Job-Based Pay Structure

question 61

Multiple Choice

Job-based pay structure

• A)discourages topdown decision-making.
• B)encourages lateral employee movement.
• C)discourages promotion-seeking behavior.
• D)encourages a lack of initiative on the part of employees.
• E)discourages performance evaluation by the manager.

---

Definitions:

High Cholesterol

A condition characterized by elevated levels of cholesterol in the blood, which can increase the risk of heart disease.

Demand Shift

A change in the quantity of a product or service that consumers are willing and able to buy, due to factors such as price, consumer preferences, or income changes.

Equilibrium Price

the price at which the quantity of goods supplied equals the quantity of goods demanded, reaching a state of market balance.

Demand Increase

A situation where the desire and willingness to purchase a good or service grows, often resulting in higher prices.