Which of the Following Statements Is True of Compensation

question 21

Multiple Choice

Which of the following statements is true of compensation? 

• A) ​Skill-based pay works best in relatively stable environments where employees can focus on improving productivity, cost savings, or quality. 
• B) ​Nonfinancial awards tend to be most effective when teams or team-based interventions are first introduced. 
• C) ​Gainsharing is most effective for self-managing and self-directing teams performing complex tasks. 
• D) ​Gainsharing programs are especially effective when coupled with management recognition, such as awards, certificates, and praise.

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Definitions:

Commercial Profit

The financial gain generated from business activities, after subtracting the costs of operations and expenses.

Online Media

Digital forms of communications such as websites, social media platforms, and streaming services that are accessed via the internet.

User-generated Content

Media content created and shared by consumers, often facilitated by online platforms and social media, contributing to brand engagement.

Social Networks

Online platforms that enable users to create public profiles, interact with other users, and share content, fostering social connections and communities.