When an Organization Bases Employees' Pay on the Number of Units

question 60

Multiple Choice

When an organization bases employees' pay on the number of units each employee produces, it is using a(n)

• A)equity plan.
• B)Scanlon plan.
• C)piece-rate plan.
• D)commission pay plan.
• E)stock option plan.

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Definitions:

Firm Differentiation

The strategy of making a company's products or services distinct from its competitors in the eyes of customers, often through unique characteristics or superior quality.

Stigmatize

To brand or label something negatively, leading to discrimination or ostracization, often based on misconceptions or prejudice.

Personal Transformation

The process of significant change in a person's character, appearance, or circumstances, often fostered by products or services.