Value Is

question 109

Multiple Choice

Value is

• A) the lowest cost option.
• B) represented by brand names.
• C) the highest-priced alternative.
• D) everyday low prices.
• E) what you get for what you give.

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Definitions:

Incentive System

A business tool designed to motivate and reward employees to achieve higher levels of performance.

Performance Targets

Specific objectives set to measure and evaluate the efficiency, effectiveness, and productivity of an operation, project, or individual.

Call Centre

A centralized office used for receiving or transmitting a large volume of requests by telephone, often for customer service purposes.

Reward System

A structured scheme for the distribution of benefits or incentives to employees or participants, based on their performance and achievements.