When Workers Are a Part of a Team Their Compensation

question 179

Multiple Choice

When workers are a part of a team their compensation should be:

• A)based strictly on the achievements of their team in order to encourage teamwork and cooperation.
• B)based strictly on their individual performance in order to encourage each worker to exert his or her maximum effort.
• C)a stated wage or salary that is not based on either team or individual performance,because it is very difficult to measure individual performance in a team environment.
• D)based on team performance,with additional rewards for those workers who make outstanding individual contributions.

---

Definitions:

Chicago Mercantile Exchange

A global marketplace for trading futures and options across various asset classes, such as agricultural products, currencies, and interest rates.

Chicago Board Of Trade

A leading platform for the trading of futures and options related to agricultural commodities, financial products, and other assets.

Futures Exchanges

Futures exchanges are marketplaces where futures contracts and options on futures contracts are traded, facilitating the buying and selling of financial instruments and commodities with future delivery dates.

Interest Rate Swaps

Financial derivatives contracts in which two parties exchange interest rate payments, typically one fixed rate for one floating rate, on a specific nominal amount.