In Regards to Pay-For-Performance Programs,which of the Following Is Most

question 66

Multiple Choice

In regards to pay-for-performance programs,which of the following is most likely characteristic of small firms than large firms?

• A) Conflicts about pay differences are minimal because of close co-worker relationships.
• B) Linking pay incentives to team performance is easier at small firms than large ones.
• C) Small firms lack personnel able to design and administer complex incentive plans.
• D) Clearly established grievance procedures allow employees to address unfair pay.

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Definitions:

Long-Term Objectives

Goals that an organization aims to achieve over an extended period, typically beyond one year, to guide strategic direction and growth.

Short-Term Problems

Issues or challenges that need immediate resolution but do not typically affect long-term performance or strategy.

Strategic Opportunism

The practice of staying open to new opportunities while having a strategic framework to guide decision-making.

Long-Term Objectives

Strategic goals that an organization or individual aims to achieve over an extended period, typically several years or more.