A Consultant Presenting a Group/team Incentive Plan Proposal Stresses That

question 73

Multiple Choice

A consultant presenting a group/team incentive plan proposal stresses that the money to be used as incentive rewards will be generated by improved organizational performance. Which of the following principles is at work in such a plan?

• A)zero investment
• B)pay-as-you-go
• C)financial independence
• D)self-funding

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Definitions:

Past Accomplishments

Refers to the achievements or successes an individual, group, or organization has realized in the past.

Coworkers

Individuals who work together in the same organization or workplace, often collaborating or interacting as part of their roles.

Golem Effect

A psychological phenomenon in which lower expectations placed upon individuals either by supervisors or the individuals themselves lead to poorer performance.

Performance

The act of carrying out a task with skill, or the degree to which a system, component, or individual successfully achieves its intended purpose.