Workers at a T-Shirt Shop Are Paid a Sum for Each

question 39

Multiple Choice

Workers at a t-shirt shop are paid a sum for each t-shirt they produce.Which incentive plan is most likely used by the employer?

• A) merit pay
• B) piecework
• C) standard hour
• D) variable pay

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Definitions:

Operating Objectives

Specific, short-term targets set by an organization to guide daily operations and ensure alignment with overall strategic goals.

Strategic Objectives

High-level goals that an organization sets to guide its direction and development, aligning with its mission, vision, and overarching strategies.

Corporate Objectives

The goals or targets that a corporation aims to achieve, which guide its operational and strategic decisions.

Planning Objectives

Goals set during the planning phase that outline the desired outcomes of plans and strategies.