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Piercing Manufacturing consists of five different levels of its manufacturing plant. Each level has a myriad of tasks that are performed. The company understands how repetitive work could create burnout. In order to motivate its employees, Piercing Manufacturing has adopted the skill-based pay schedule. What are the positives and negatives to using skill-based pay extrinsic rewards in this scenario?
Channel Richness
The degree to which a communication channel conveys information effectively, including verbal, non-verbal, and contextual cues.
Perceived Efficacy
The belief in one's own or a specific method's ability to achieve a goal or produce a desired outcome.
Perceived Risk
The level of risk an individual believes is associated with a specific action or decision, affecting their behavior and choices.
Channel Richness
The ability of a communication channel to effectively convey information, including the extent to which it can handle multiple cues and facilitate rapid feedback.
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