ABC IncIs Concerned About the Work Effort of Its Employees

question 55

Multiple Choice

ABC Inc.is concerned about the work effort of its employees.To minimize this problem,which of the following would be an effective policy for ABC to implement?

• A)Pay the employees a wage in excess of the wage the employees would earn elsewhere.
• B)Secretly install videocameras to monitor employees, and fire employees who shirk their responsibilities.
• C)Eliminate profit-sharing programs since these tend to give employees the incentive to shirk their duties until the year-end bonus is paid.
• D)Both a and b are correct.

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Definitions:

Reverse Innovation

Innovation that comes from lower organizational levels and is found in diverse settings or locations.

Global Firms

Companies that operate and offer products or services in multiple countries across the world, transcending national boundaries.

Foreign Markets

Commercial markets or trading arenas outside a company's country of operation where goods, services, and securities are bought and sold.

Human Sustainability

Practices and initiatives aimed at ensuring the long-term well-being and quality of life of individuals within an organization or society.