Which of the Following Is Not Characteristic of Time-Based Compensation

question 105

Multiple Choice

Which of the following is not characteristic of time-based compensation plans?

• A)stable labor costs
• B)easier to administer than output-based plans
• C)stable pay for workers
• D)simpler wage computations than output-based plans
• E)lower cost per unit than output-based plans

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Definitions:

Integrative Bargaining

A negotiation strategy where parties collaborate to find mutually beneficial solutions or compromises.

Distributive Bargaining

A negotiation strategy that involves seeking to divide a fixed amount of resources or benefits, often resulting in a win-lose situation.

Fixed Pie

A term often used in negotiations, indicating the belief that the resources or benefits to be divided are limited and static.

Integrative Bargaining

A negotiation strategy in which parties collaborate to find a win-win solution that satisfies the interests of both, often involving creative problem-solving.