This Question Contains Two Parts; Be Sure to Answer Both

question 18

Essay

This question contains two parts; be sure to answer both.
First, explain at least four of the six types of compensation plans, giving an example of each.
Next, imagine that you manage a medium-sized office that is trying to increase its profitability by cutting its expenses, such as office supplies, electricity, rent, and telephone bill. Which type of compensation plan would be most motivating to you in this situation? Why?

---

Definitions:

Emotional Intelligence

The ability to perceive emotions accurately in oneself and others and to control and use one’s own emotions constructively.

Replicate

The act of duplicating or copying something.

Different Samples

Groups of subjects or participants selected for research, which may vary across studies in terms of demographics, behaviors, or conditions.

Cultures

The shared values, norms, languages, customs, and practices of groups of people that shape their social behavior and perspectives.