The Problem with Membership and Seniority-Based Rewards Is That

question 101

Multiple Choice

The problem with membership and seniority-based rewards is that:

• A)they discourage people from remaining with the organization.
• B)they are difficult to use in organizational settings.
• C)they do not directly motivate job performance.
• D)All of the answers are correct.
• E)they discourage people from remaining with the organization and they do not directly motivate job performancE.

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Definitions:

Stagflation

A situation in the economy where inflation and unemployment rates are high simultaneously.

Keynesian Demand Management

A strategy based on Keynesian economics that entails adjusting the level of demand in the economy through monetary and fiscal policy to manage economic cycles.

Economy Control

The use of various tools and policies by a government to regulate and oversee the economy’s health and stability.

Stagflation

A condition of slow economic growth and relatively high unemployment – a period of stagnation – accompanied by rising prices (inflation).