Effective Spot Reward Programs Depend on Which of the Following

question 55

Multiple Choice

Effective spot reward programs depend on which of the following?

• A) discretion
• B) timely acknowledgements
• C) obvious links between employee actions and recognition
• D) all of these

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Definitions:

Inflation

The rate at which the standard pricing for all goods and services moves upward, reducing the leverage of consumers to buy.

World Commodities

Raw materials or primary agricultural products that are traded on a global scale, which can include oil, gold, wheat, and coffee.

Price Level

The current mean value of prices for every good and service available in the economy.

Output

The total amount of goods or services produced by a person, machine, business, or country.