In Which of the Following Situations Are Larger Incentive Components

question 45

Multiple Choice

In which of the following situations are larger incentive components appropriate?

• A)when organizations have a highly variable annual performance and employees have jobs that fluctuate greatly in terms of what's expected of them
• B)when organizations have a stable annual performance and employees have jobs that are fairly stable
• C)when organizations work in an unstable external environment and employees have stable jobs with little fluctuations
• D)when organizations have a stable annual performance and employees have jobs that fluctuate greatly in terms of what's expected of them
• E)organizations have a highly variable annual performance and employees have jobs that are fairly stable

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Definitions:

Jean Baptiste Say

A French economist known for Say's Law, which suggests that supply creates its own demand in the economy.

Supply

The total amount of a specific good or service that is available to consumers in the market at a given time and price.

Demand

Pertains to the desire and capability of consumers to buy products and services at various price points.

Full Employment

A condition in an economy where all accessible labor resources are utilized in the most effective manner.