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question 139

Multiple Choice

_{114. In general, is most effective for self-managing and self-directing teams performing complex tasks, while}
Works best in relatively stable environments where employees can focus on improving the productivity, cost savings, or quality of their current work system.

• A) skill-based pay; nonfinancial reward
• B) gainsharing; nonfinancial reward
• C) nonfinancial reward; skill-based pay
• D) skill-based pay; gainsharing
• E) gainsharing; skill-based pay

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Definitions:

Interest

The cost of borrowing money, typically expressed as an annual percentage rate, or the income earned from lending funds or making an investment.

Fair Value Hedge

A hedge of the exposure to changes in fair value of a recognized asset or liability, or an unrecognized firm commitment, that is attributable to a particular risk.

Forward Contract

A financial contract obligating the buyer to purchase, and the seller to sell a specific asset at a predetermined future date and price.

Spot Rates

The current market price at which a particular security can be bought or sold for immediate delivery.