The Major Disadvantage of __________________ Is That It Requires Resources

question 15

Multiple Choice

The major disadvantage of __________________ is that it requires resources to coordinate the activities of many specialized people.

• A)Line vs.staff
• B)Span of control
• C)Delegation of authority
• D)Division of labor

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Definitions:

Performance Appraisal System

The formal mechanism through which employee performance is assessed, feedback is provided, and development goals are set.

Gain Sharing

A performance-based compensation strategy where employees receive financial rewards based on improvements in the company's productivity or profitability.

Group Level Organizational Pay

Compensation strategies that are based on the performance or outcomes of a group or team within the organization.

Stock Plan

A company program designed to provide employees with the opportunity to purchase or receive shares in the company, often as part of their compensation.