Piece-Rate Pay-For-Performance Would Most Likely Work Well With

question 136

Multiple Choice

Piece-rate pay-for-performance would most likely work well with:

• A) secretaries who also fill in as receptionists paid for the amount of correspondence they type each day.
• B) police officers paid for the number of arrests they make for drunk driving during a single month.
• C) school teachers paid on the basis of the number of students who have passed standardized tests.
• D) sewing machine operators paid for the number of pairs of pants they sew in a given work day.

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Definitions:

Intellectual Capital

is the intangible value of an organization's knowledge, experience, and intellectual assets, contributing to its competitive edge.

Intellectual Property Laws

Legal regulations that protect creators' rights over their inventions, works, symbols, names, and images created by the mind.

World Trade Organization

An international body that deals with the global rules of trade between nations, aiming to ensure that trade flows as smoothly, predictably, and freely as possible.

Supplier Sustainability

The practice of evaluating and choosing suppliers based on their environmental and social performance, in addition to their economic considerations.