A Compensation Structure That Generates Much Higher Pay Rates for the Top

question 50

Multiple Choice

A compensation structure that generates much higher pay rates for the top performers, while those whose productivity is only a little lower receive substantially less compensation, is called

• A) tournament pay.
• B) competing differentials.
• C) dueling executives.
• D) winner take all.

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Definitions:

Inherited Traits

Genetic characteristics passed down from parents to offspring, determining various physical and, to some extent, psychological features of individuals.

Phenotypes

The visible attributes or qualities of an organism that arise from the interplay between its genetic makeup and environmental factors.

Genotypes

The genetic makeup of an organism, consisting of all the inherited alleles that influence traits and characteristics.

Monozygotic Twins

Identical twins resulting from a single fertilized egg splitting into two, sharing the exact genetic makeup.