The Giant Company Is Concerned About Controlling Labor Costs While

question 21

Multiple Choice

The Giant Company is concerned about controlling labor costs while encouraging employees to work more efficiently.The Giant Company should adopt a ____ strategy.

• A) productivity-reward
• B) cost-of-living
• C) performance-reward
• D) pay-for-performance
• E) static-salary

---

Definitions:

Interviews And Surveys

Methods of collecting qualitative and quantitative data by asking individuals questions either in-person, over the phone, or through written questionnaires.

Needs Analysis

A process used to identify gaps between current capabilities and desired outcomes, often used in business and educational contexts to guide training and development initiatives.

Training And Development Process

A systematic approach that involves assessing training needs, designing and delivering training programs, and evaluating their effectiveness, aimed at enhancing the capabilities of individuals or teams.

Training Activities

Organized exercises or programs designed to enhance specific skills or knowledge for personal or professional development.