Which of the Following Statements Best Describes Forms of Variable

question 56

Multiple Choice

Which of the following statements best describes forms of variable pay?

• A) Profit-sharing plans are also called piece-rate plans.
• B) Stock options are a category of job-sharing pay plans.
• C) Gain sharing is a motivational plan based on group productivity.
• D) Profit-sharing plans are based on the concept that intrinsic rewards are more motivating than extrinsic rewards.

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Definitions:

13-digit Code

Often refers to the International Standard Book Number (ISBN) used to uniquely identify books and related publications.

Inventory

The total amount of goods and materials held in stock by a business, used in production or ready for sale.

Mutual Trust

The shared belief between parties that each will act in the interest of the other, critical for successful personal and professional relationships.

Supply Chain

A configuration of groups, participants, operations, insights, and resources tasked with the delivery of a product or service from the producer to the purchaser.