An Agent May Not Engage in Inappropriate Behavior That Reflects

question 12

Multiple Choice

An agent may not engage in inappropriate behavior that reflects badly on the principal.This rule applies to conduct

• A)during working hours.
• B)during off-duty time.
• C)during both working hours and off-duty time.
• D)only by public officials.

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Definitions:

Standard Hour Plan

A compensation strategy that pays workers based on the estimated time it should take to complete a task, with potential bonuses for efficiency.

Incentive Pay Plan

A compensation strategy that pays employees based on their performance or the achievement of specific business goals.

Gainsharing

A compensation strategy where employees receive benefits from improvements in the company's performance, such as increased productivity or cost savings.

Gainsharing

A performance-based compensation strategy that rewards employees for contributing to the company's success through efficiencies and improvements.