The Problem That Is Most Likely to Be Faced by Organizations

question 6

Multiple Choice

The problem that is most likely to be faced by organizations using an egalitarian pay structure is _____.

• A)the difficulty in external recruitment
• B)in maintaining cooperation among employees
• C)the perception of excessive CEO pay
• D)the difficulty in performing teamwork

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Definitions:

Low Level of Cash

This term indicates a situation where a business or individual has minimal amounts of liquid assets or money on hand.

Precautionary Demand

The desire to hold cash or liquid assets to guard against unexpected events.

Payments to Vendors

Money transfers made by a business to its suppliers for goods or services received.

Demand Deposit

Bank accounts that allow the holder to withdraw funds without prior notice, such as a checking account.