Identify an Accurate Statement About the Hybrid Compensation System

question 55

Multiple Choice

Identify an accurate statement about the hybrid compensation system.

• A)An entrepreneur should not differentiate the level of rewards among his employees and should maintain a well-defined structure.
• B)An entrepreneur should provide bonuses in a timely manner that is relevant to the individuals in the firm and within the realities and constraints of the business.
• C)An entrepreneur needs to visualize a quarter as a relevant time frame, whereas workers need to visualize weekly feedback on their performance through a bonus.
• D)An entrepreneur need not consider the industry standards in developing a compensation system.

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Definitions:

Developmentalists

Researchers or theoreticians who study the patterns and processes of growth, change, and stability in behavior throughout a lifespan.

Nativism

The psychological theory that certain abilities or knowledge are innate and not acquired through learning or experience.

Learning Theory

A framework that describes how individuals absorb, process, and retain knowledge or skills through experience, study, or teaching.

Articles and Prepositions

Words used in language to specify grammatical relationships, with articles defining specificity (a, an, the) and prepositions indicating relationships in space and time (in, on, at).