Juno XP Is an Event Management Firm

question 5

Multiple Choice

Juno XP is an event management firm. Being a startup, the firm is unable to offer its employees the best salaries but instead engages them by providing challenging work and regular training. Which of the following is most similar to this scenario?

• A) Anchor Studios provides its executives with pay packages that are higher than the industry average.
• B) Rolro Bus Services is an environmentally-conscious organization and ensures that all its vehicles meet emission standards.
• C) M2M & Co. focuses on empowering its employees by allowing them to work independently and providing them with opportunities for promotion.
• D) Boogle.com has a sprawling state-of-the-art campus, but the work performed by employees is routine and monotonous.
• E) Man Inc. assigns a "buddy"-a senior employee, to every new recruit who helps them assimilate into the organization.

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Definitions:

Merit Raises

Salary increases based on an employee's performance as assessed through evaluations, rewarding good work.

Performance Appraisal System

A systematic process by which an employee's job performance and productivity are evaluated by their supervisor or manager.

Piece Rate Pay Systems

A compensation method where employees are paid a fixed rate for each unit they produce or task they complete, incentivizing productivity.

Direct Link

A straightforward connection or relationship between two elements, ensuring clear communication or interaction without intermediaries.