Piecework or Piece-Rate Plans Are One of the ______ Forms

question 16

Multiple Choice

Piecework or piece-rate plans are one of the ______ forms of compensation,and they can act as an incentive to produce at a higher level because the more workers produce,the more they get paid.

• A) hardest
• B) simplest
• C) most complex
• D) nonused

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Definitions:

Trading Equity

The process of exchanging ownership stakes in a company, often for capital investment or strategic partnership benefits.

Financial Support

Assistance given in the form of money, resources, or services to help organizations, individuals, or businesses financially.

Entrepreneur

An individual who starts and runs a business, taking on financial risks in the hope of profit.

Venture Capitalist Companies

These are firms that provide financial capital to early-stage, high-potential growth startup companies in exchange for equity or an ownership stake.