Which of the Following Is an Advantage of Individual-Based Pay-For-Performance

question 32

Multiple Choice

Which of the following is an advantage of individual-based pay-for-performance plans?

• A) Quality goals and production goals are accomplished.
• B) Rewarded performance is likely to be repeated.
• C) Flexibility is enhanced among supervisors.
• D) Equity is relatively easy to achieve.

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Definitions:

Agricultural Goods

Products derived from agriculture, such as crops and livestock, used primarily for food, fiber, and raw materials.

Farmland

Arable land used for the purpose of agricultural crops or livestock.

Comparative Advantage Theory

This theory suggests that countries should specialize in producing and exporting goods in which they have a lower opportunity cost than their trade partners.

Import

The practice of acquiring goods or services from outside a nation's borders for resale purposes.