Group Incentive Plans Do All of the Following Except

question 88

Multiple Choice

Group incentive plans do all of the following except:

• A) enable employees to share the benefits of improved efficiency
• B) encourage cooperation
• C) reduce free-ride effect
• D) reward for total contribution to organizational performance

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Definitions:

Maslow's Need Hierarchy

A theory in psychology that prioritizes human needs in a pyramid structure, from basic physiological needs to self-actualization at the top.

Lower Needs

Basic physiological and safety needs in Maslow's hierarchy, such as food, water, shelter, and security.

Higher Needs

Needs that appear at the top of Maslow's hierarchy, such as self-actualization and esteem, referring to personal growth and realization of one's potential.

Financial Success

The achievement of financial objectives and goals, often marked by wealth accumulation, debt reduction, and financial security.