The Concept That an Organism Is Motivated to Act Because

question 136

Multiple Choice

The concept that an organism is motivated to act because its body is in a state of need is based on the __________ theory.

• A) incentive
• B) affiliation
• C) drive-reduction
• D) instinct

Understand the importance and characteristics of operational excellence in firms.

Differentiate between goals and objectives in marketing strategies.

Recognize aggressive marketing strategies and how they apply to companies like Google.

Comprehend the concept and application of SWOT analysis.

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Definitions:

Internal Equity

The principle of ensuring that employees who perform similar jobs or have comparable skills and responsibilities within an organization are paid equitably.

Competency-Based Pay

A compensation system that rewards employees based on their skills, knowledge, and performance rather than their job title or position.

Skilled-Based Pay

A compensation strategy where employees are paid based on their skills, certifications, or knowledge, rather than their job title or position.

Incentive Pay

A form of compensation designed to reward employees for achieving performance targets or completing specific objectives.