Introducing a New Incentive Plan Early in the Change Implementation

question 31

Multiple Choice

Introducing a new incentive plan early in the change implementation:

• A) risks negative consequences.
• B) can create an immediate, long-lasting effect on behavior.
• C) effectively combines intrinsic and extrinsic motivation.
• D) creates involvement in the change effort.
• E) all of the above

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Definitions:

Job Characteristics

Encompass the attributes, roles, responsibilities, and overall environment of a particular job that influence the job holder's motivation and satisfaction levels.

Human Capital

Human capital refers to the set of skills, knowledge, abilities, and attributes embodied in individuals that can be utilized to create economic value.

Financial Assets

Financial assets are intangible assets representing ownership of value, such as stocks, bonds, or bank deposits.

Compensating Differential

A difference in wage rates designed to offset the desirability or undesirability of a job, based on its non-monetary characteristics.