What Is the Definition of Agency

question 12

Multiple Choice

What is the definition of agency?

• A) having responsibility for someone else's welfare
• B) the ability to think,act,and make independent choices
• C) being part of a formal,institutionalized social structure
• D) the capacity to perceive reality and form opinions

---

Definitions:

Compensation

The total amount of the monetary and non-monetary pay provided to an employee in exchange for work performed.

Reward System

A reward system is a structured plan to provide benefits, both monetary and non-monetary, to employees for their work achievements and performance.

Performance Bonuses

Additional financial rewards given to employees for achieving specific performance targets or exceptional work contributions.

Rewards Provided

The various forms of benefits, compensation, and recognition given to employees in acknowledgment of their work performance and contributions.