Which of the Following Should Be Considered by Firms When

question 28

Multiple Choice

Which of the following should be considered by firms when determining their overall benefit plan?

• A) Are the type and level of benefits consistent with our long-term business plan
• B) Are we meeting the needs of employees
• C) What legal requirements must we satisfy
• D) All of the above

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Definitions:

Intrinsic Task Motivation

The internal drive to perform a task well for its own sake, rather than for external rewards.

Extrinsic Environmental Components

Factors outside an organization that affect its operation, such as economic conditions, competition, and regulation.

Domain-Relevant Skills

Specific abilities and knowledge required to perform effectively in a particular field or area of work.

Intrinsic Task Motivation

The drive to undertake a task due to the inherent satisfaction and interest it provides, rather than for external rewards.