When Rewarding Employees

question 1

Multiple Choice

When rewarding employees:

• A) allow employees to suggest rewards.
• B) don't let employees know what the reward is ahead of time.
• C) make the goal in reach of the high achievers.
• D) allow only the employees who are getting the award to select it.
• E) Both a and b

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Definitions:

Demand-Oriented

An approach focused on meeting customer demand, often involving strategies that adjust production and pricing based on consumer needs and preferences.

Geographical Adjustments

Modifications or variations to strategies, products, or promotions to accommodate differences in geographic regions or markets.

Cumulative Quantity Discounts

Price reductions applied to purchases over time, rewarding customers for buying larger quantities or for repeat business.

Promotional Allowances

Discounts or financial incentives offered to retailers or distributors to encourage the promotion or sale of a product.