationship between GDP measurement and social welfare indicators.

---

Definitions:

Encephalitis

An inflammation of the brain, often caused by an infection, leading to symptoms such as fever, confusion, seizures, and headaches.

Special Education

An approach to educating children with intellectual disability in which they are grouped together and given a separate, specially designed education.

Low-IQ Children

Children who score significantly below the average range on standardized intelligence testing, potentially impacting their learning and development.

Public School

In many countries, a government-funded school that provides education to the public without charge. In other contexts, such as the UK, it refers to a historically prestigious, privately funded school.