Each Year,Save-A-Lot Market Managers Select Three Employees to Receive a One-Time

question 35

Multiple Choice

Each year,Save-A-Lot Market managers select three employees to receive a one-time reward of $300 for exceeding performance standards.The annual reward has become a highly visible motivational tool within the company.This is an example what type of incentive-pay program?

• A) Insurance benefit
• B) Profit-sharing plan
• C) Bonus
• D) Flexible benefit

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Definitions:

Chunks

In cognitive psychology, chunks refer to units of information grouped together and stored in the memory for easier recall.

Magic Number

Often referencing Miller's law, which suggests the number 7 (plus or minus 2) represents the amount of information a typical human memory can hold in the short term.

Working Memory

A cognitive system responsible for temporarily holding and processing information needed for complex tasks such as learning, reasoning, and comprehension.

Cognitive Processes

Mental processes involved in gaining knowledge and comprehension, including thinking, knowing, remembering, judging, and problem-solving.