When an Entrepreneur Specifies That Rewards and Bonuses Be Linked

question 3

Multiple Choice

When an entrepreneur specifies that rewards and bonuses be linked to profits and performance of both the individual and the company, a/an ____ is in place. ​

• A)annual bonus
• B)deferred compensation plan
• C)profit sharing plan
• D)common stock plan
• E)capital appreciation plan

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Definitions:

Collective Efficacy

The shared belief in the ability of a group to achieve common objectives and influence outcomes in their community.

Success

Refers to the accomplishment of an aim or purpose.

Equifinality

A principle that a given end state can be reached by many potential means or from different starting points in complex systems.

Systems Theory

A conceptual framework that examines entities as complex systems made up of interrelated components, suggesting that understanding the whole system requires looking at the interconnections and processes within it.