An Organization Wants to Provide Its Employees Information About What

question 79

Multiple Choice

An organization wants to provide its employees information about what its goals are and what it expects employees to accomplish.It is planning to implement an incentive plan that helps employees understand the organization's goals.Which of the following should be used by this organization?

• A) Profit sharing plan
• B) Piecework rates
• C) Merit pay system
• D) Scanlon plan
• E) Balanced scorecard

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Definitions:

Anaerobic Respiration

A type of respiration that occurs without the presence of oxygen, using compounds other than oxygen to react with glucose to produce energy.

Aerobic Respiration

A metabolic process that uses oxygen to generate ATP by breaking down glucose and other nutrients; it occurs in the mitochondria.

ATP

Adenosine triphosphate, commonly referred to as ATP, is vital for transferring energy in cells to power metabolic functions.

Myoglobin

A red protein containing heme that carries and stores oxygen in muscle cells, very similar in structure to hemoglobin.