All of the Following Are Elements of an Effective Employee

question 130

Multiple Choice

All of the following are elements of an effective employee reward system except

• A) enabling employees to satisfy basic needs.
• B) providing competitive rewards.
• C) distributing rewards fairly in the organisation.
• D) recognising that different people have different needs.
• E) maximising the amount of money spent on employee compensation.

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Definitions:

Olive Oil

A liquid fat obtained from olives, a traditional tree crop of the Mediterranean Basin, used in cooking, cosmetics, pharmaceuticals, and as a fuel for traditional oil lamps.

Dish Soap

A detergent used for cleaning dishes and utensils, which removes grease and food residues.

Consumer Equilibrium

A state where an individual allocates their income in a way that maximizes their utility, considering the prices of goods and services and their personal preferences.

Indifference Curve

A graphical representation used in microeconomics to show combinations of goods among which a consumer is indifferent, reflecting their preferences.