Motivational and Incentive Compensation Practices That Aim at Winning the Commitment

question 20

Multiple Choice

Motivational and incentive compensation practices that aim at winning the commitment of company personnel to good strategy execution typically

• A)use only positive rewards and never involve the use of tension, fear, job insecurity, stress, or anxiety.
• B)entail decidedly positive rewards for meeting or beating performance targets, but also impose sufficiently negative consequences when actual performance falls short of the target.
• C)aim at creating a no-pressure/no-adverse-consequences work environment.
• D)entail paying the highest wages and salaries in the industry for all jobholder positions and also stressing nonmonetary rewards, like cash bonuses for high-performing employees.
• E)put top priority on making employees happy and secure in their jobs.

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Definitions:

Acquisition

The act of obtaining control of another company or business entity through purchase, merger, or another method.

Watch Bands

Straps or bracelets that attach to a watch case, allowing it to be worn on the wrist.

HRM

Human Resource Management; the strategic approach to manage people in an organization in a way that supports the business's goals and vision.