All of the Following Are Ways That Employers Use Team

question 34

Multiple Choice

All of the following are ways that employers use team or group incentive plans except

• A)setting work standards for each member of the group and maintaining a count of the output of each member.
• B)setting a standard that all members receive payment equal to the 75th percentile of the group as a whole.
• C)broad criteria such as total labour-hours per final product.
• D)setting a production standard based on the final output of the group as a whole.
• E)choosing a measurable definition of group performance or productivity that the group can control.

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Definitions:

Overages

Extra charges incurred when a project goes over its budget, often applied in construction, film production, or retail leasing contexts.

Underages

Instances where the quantity or amount of something is less than what is expected, required, or legally necessary.

Personal Property Security Act

Legislation that governs the creation and registration of security interests in personal property to secure payment or performance of an obligation.

Repossessed

The act of taking back goods or property by a seller or lender from the buyer or borrower due to non-compliance with the terms of the sale or loan.