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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