What Is the Difference Between Bonuses and Team Awards

question 80

Multiple Choice

What is the difference between bonuses and team awards?

• A) Bonuses are for bigger work groups whereas team awards are for small teams.
• B) Unlike bonuses, team awards encourage cooperation.
• C) Bonuses are usually given to employees who meet deadlines, whereas team awards are given only when the team as a whole meets the targets.
• D) Unlike team awards, bonuses encourage competition among individuals.
• E) Bonuses reward attainment of goals measured in terms of physical output, whereas team awards reward performance in terms of cost savings.

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Definitions:

Older Adults

Individuals who are in the later stage of their life, often considered to be age 65 and older.

Younger Adults

Individuals in an age group that typically ranges from late adolescence to early middle adulthood, often characterized by transitions in education, career, and personal life.

Charles Spearman

A British psychologist known for his work in statistics and intelligence, notably for his theory that human intelligence is largely governed by a general intelligence factor, g.

General Intelligence

A hypothesis positing a wide-ranging cognitive capability that impacts outcomes on tests of intellectual abilities.