Veronica Just Accepted a Job at QuizBiz

question 13

Multiple Choice

Veronica just accepted a job at QuizBiz.She left a large company that offered big bonuses for salespersons who exceeded their quotas.At QuizBiz,the individual bonuses are smaller,but there are team rewards as well.This is known as a _____ reward system.

• A) team
• B) project
• C) hybrid
• D) distributive
• E) discretionar

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Definitions:

Profitability

A measurement of the efficiency and effectiveness of a company at generating profits from its operations.

Competition And Profitability

The relationship between the competitiveness of a market and the ability of firms within that market to generate profits.

Competitive Forces

The external factors that influence the competitive position of a firm in an industry or market.

Interdependent

A situation where entities or individuals depend on each other, often seen in economic and social settings.