A Problem with the Hay System of Compensating Workers Is

question 221

Multiple Choice

A problem with the Hay system of compensating workers is that:

• A)it can lead to resentment because more productive employees may earn less than employees who do not perform as well but have worked for the company longer.
• B)it is difficult and expensive to administer because of the extensive paperwork needed to compute wages and salaries each pay period.
• C)the EEOC has declared it illegal because it discriminates against older workers.
• D)because it is relatively new,most workers and managers are unfamiliar with it.

Analyze various market coverage strategies and their fit for specific product types.

Describe buyer requirements and how they influence marketing channel decisions.

Explain the concept and types of channel conflict and their resolution.

Assess the impact of distribution decisions on company profitability and marketing efficiency.

---

Definitions:

Nondeclarative Memory

A type of long-term memory that stores skills, habits, and learned responses that people can perform without conscious awareness.

Infantile Amnesia

The inability of adults to retrieve episodic memories (memories of situations or events) from the first few years of life.

Long-Term Potentiation

A long-lasting enhancement in signal transmission between two neurons that results from stimulating them simultaneously.

Propranolol

A beta-blocker medication used to treat high blood pressure, heart rhythm disorders, and other cardiovascular conditions.