A Compensation System Must Be Viewed in the Context of the Total

question 24

True/False

A compensation system must be viewed in the context of the total reward system because it is the total pattern of financial and non-financial rewards that motivate employee behaviour.

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Definitions:

Continental Army

The revolutionary war military force of the American colonies from 1775 to 1783, established to fight against British rule during the American Revolutionary War.

African-Americans

A racial group in the United States with origins in the black racial groups of Africa, including those who trace their ancestry to slaves brought to the US and individuals who immigrated from African nations.

Seven Years' War

A global conflict fought between 1756 and 1763 that involved most of the great powers of the time and affected Europe, North America, Central America, the West African coast, India, and the Philippines.

Colonies' Economy

The economic systems and practices of European colonies, often characterized by agriculture, trade, and the exploitation of indigenous peoples and resources.