Some of the Most Important Nonmonetary Approaches to Enhancing Motivation

question 5

Multiple Choice

Some of the most important nonmonetary approaches to enhancing motivation and helping drive successful strategy execution include

• A) adopting promotion-from-within policies and acting on suggestions from employees.
• B) providing attractive perks and fringe benefits.
• C) creating a work atmosphere in which there is genuine sincerity,caring,and mutual respect among employees and management.
• D) using frequent words of praise to recognize employees for commendable performance.
• E) All of these choices are correct.

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Definitions:

Interest Expense

The cost incurred by an entity for borrowed funds; it is the price paid for the use of borrowed money, or, for corporations, the price paid for the use of borrowed capital.

Payout Ratio

A financial metric that measures the proportion of earnings a company pays to its shareholders in the form of dividends.

Net Income

Net income is the total profit of a company after all expenses and taxes have been deducted from total revenue.

Retained Earnings

Profits that a company keeps after dividends have been paid out, which may be used for investment or to pay off debt.