When Workers Are a Part of a Team Their Compensation

question 51

Multiple Choice

When workers are a part of a team their compensation should be

• A) based strictly on their individual performance in order to encourage each worker to exert his or her maximum effort.
• B) based strictly on the achievements of their team in order to encourage teamwork and cooperation.
• C) a stated wage or salary that is not based on either team or individual performance, because it is very difficult to measure individual performance in a team environment.
• D) based on team performance, with additional rewards for those workers who make outstanding individual contributions.

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Definitions:

Accounts Payable

Liabilities of a company or organization representing money owed to suppliers or creditors for goods and services received.

Dividends Paid

The portion of a company's earnings that is distributed to shareholders, typically in the form of cash payments or additional stock.

Net New Investments

This refers to the total amount of money invested in new asset purchases minus any sales of assets over a specific period, reflecting a company's growth investment activities.

Cash Flow From Investing

Cash flow from investing activities is a section of a company's cash flow statement that shows the inflow and outflow of cash resulting from investment activities, such as purchases or sales of physical assets or investments in securities.