Connecting Rewards to Organizational Performance Ensures

question 75

Multiple Choice

Connecting rewards to organizational performance ensures

• A)higher labor costs.
• B)fairness and tends to focus employees on the organization.
• C)competitive wages for employees.
• D)higher employee turnover.

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Definitions:

Compensation Plan

A structured policy designed by businesses to remunerate its employees, which can include salaries, wages, bonuses, and commissions.

Supply Chain Coordination

The practices and processes aimed at integrating activities and optimizing efficiencies across the supply chain to better serve the end customer.

Sell-Through

The percentage of units sold versus the number of units that were available to be sold, typically used to evaluate the demand and success of a product.

Sell-In

The process of selling products to retailers or distributors, as opposed to the final consumer.