If Rewards Are Distributed Based on Personal Performance Levels,a Perception

question 51

Multiple Choice

If rewards are distributed based on personal performance levels,a perception of ______ can be created if managers don't make clear why some are provided with greater incentives than others.

• A) fairness
• B) merit
• C) variableness
• D) favoritism

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Definitions:

Price Differentials

The variation in the price of goods or services when compared across different markets, sellers, or buying conditions.

Price-insensitive Product

A product for which demand does not significantly change with a price increase or decrease, often due to its unique value or lack of alternatives.

Product-line Pricing

A marketing strategy that manages the prices of multiple products within the same product range.

Bundle Pricing

A pricing approach where several items or services are bundled and offered for sale at one price.