Organizations That Link Extrinsic Rewards to Employee Performance (I

question 56

Multiple Choice

Organizations that link extrinsic rewards to employee performance (i.e.that use incentive compensation plans) find that ________.

• A) turnover of high performers decreases and turnover of low performers increases
• B) turnover is increased across the board
• C) turnover is decreased across the board
• D) turnover rates are largely unaffected

Understand the economic impact of stress-related absences and measures for their reduction.

Recognize health hazards categorized by physical, biological, and chemical agents.

Describe the components and importance of health and safety audits in the workplace.

Identify work-related factors associated with mental health issues and their mitigation.

---

Definitions:

Factors Of Production

The resources used to create goods or services, typically categorized into land, labor, capital, and sometimes entrepreneurship.

Short-Run

A time period in economics during which at least one input, such as plant size, is fixed and cannot be altered by a firm to respond to market changes.

Total Economic Cost

The sum of explicit and implicit costs, representing the total expense associated with producing a good or service.

Total Revenue

The overall amount of money generated by a business from its activities, such as sales of goods or services, before any expenses are subtracted.