Examlex
Which of the following is a characteristic of a centralized organization?
Individual Incentive Plan
A compensatory strategy intended to boost individual employee performance through specific rewards.
Piecework
A payment structure where employees are paid a fixed rate for each unit of work completed, rather than by hourly wages.
Profit-Sharing Plans
Employee benefit plans under which a company shares a portion of its profits with its employees, usually distributed based on set criteria such as seniority or salary level.
Genuine Ownership
The authentic and rightful possession of an item or property, confirmed through legal or official means.
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