Which of the Following Is True of a Performance Bonus

question 68

Multiple Choice

Which of the following is true of a performance bonus?

• A) It is designed to reward group performance.
• B) It should be re-earned by employees during each performance period.
• C) It is rolled into base pay and provided yearly or monthly.
• D) It lacks flexibility and hence it is less popular.
• E) It is not a one time reward in most of the cases.

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Definitions:

Multidomestic OM Strategy

A strategy in operations management where a company customizes its products or services to meet the specific needs of each country or region it operates in.

Local Responsiveness

The ability of a company or organization to tailor its products, services, and operations to meet the specific needs of local markets.

Cost Advantage

The benefit or saving realized from lower production or operational expenses compared to competitors.

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale, leading to increased interconnectedness of the world's economies, cultures, and populations.