Benefits and Services Are Referred to as Indirect Compensation for Which

question 20

Multiple Choice

Benefits and services are referred to as indirect compensation for which of the following reasons?

• A) they are based on critical job factors or performance
• B) they do not appear on employees' paycheques
• C) they strive to achieve internal equity with no monetary reward
• D) they are usually extended as a condition of employment rather than directly related to performance
• E) they can extend to other family members

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Definitions:

Low-quality Goods

Products that do not meet the expected standards of durability, performance, or satisfaction.

Advertisements

Messages aimed at influencing the attitudes or behaviors of people, usually for the purpose of selling products or services.

Information Omission

Occurs when crucial details are left out of a communication, potentially leading to misinterpretation or a lack of understanding.

Adverse Selection

A situation where asymmetric information leads to the selection of undesirable alternatives in transactions.