To Have Better Safety Records,XYZ Company Gives Monetary Incentive Awards

question 32

Multiple Choice

To have better safety records,XYZ Company gives monetary incentive awards to its workers for lower accident rates due to improper use of heavy equipment.

• A) management incentive plans
• B) referral plans
• C) piecework plans
• D) behavioral encouragement plans

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Definitions:

Poisson Distribution

A probability distribution describing the likelihood of observing a certain number of events within a specified timeframe or area.

Hurricanes

Are intense tropical storms with powerful winds and heavy rain, characterized by a low-pressure center and numerous thunderstorms.

Probability

A measure of the likelihood that a particular event will occur, often expressed as a number between 0 and 1.

Poisson Distribution

A probability distribution that measures the likelihood of a given number of events happening in a fixed interval of time or space.