Which of the Following Is a Disadvantage Associated with Spot

question 9

Multiple Choice

Which of the following is a disadvantage associated with spot bonuses?

• A) They are typically given in the form of nonmonetary incentives.
• B) They can be awarded only during appraisals.
• C) They can fuel jealousy among employees.
• D) They are given to a team and not to individual employees.

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Definitions:

Invested

Invested pertains to the allocation of resources, usually money, into financial schemes, shares, property, or a commercial venture with the expectation of achieving a profit.

Interest Rate

The percentage at which interest is charged on a loan or paid on savings.

Guaranteed Investment

An investment product that promises a certain return or protects the principal amount.

Matures

Refers to the date on which a financial obligation must be repaid or the final payment is due, typically used in the context of bonds or loans.