Which of the Following Team Rewards Motivate Team Members to Reduce

question 139

Multiple Choice

Which of the following team rewards motivate team members to reduce costs and increase labour efficiency in their work process?

• A)Profit-sharing
• B)Team-based synergy
• C)Employee share ownership plans
• D)Gainsharing plans
• E)Profit-sharing and employee share ownership plans only

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Definitions:

Demand

Demand in economics refers to the quantity of a product or service that consumers are willing and able to purchase at various prices during a certain period.

Increase

A rise or growth in quantity, size, intensity, or another measure.

Demand Curve

A chart that illustrates the correlation between a product's price and the amount of it consumers want to buy, usually depicted as a line sloping downwards towards the right.

Gasoline

Gasoline is a volatile, flammable liquid derived from petroleum, primarily used as fuel in internal combustion engines.