What Must an Organizational Incentive Program Do in Order to Be

question 52

Multiple Choice

What must an organizational incentive program do in order to be effective?

• A)include everyone from non-exempt employees to managers and executives
• B)reward the shareholders for investing in the business
• C)pay out every year regardless of whether the organization is profitable
• D)give higher rewards to employees whose individual efforts are outstanding

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Definitions:

Memory Fades

The gradual loss of the ability to recall information or experiences over time.

Lack of Use

A situation where a product, skill, or service is not utilized, potentially leading to its degradation or obsolescence.

Cue-dependent

Refers to the phenomenon where recall of information is improved when retrieval conditions are similar to the conditions present during encoding.

Maintenance Rehearsal

A cognitive process involving the repetition of information to keep it within working memory or to encode it for storage in long-term memory.