Which of the Following Is NOT an Advantage of an Incentive

question 82

Multiple Choice

Which of the following is NOT an advantage of an incentive pay program?

• A)Incentives focus employee efforts on specific performance targets.
• B)Incentives are a way to increase equity and justice in an organization.
• C)Incentives are a way to distribute success among those not responsible for producing that success.
• D)Incentives are a means to reward or attract top performers when salary budgets are low.

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Definitions:

Random Variation

The unpredictable fluctuations or differences that can occur within any process or set of data due to chance.

Exponential Smoothing

A time series forecasting method for data smoothing using exponential window functions.

Customer Demand

The quantity of products or services that consumers are willing and able to purchase at various prices over a given period of time, influencing production and pricing strategies.

Consensus Forecast

A forecasting method involving the aggregation of predictions from various experts or models, aiming for a more accurate and reliable outcome by considering multiple perspectives.