Which of the Following Statements About Team Pay Is the Most

question 178

Multiple Choice

Which of the following statements about team pay is the most accurate?

• A) Most managers are very satisfied with the team-based pay programs that are currently in place.
• B) Most managers have concluded that team pay methods are so complex and difficult to administer that they have gone back to pay plans based on rewarding workers for their individual achievements.
• C) Although individuals who make an outstanding contribution should be recognized and rewarded, a pay system based strictly on individual performance can undermine the cohesiveness teams need to meet their goals.
• D) Team pay plans should emphasize individual rewards since the team can succeed only if all individuals are highly motivated to work as hard as possible.

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Definitions:

Common Difficulty

A problem or challenge that is frequently encountered by multiple individuals or groups.

Satisfice

A decision-making strategy that aims for a satisfactory or adequate result, rather than the optimal solution.

Cost-benefit Relationship

An analysis or assessment that compares the costs and benefits of a decision, project, or action to determine its feasibility or worth.

Least Expensive

The option or solution with the lowest cost among a selection of alternatives.