According to Research, Which of the Following Best Describes Incentive

question 107

Multiple Choice

According to research, which of the following best describes incentive plans?

• A) They can contribute to organizational performance if certain conditions are met.
• B) They usually improve organizational performance by at least 10 percent.
• C) They usually lead to negative outcomes.
• D) They tend to drive up organizational costs and decrease profits.

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Definitions:

Consideration

In contract law, this refers to something of value that is exchanged between parties as part of an agreement.

Capacity

Capacity refers to the maximum amount of work that an organization is capable of completing in a given period, often determined by the limits of available resources, such as manpower, machinery, or physical space.

Patent Search

A thorough investigation conducted to check if an invention or idea has already been patented by someone else.

Existing Patents

Refers to patents that have already been granted by the patent office, protecting previous inventions or discoveries.